POPA ReconGolf Simulator Maker TruGolf Buys Polymath
Golf Simulator Maker TruGolf Buys Polymath Nasdaq-listed TruGolf closed its Polymath acquisition on Oct 8, paying in common and preferred stock priced against a $140M reference value. Polymath built Polymesh, a layer-1 blockchain for regulated assets, and by the end of 2025 had issued over $132M in tokenized assets for 65+ issuers. Its shareholders got 257,494 Class A shares (19.99% of TruGolf's Class A before closing) plus 136,956 Series C preferred shares. Polymath's interim CEO Natalie Hirsch becomes TruGolf's CFO and COO. Polymath runs as a subsidiary while TruGolf keeps making golf sim…
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