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]

CAMARILLO, Calif., May 28, 2025 (GLOBE NEWSWIRE) -- via IBN – Newton Golf Company, Inc. (NASDAQ: NWTG), a technology-driven golf shaft manufacturer, today announced that it has received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") confirming that the company has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. The confirmation from Nasdaq follows Newton Golf's filing of i ...

Core Viewpoint - TruGolf Holdings, Inc. is actively working to regain compliance with Nasdaq listing rules after being notified of non-compliance due to negative stockholders' equity of ($10,508,104) [1] Group 1: Compliance Plan - The company presented a plan to the Nasdaq Hearings panel on May 15, 2025, detailing steps to regain compliance and requested an extension to execute the plan [1] - A special meeting of shareholders is scheduled for May 30, 2025, to vote on actions related to the compliance plan [2] - The Hearings panel has not yet made a determination regarding the extension or potential delisting [1] Group 2: Financial Position - TruGolf has a strong cash position exceeding $10 million, which is deemed sufficient for current operating needs [2] - The company has entered into an Equity Line of Credit for $20 million to provide liquidity without reducing shareholder equity if additional funds are needed [7] - Approximately two-thirds of accrued dividends payable owed to the company's founders were converted to common stock [7] Group 3: Company Overview - TruGolf is a leader in golf technology, focusing on innovative uses of AI and gamified golf improvement plans [3] - The company aims to enhance the golfing experience through a suite of hardware, software, and web products [3]

BOULDER, CO, May 16, 2025 (GLOBE NEWSWIRE) -- FST Corp. (Nasdaq: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that, for the fiscal year ended December 31, 2024, the Company had revenue of $36,499,644, a 27 percent increase compared with revenue of $28,730,549 for the fiscal year ended December 31, 2023. The Company had a net loss of $3,235,175, or $(.09) per share, for fiscal 2024, a 49 percent increase compared w ...

Salt Lake City, Utah, May 15, 2025 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (NASDAQ: TRUG), a leading provider of golf simulator software and hardware, announced today its first quarter 2025 results.  The Company reported sales of $5.4 million, up 7.5% compared to 2024 first quarter sales of $5.0 million. Net losses doubled to ($2.6) million for 2025’s first quarter, versus a net loss of ($1.3) million in the 2024 period, driven largely by recognition of interest expenses associated with the conversion of ...

Revenue Surges 246% Year-Over-Year as Newton Motion Shaft Adoption Accelerates Across Major Tours CAMARILLO, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- via IBN – NEWTON GOLF Company (NASDAQ: NWTG) ("Newton Golf" or the "Company"), a technology-forward golf company delivering physics-based performance innovations for players at every level, today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Note: The Q1 2024 per-share figure reflects the pre-uplisting sha ...

Iconic Golf Simulator Company Now Franchising Grants Seasoned Healthcare Entrepreneur Opportunity to Develop Long Island Dr. Ben Litaien CFE, Chief Development Officer at TruGolf Links LONG ISLAND, NY, May 14, 2025 (GLOBE NEWSWIRE) -- TruGolf Links Franchising, LLC (“TruGolf”), wholly owned by TruGolf Holdings, Inc. (Nasdaq: TRUG), the leading provider of golf simulator software and hardware, announced today the signing of its newest franchisee, Giovanni “Gio” Dinsay. With over 27 years of experience in ...

Topgolf Callaway Brands (MODG) Q1 2025 Earnings Call May 12, 2025 05:00 PM ET Company Participants Katina Metzidakis - Vice President of Investor Relations & Corporate CommunicationsChip Brewer - President and CEOArtie Starrs - CEOBrian Lynch - Executive VP, Chief Legal Officer & CFOMichael Swartz - Director - Equity ResearchMegan Clark - Independent Non-Executive DirectorJohn-Paul Wollam - Equity Research AssociateJoe Altobello - Managing Director Conference Call Participants Matt Boss - Equity Research An ...

Group 1: Shareholder Meeting Results - TWC Enterprises Limited held its Annual Shareholders Meeting on May 7, 2025, with 37 shareholders representing 21,047,881 Common Shares, which is 86.36% of the total 24,371,549 issued and outstanding Common Shares [2][3] - All eight nominees proposed by management were elected as Directors of the Corporation, with voting results showing unanimous support for most nominees, except for Samuel J. B. Pollock, who received 98.55% votes in favor [3] - Deloitte LLP was appointed as the auditor of the Corporation, receiving 100% votes in favor, with 21,047,843 votes for and only 38 votes withheld [4] Group 2: Corporate Profile - TWC is the largest owner, operator, and manager of golf clubs in Canada, operating under the trademark "ClubLink One Membership More Golf," with 47 championship golf courses and 2.5 academy courses across 35 locations in Ontario, Quebec, and Florida [5]