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Forbes· 2025-06-11 20:20
The World’s Highest-Paid Golfers 2025 https://t.co/kv8y0ofpsp ...
TruGolf Announces Acquisition of mlSpatial
Globenewswire· 2025-06-11 12:30
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]
E-Z-GO® Celebrates National Golf Cart Day
Prnewswire· 2025-06-10 11:17
Core Points - Textron E-Z-GO LLC is celebrating National Golf Cart Day 2025 by offering a $500 discount on any new E-Z-GO vehicle purchased from authorized dealers [1][2] - The promotion runs from June 13-15, 2025, and can be combined with existing rebates from the "Red, White, & Built Right" savings event, which offers rebates between $1,000 and $4,000 on select models [2] - National Golf Cart Day, observed on June 13, marks the anniversary of E-Z-GO's founding in 1954, celebrating its 71st birthday this year [3] Company Overview - E-Z-GO, founded in Augusta, Georgia, is a leader in the design and manufacture of golf cars and utility vehicles, known for innovative sustainable electric-vehicle technology [6] - The company operates on a 54-acre campus in Augusta, employing over 1,000 people and producing tens of thousands of vehicles annually for a global customer base [4] - E-Z-GO's product lineup includes models such as RXV fleet golf cars, Freedom and Valor personal golf cars, and the E-Z-GO Express personal utility vehicles, with the latest innovation being the Liberty, which features four forward-facing seats [6] Industry Context - The golf cart industry plays a significant role in both the sport of golf and personal transportation, with E-Z-GO being an iconic American brand in this sector [5] - Textron Inc., the parent company of E-Z-GO, operates across multiple industries, leveraging its global network to provide innovative solutions and services [7]
Newton Golf Company Appoints Jeff Clayborne as Chief Financial Officer
Globenewswire· 2025-06-10 11:00
Core Viewpoint - Newton Golf Company has appointed Jeff Clayborne as Chief Financial Officer to lead its financial strategy and support growth initiatives [1][2][3] Company Overview - Newton Golf is a leading developer of performance-driven golf equipment, previously known as Sacks Parente, and focuses on innovation inspired by physics [7] Leadership Appointment - Jeff Clayborne brings over 30 years of financial leadership experience in consumer products, technology, and entertainment sectors [2] - His previous role as CFO at Perfect Moment involved leading a successful IPO and restructuring the balance sheet [2][3] - Clayborne's experience includes significant roles at Verb Technology, SONDORS, Universal Music Group, and The Walt Disney Company, where he managed large-scale financial operations and M&A transactions [3] Strategic Focus - The company aims to expand its direct-to-consumer (DTC) footprint and accelerate international growth under Clayborne's leadership [2][3] - Clayborne emphasizes the importance of innovation, product excellence, and U.S.-based manufacturing in differentiating Newton Golf in the market [4] Financial Management - Clayborne is expected to strengthen Newton's financial foundation and optimize financial performance as the company scales [3][4]
Construction Efforts Underway in Parsippany as Topgolf Breaks Ground
Prnewswire· 2025-06-05 15:00
Core Insights - Topgolf has broken ground on a new three-level venue in Parsippany, New Jersey, expected to open in summer 2026, marking its third location in the state [1][5] - The new venue will feature 102 outdoor climate-controlled hitting bays, equipped with Toptracer technology, and will employ approximately 350-400 staff members [5] Company Overview - Topgolf is a brand under Topgolf Callaway Brands Corp. (NYSE: MODG), known for its tech-driven modern golf experiences and a variety of entertainment options [4][5] - The company operates over 100 venues globally, offering a mix of golf, dining, and entertainment in a relaxed environment [4][5] Venue Features - The Parsippany location will include a full-service restaurant and bar, over 140 HDTVs, fire pits, and year-round family-friendly programming [5] - A private event space and rooftop terrace will be available for various gatherings, enhancing the venue's appeal for social events [5] Community Impact - Local officials express enthusiasm for Topgolf's arrival, highlighting its potential to boost the local economy and create jobs [5] - The venue is expected to enhance Parsippany's entertainment offerings and contribute to community growth [5]
Topgolf Swings into Summer with Serious Value and Fun
Prnewswire· 2025-06-04 12:00
Core Insights - Topgolf aims to provide affordable and enjoyable golfing experiences for all players, enhancing accessibility during uncertain economic times [1] - The company is implementing various promotional offers to attract customers, including discounted game play and affordable food and beverage options [1][2] Promotions and Offers - **Half-Off Golf**: 50% discount on golf from Monday to Thursday during summer, starting June 9, applicable at all U.S. venues except Myrtle Beach [2] - **Sunday Funday**: Family-friendly game play priced between $30-$40 per hour, with special food offerings like the Funday Faves Platter [3] - **Topgolf Nights**: Game play available for $30-$40 per hour from 10 p.m. to close on Fridays and Saturdays [4] - **Summer Fun Pass**: An all-access pass for $250 allowing unlimited game play for the passholder and five friends, with additional discounts on food and beverages [5] Menu and Experience Enhancements - Introduction of summer-themed menu items, including frozen cocktails and novelty cold treats, with market-dependent pricing for beers and margaritas [6] - A new in-venue experience inspired by Marvel Studios' "The Fantastic Four," available from June 30 to September 15, offering a free treat for groups [7] Advertising and Brand Positioning - Launch of the "You're Better Off at Topgolf" advertising campaign on June 9, emphasizing the balance of value and premium experiences [8][9] - Topgolf positions itself as a leader in modern golf entertainment, leveraging technology and a diverse range of offerings to attract a wide audience [11][12]
TruGolf to Participate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Conference Presented by Maxim Group LLC on Wednesday, June 4th at 3:00 PM EDT - (Updated)
Globenewswire· 2025-06-04 02:55
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]
TruGolf to Paricipate in the “2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow” Conference Presented by Maxim Group LLC on Wednesday, June 4th at 3:00 PM EDT
Globenewswire· 2025-06-03 22:58
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]
Acushnet Holdings: Short-Term And Long-Term Issues Remain
Seeking Alpha· 2025-06-03 21:35
Group 1 - Acushnet Holdings (NYSE: GOLF), owner of the Titleist brand, is being revisited for investment potential due to its strong brand presence in the golf industry [1] - The company is recognized for its appreciation in the golf sector, indicating a positive outlook for its market position [1] Group 2 - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow generation as a key metric for value and growth prospects [2] - Subscribers have access to a comprehensive stock model account and in-depth cash flow analyses of exploration and production (E&P) firms, enhancing investment decision-making [2]
TruGolf Announces Listing Extension from Nasdaq
Globenewswire· 2025-06-02 12:30
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].