TruGolf Holdings, Inc. to acquire Polymath Research Inc.

TruGolf Holdings, Inc. has agreed to acquire Polymath Research Inc. in a strategic acquisition. The transaction, announced on 17 August 2026, involves the US-based buyer purchasing the Canadian target. The deal is structured as an all-shares consideration, meaning the value of the transaction was settled through equity rather than cash. The specific monetary value of the deal was not disclosed in the available records. Both companies operate within the technology sector, although the precise nature of their respective business activities is not detailed in the provided data. The acquisition represents a cross-border transaction between the United States and Canada.

The deal was completed on 8 October 2026, approximately seven weeks after the initial announcement. This timeline suggests a relatively straightforward regulatory and procedural process for the transaction. As the deal has now closed, the integration of Polymath Research Inc. into TruGolf Holdings, Inc. is complete. No further regulatory approvals or pending conditions remain outstanding. The final status of the transaction is recorded as completed, confirming that the transfer of ownership has been fully executed. This concludes the acquisition process for this specific corporate transaction.