Techmediabreaks Trugolf Holdings, Inc. (NASDAQ: TRUG) Completes Acquisition Of Polymath Research, Expanding Into Institutional Asset Tokenization
Following the acquisition, Polymath will operate as a wholly owned subsidiary while TruGolf continues its golf technology operations, including its simulators and E6 platform. Natalie Hirsch, formerly Polymath's chief financial officer and interim CEO, has been appointed chief financial officer and chief operating officer of TruGolf, while David Hackett has joined its board of directors. In connection with the transaction, TruGolf also received approximately $2.95 million in net proceeds from the exercise of Series B preferred warrants.
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About TruGolf
Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf's mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology – because TruGolf believes Golf is for Everyone. TruGolf's team has built award-winning video games (“Links”), innovative hardware solutions, and an all-new e-sports platform, E6 CONNECT, to connect golfers around the world. Since TruGolf's beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.
NOTE TO INVESTORS: The latest news and updates relating to TRUG are available in the company's newsroom at
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