TruGolf advances Polymath acquisition with leadership and tokenization initiatives

  • TruGolf outlined developments while advancing its planned acquisition of Polymath Research.
  • TruGolf announced a 1-for-10 reverse split effective September 29, 2026.
  • TruGolf installed its first RANGE system in New Albany, Indiana, for up to five players.

TruGolf Holdings outlined corporate developments as it advances its previously announced acquisition of Polymath Research, a developer of infrastructure for regulated digital securities and tokenized real-world assets. The Aug. 18 agreement covers Polymath's tokenization platform and Polymesh, a purpose-built Layer-1 blockchain. TruGolf appointed Chairman Brenner Adams as interim chief executive officer and added Jay Heller to its board. TruGolf Links and Polymath plan to develop tokenized equipment leasing and fractional franchise ownership opportunities targeted for the first quarter of 2027. Polymath also announced partnerships with the Tokenized Asset Foundation and High Ridge Trust. Separately, TruGolf installed its first TruGolf RANGE system in New Albany, Indiana, with capacity for five simultaneous players and features including slow-motion replay, ball-flight data and integrated artificial-intelligence analysis. The company also announced a 1-for-10 reverse stock split of its Class A common stock effective Sept. 29, 2026, with the shares assigned CUSIP number 243733607.

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