TruGolf Links Announces Financing Initiatives for Franchisees
News related to:TruGolf Links Franchising, LLC · 2 min read
TruGolf Links Franchising, LLC, a leading provider of golf simulator software and hardware, has announced new initiatives aimed at providing financing opportunities for its franchisees. The company, owned by TruGolf Holdings, Inc. (Nasdaq: TRUG), is partnering with Polymath Research Inc., a privately held Canadian technology company focused on the issuance, compliance, and lifecycle management of regulated digital securities and other tokenized financial instruments.
According to Dr. Ben Litalien, Chief Development Officer for TruGolf Links Franchising, a chronic issue in franchising is financing. "The funding for this plan will come from a tokenized offering on the Polymath platform. This will create a critical bridge for franchisee candidates as they plan for opening a TruGolf Links franchise."
Matt Andelman, Head of Business Development at Polymath, expressed excitement about the initiatives.
TruGolf Links Franchising offers both individual franchise and regional developer opportunities. Regional Developers acquire exclusive territories, open a flagship location, and develop additional units either through ownership or franchising. This model allows strong local operators to scale entire markets while providing localized support to franchisees.
The initiatives are part of a broader strategy to support franchise candidates.
These initiatives highlight the strong synergies between TruGolf and Polymath. The teams expect to have these initiatives in place by the first quarter of next year, assuming the completion of the Polymath acquisition. The acquisition is expected to close by the end of the fourth quarter of 2026, subject to the satisfaction or waiver of customary closing conditions.
Andrew Johnson, Vice President of Franchising for TruGolf Links, is optimistic about the future.
The press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, including Section 27A of the 1933 Act, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on current expectations, assumptions, and estimates of management as of the date of this press release and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or developments to differ materially from those expressed or implied by such forward-looking statements.