Core Viewpoint - TruGolf Holdings, Inc. is set to open its first franchise location in Manteno, Illinois on July 29, 2025, marking a significant milestone in its franchise expansion strategy [1][2]. Company Overview - TruGolf is a leading golf technology company established in 1983, focused on innovative indoor golf solutions and enhancing the accessibility of golf through technology [5]. - The company aims to grow the game of golf by making it more available, approachable, and affordable, believing that golf is for everyone [5]. Franchise Development - The franchise concept, TruGolf Links, was launched approximately 14 months ago, and the company currently has over 160 units in development across four states [2]. - The first franchise location will feature four TruGolf Premium Simulators and a TruGolf Multi-sport Arcade, although it will not provide food and beverage services [1][2]. - Additional franchise locations are anticipated to open starting in the fourth quarter of 2025, with an accelerated pace expected in 2026 [2]. Community Engagement - The opening event will include remarks from key figures such as Dr. Ben Litalien, Chief Development Officer, and the Mayor of Manteno, Annette LaMore, highlighting the community involvement [4]. - The franchise aims to provide a recreational and training facility that leverages TruGolf's 40 years of technical expertise, catering to both golfers and non-golfers through various entertainment options [4]. Regional Development Strategy - TruGolf Links Franchising focuses on regional developers who will acquire territories with populations of 1 million or more, opening flagship locations and developing additional units [6]. - Regional developers are compensated for attracting franchisees and providing local support to all TruGolf Links locations within their territory [6].

Core Insights - TruGolf Holdings, Inc. is launching its new portable launch monitor, LaunchBox, globally on July 1, 2025, which aims to provide professional-grade accuracy at an accessible price point for golfers worldwide [1][4][8] Product Features - LaunchBox utilizes advanced hyper-speed camera technology to measure over 12 key shot metrics without the need for special balls or calibration, making it user-friendly for various environments [8] - The product is fully integrated with E6 APEX, offering features such as club fitting, access to over 1,500 virtual golf courses, gamified practice challenges, and broadcast-quality commentary powered by IBM watsonx.ai [6][7] Market Positioning - The launch of LaunchBox marks TruGolf's entry into the $300 million portable launch monitor market, targeting millions of home users and driving range regulars [4][5] - Priced at $2,200, LaunchBox is designed to be affordable for everyday golfers while maintaining the accuracy and realism that TruGolf is known for [8] Strategic Partnerships - The product enhances TruGolf's digital ecosystem through subscription-based software and strengthens its partnership with IBM, leveraging IBM watsonx.ai for smarter golf experiences [5]

Core Insights - Urban Edge Properties has signed a lease with TruGolf Links for a flagship location in Cherry Hill, New Jersey, which will feature a premium "eatertainment" experience and is set to open by the end of 2025 [1][3] - TruGolf, a Nasdaq-listed company, is transitioning from selling high-tech golf simulators to opening brick-and-mortar TruGolf Links Centers, offering a high-end entertainment experience [2][4] - The new TruGolf Links Center will include five premium golf simulators, an upscale food and beverage menu, and a full bar, aiming to attract a diverse audience [4][5] Company Overview - TruGolf has been innovating in the golf industry since 1983, focusing on making golf more accessible through technology and offering products like award-winning video games and e-sports platforms [6] - Urban Edge Properties is a real estate investment trust that manages and develops retail real estate in urban areas, owning 73 properties with a total of 17.2 million square feet of gross leasable area [9] Strategic Development - The flagship TruGolf Links Center will be located in a prime area of the Plaza at Cherry Hill, which is anchored by national brands and adjacent to a highly trafficked mall, enhancing its visibility and accessibility [3][4] - The collaboration between TruGolf and Urban Edge aims to create a compelling retail destination that meets community needs and enhances the overall shopping experience [4][5]

Core Viewpoint - TruGolf Holdings, Inc. announced a 1-for-50 reverse stock split of its Class A common stock, effective June 23, 2025, to consolidate shares and potentially enhance stock performance [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will consolidate every fifty shares of Class A common stock into one share, reducing the outstanding shares from approximately 40.5 million to about 0.8 million [2][3]. - The number of authorized shares will remain at 650 million, and no fractional shares will be issued; instead, stockholders will receive cash for any fractional shares [2][3]. Group 2: Company Background - TruGolf has been a key player in the golf industry since 1983, focusing on innovative indoor golf solutions and technology to make golf more accessible [4]. - The company aims to grow the game of golf by making it more available, approachable, and affordable through its products and services, including award-winning video games and an e-sports platform [4].

Core Insights - TruGolf Holdings, Inc. has announced the acquisition of mlSpatial, an AI and machine learning engineering firm, to enhance its product offerings in golf technology [1][2][3] - The acquisition follows a successful partnership that began in March 2024, focusing on co-developing an AI engine for TruGolf's Apogee Launch Monitor [2] - This strategic move aims to integrate advanced AI technologies across TruGolf's product suite, improving user experiences and training suggestions [2][3] Company Overview - TruGolf is recognized as a leader in golf technology, committed to simplifying the game through innovative AI applications and gamified improvement plans [5] - The company has a history of redefining golf through technology, offering a comprehensive suite of hardware, software, and web products [5] Industry Context - The acquisition aligns with a broader industry trend of significant investments in AI infrastructure, highlighted by a recent initiative from President Donald Trump to invest up to $500 billion in AI technologies in the U.S. [3]

Core Insights - TruGolf Holdings, Inc. is a leading golf technology company that focuses on making golf easier through innovative technology solutions [2] - The company will be presenting at the "2025 Virtual Tech Conference" on June 4, 2025, highlighting its advancements in golf technology [1] Company Overview - TruGolf specializes in AI applications for content creation, image and spatial analysis, and gamified golf improvement plans, positioning itself as an industry leader in the technological revolution within golf [2] - The company's product suite includes hardware, software, and web products designed to enhance the golfing experience by making it easier to play, improve, and enjoy the game [2] Event Details - Brenner Adams, TruGolf's Chief Growth Officer, will present at the conference, which is organized by Maxim Group LLC and will be streamed live on M-Vest [1]

Group 1 - TruGolf Holdings, Inc. will present at the "2025 Virtual Tech Conference" on June 4, 2025, at 3:00 PM EDT [1] - The company is recognized as a leader in golf technology, focusing on AI applications, content creation, and spatial analysis to enhance the golfing experience [2] - TruGolf's product offerings include a suite of hardware, software, and web products designed to make playing, improving, and enjoying golf easier [2] Group 2 - The conference will be hosted by Maxim Group LLC and will be available live on M-Vest [1] - Interested participants can register for the event through a provided link [1] - For more information about TruGolf's products and innovations, the company encourages visiting their website [4]

Core Viewpoint - TruGolf Holdings, Inc. has received an extension from the Nasdaq Hearings Panel to comply with listing rules, with its listing moving to the Capital Market effective June 3, 2025 [1][2]. Company Overview - TruGolf is a leading golf technology company focused on making golf more accessible through innovative technology, including AI applications for content creation and spatial analysis [2]. - The company offers a range of products, including hardware, software, and web solutions, aimed at enhancing the golfing experience [2]. Management Statements - Chris Jones, the CEO of TruGolf, expressed satisfaction with the Panel's decision and emphasized the company's commitment to meeting Nasdaq's listing requirements [2]. - The company aims to achieve organic compliance with a share price of $1.00 to avoid a reverse stock split [2].

Core Viewpoint - TruGolf Holdings, Inc. has authorized a stock repurchase program of up to $2 million to enhance shareholder value [1][3]. Group 1: Stock Repurchase Program - The stock repurchase program will be executed until the expenditure of $2 million, or until it is terminated or completed [2]. - Purchases may occur through open-market transactions or other means as determined by management, adhering to SEC regulations [2]. - The timing and number of shares repurchased will depend on various factors including price, trading volume, and market conditions [2]. Group 2: Company Overview - TruGolf is a leading golf technology company focused on making golf more accessible through innovative technology [4]. - The company utilizes AI for content creation and spatial analysis, and offers gamified golf improvement plans [4]. - TruGolf's products include a suite of hardware, software, and web solutions aimed at enhancing the golfing experience [4].

Core Insights - TruGolf Links Franchising, a subsidiary of TruGolf Holdings, is expanding its franchise operations with over 160 units planned across multiple states, including Illinois, New Jersey, Tennessee, and New York [3][4] Company Overview - TruGolf has been a key player in the golf industry since 1983, focusing on innovative indoor golf solutions and technology to make golf more accessible [7] - The company aims to grow the game of golf by making it more available, approachable, and affordable through its products and services [7] Franchise Development - TruGolf Links Franchising has signed agreements for over 160 franchise units, with the first locations expected to open soon [3] - The franchise model includes Regional Developers who manage territories with populations of 1 million or more, opening flagship locations and supporting additional franchisees [8] Upcoming Events - TruGolf will showcase its latest technology at the New York International Franchise Expo on May 29, 2025, featuring a live simulator and a contest for attendees [2][4]