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Transglobal Management Group, Inc. (TMGI) Strengthens Leadership and Board in Preparation for Uplisting
Globenewswire· 2026-03-26 11:30
SCOTTSDALE, Ariz., March 26, 2026 (GLOBE NEWSWIRE) -- Transglobal Management Group, Inc. (“TMGI” or the “Company”) (OTCID: TMGI) today announced key executive appointments and a restructuring of its Board of Directors as part of its strategic initiative to pursue an uplisting to the OTCQB Market. Jeff Foster, Chairman of TMGI, stated: “As we prepare for our anticipated transition to the OTCQB, we have implemented several strategic leadership enhancements. We are pleased to appoint seasoned financial executi ...
Who is Kal Somani? US-based entrepreneur behind Rajasthan Royals’ new ownership
The Economic Times· 2026-03-24 18:15
Who is Kal Somani?Somani is a co-owner of the Motor City Golf Club, a Detroit-based golf team set to join Tomorrow's Golf League (TGL) in 2027, which has been co-founded by Tiger Woods and Rory McIlroy in partnership with the PGA Tour. Somani is also said to be an early investor in the TGL.Live EventsSomani, a Scottsdale-based entrepreneur with more than 15 years of experience in artificial intelligence, ed-tech, and data privacy, has built a strong reputation in the technology sector. As the founder of Int ...
TruGolf Reports Redomestication to Nevada
Globenewswire· 2026-03-11 13:00
Core Viewpoint - TruGolf Holdings, Inc. has successfully redomesticated from Delaware to Nevada, a move approved by stockholders during the annual meeting on February 17, 2026 [1]. Group 1: Redomestication Process - The redomestication was executed through a plan of conversion that required filings with both Delaware and Nevada state authorities, including a certificate of conversion and articles of incorporation [2]. - As of March 11, 2026, the company's domicile has officially transferred to Nevada, with internal affairs now governed by Nevada state laws [3]. - The existing certificate of incorporation and bylaws have been replaced by Nevada governing documents [3]. Group 2: Impact on Operations - The redomestication will not affect the company's business operations, management, properties, office locations, employee count, or financial position, aside from costs associated with the conversion process [4]. - Material contracts with third parties will remain unaffected, and all rights and obligations will continue unchanged [4]. Group 3: Share Conversion Details - Each outstanding share converted on a one-to-one basis across all share classes, with Class A and Class B common stock, along with Series A preferred stock, automatically converted to equivalent Nevada corporation shares with the same $0.0001 par value [5]. - Details of the conversion plan were outlined in the company's proxy statement filed with the Securities and Exchange Commission on January 26, 2026 [5]. Group 4: 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 [6]. - The company aims to grow the game of golf by making it more available, approachable, and affordable through technology [6]. - TruGolf has developed award-winning video games, innovative hardware solutions, and an e-sports platform to connect golfers globally [6].
Newton Golf Sets Fourth Quarter 2025 Conference Call for Tuesday, March 31, 2026 at 4:30 p.m. ET
Businesswire· 2026-03-11 12:31
Newton Golf Sets Fourth Quarter 2025 Conference Call for Tuesday, March 31, 2026 at 4:30 p.m. ETMar 11, 2026 8:31 AM Eastern Daylight Time# Newton Golf Sets Fourth Quarter 2025 Conference Call for Tuesday, March 31, 2026 at 4:30 p.m. ETShare---CAMARILLO, Calif.--(BUSINESS WIRE)--Newton Golf Company, Inc. (NASDAQ: NWTG) a technology-forward golf equipment innovator applying physics-driven engineering to golf performance, will hold a conference call on Tuesday, March 31, 2026 at 4:30 p.m. Eastern time to disc ...
Newton Golf to Attend the 38th Annual ROTH Conference, March 22-24, 2026, and Sponsor Golf Tournament on March 22
Businesswire· 2026-03-02 13:31
may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.## ContactsCompany Contact: Jeff Clayborne CFO and COO Tel (855) 563-9866 [Email Contact]Investor Relations Contact: Ron Both or Grant Stude Encore Investor Relations Tel (949) 432-7557 [Email Contact]Media Contact: Beth Gast BG Public Relations Tel (503) 702- 4405 [Email Contact]Industry:- [Retail]- [Manufacturing]- [Technology]- [Specialty]- [Hardwa ...
Golf Entertainment Group Inc. Announces Upgrade to OTCQX Best Market
Businesswire· 2026-02-19 13:40
Core Viewpoint - Golf Entertainment Group Inc. has announced its upgrade to the OTCQX Best Market, effective February 19, 2026, enhancing its trading status from the OTCQB Venture Market [1]. Company Overview - Golf Entertainment Group Inc. is a prominent owner and operator of golf-related leisure and entertainment businesses, focusing on modern competitive socializing [1]. - The company operates three brands across the United States: American Golf, Drive Shack, and Puttery [1]. Brand Details - **American Golf**: Manages a diverse portfolio of 42 golf courses and country clubs, operating a mix of owned, leased, and managed clubs across various categories [1]. - **Drive Shack**: A technology-driven golf entertainment brand featuring TrackMan powered hitting bays and elevated food and beverage offerings, with four venues in Florida, North Carolina, and Virginia [1]. - **Puttery**: Provides a modern mini golf experience with immersive course design and premium hospitality, serving corporate events and social gatherings in ten major US markets [1]. Financial Disclosure - Current financial disclosures and quotes for Golf Entertainment Group Inc. can be found on the OTC Markets website and the company's investor relations page [1].
Newton Golf Appoints John Bode to Board of Directors
Businesswire· 2026-02-17 13:31
Newton Golf Appoints John Bode to Board of DirectorsFeb 17, 2026 8:31 AM Eastern Standard Time# Newton Golf Appoints John Bode to Board of DirectorsShare---CAMARILLO, Calif.--([BUSINESS WIRE])--Newton Golf Company (NASDAQ: NWTG), a technology-forward golf equipment innovator applying physics-driven engineering to golf performance, has appointed [John Bode] to its board of directors. The appointment increases the board to five members, with three serving as independent directors.Newton Golf Appoints John Bod ...
TruGolf Stock Repurchase Activity
Globenewswire· 2026-02-10 13:00
Core Insights - TruGolf Holdings Inc. has repurchased 423,402 shares of its Class A common stock under a $2 million stock repurchase program, with an average purchase price of $0.7552 per share, leaving approximately $1.67 million available for further repurchases [1] - The CEO of TruGolf expressed optimism about the company's future prospects following a strong performance at the January PGA show and highlighted the potential of its revamped product lineup [2] - TruGolf is expected to release its 2025 financial results in March 2026 [2] Company Overview - TruGolf has been a key player in the golf industry since 1983, focusing on innovative indoor golf solutions and aiming to make golf more accessible through technology [4] - The company's mission is to grow the game of golf by making it more available, approachable, and affordable, believing that golf is for everyone [4] - TruGolf has developed award-winning video games, innovative hardware solutions, and a new e-sports platform to connect golfers globally [4]
PGA Tour unleashes AI revolution with AWS to transform golf viewing experience for fans worldwide
Fox Business· 2026-01-18 20:16
Core Insights - The PGA Tour has enhanced its partnership with Amazon Web Services (AWS) to modernize operations and improve production capabilities using AWS AI infrastructure [1][4][7] Group 1: Partnership Development - The PGA Tour and AWS have been collaborating since 2021, with AWS serving as the official cloud provider and AI partner for the Tour [10] - The expanded partnership aims to transform how golf content is created, distributed, and experienced globally [4][7] Group 2: New Features and Enhancements - A "favorite players hub" will be introduced on the Tour's app and website, allowing fans to track their favorite players' stats and storylines [4] - Real-time shot-by-shot commentary will be provided throughout the season, along with enhanced graphics and statistics for the Tour's "World Feed" [5][7] Group 3: Vision and Future - The PGA Tour aims to connect fans with players, events, and content more effectively, leveraging AWS's vision for personalized sports experiences [7][8] - AWS's commitment to supporting golf is further reinforced by its partnership with the DP World Tour, which also named AWS as its official cloud provider in 2025 [10]
Transglobal Management Group, Inc. Reports Strong Year-End Performance by Wholly Owned Subsidiary Stand-By Golf
Globenewswire· 2026-01-06 14:12
Core Insights - Transglobal Management Group, Inc. announced strong financial results for its subsidiary, Stand-By Golf, for the year ended December 31, 2025, highlighting a gross revenue of $1.3 million and a net profit of $300 thousand, with year-over-year increases of 10% and 22% respectively [3][4] Company Overview - Stand-By Golf has been operating for over 37 years and serves three major golf markets: Palm Springs, California; Phoenix/Scottsdale, Arizona; and Las Vegas, Nevada [2][5] - The company specializes in discounted tee-time access, offering savings of 20% to 60% on premium courses, with flexible booking options available [2][5] Financial Performance - For the year ended December 31, 2025, Stand-By Golf reported a gross revenue of $1.3 million, reflecting a 10% increase from the previous year [3] - The net profit for the same period was $300 thousand, which represents a 22% increase year-over-year [3] Strategic Outlook - The Chairman and CEO of TMGI expressed confidence in Stand-By Golf's performance post-acquisition, noting its long operating history and loyal customer base [4] - The company sees opportunities to enhance margins and expand its reach through operational efficiencies, technology integration, and targeted marketing initiatives [4] - Stand-By Golf is expected to play a crucial role in TMGI's strategy of building scalable businesses with recurring revenue characteristics [4]