TruGolf Holdings, Inc. - Class A Common Stock (TRUG)

TruGolf (NASDAQ: TRUG) provided a summary of recent corporate developments as it advances its previously announced acquisition of Polymath Research Inc. (“Polymath”), a developer of institutional-grade infrastructure for regulated digital securities and tokenized real-world assets. TruGolf entered into an agreement Aug. 18 to acquire Polymath, including its tokenization platform and purpose-built Layer-1 blockchain, Polymesh. Recent developments include the appointment of Chairman Brenner Adams as interim CEO and Jay Heller to the board, plans for TruGolf Links and Polymath to develop tokenized equipment leasing and fractional franchise ownership opportunities targeted for the first quarter of 2027, and Polymath partnerships with the Tokenized Asset Foundation and High Ridge Trust.

TruGolf (NASDAQ: TRUG) announced the resignation of founder Chris Jones as CEO and a director, with Chairman Brenner Adams appointed interim CEO while the company conducts a search for a long-term replacement. The board also appointed Jay Heller as a director to replace Jones. Heller is CEO of K Lab and previously spent 18 years at Nasdaq, where he served as vice president and head of capital markets and IPO execution, overseeing more than 3,000 public listings. TruGolf said it is also progressing toward closing its previously announced acquisition of Polymath while continuing efforts to strengthen its core virtual golf business, improve efficiency and develop strategic global partnerships.

NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against TruGolf Holdings, Inc. (“TruGolf” or the “Company”) (NASDAQ: TRUG).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

NEW YORK, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against TruGolf Holdings, Inc. (“TruGolf” or the “Company”) (NASDAQ: TRUG).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against TruGolf Holdings, Inc. (“TruGolf” or the “Company”) (NASDAQ: TRUG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.