Announced
Financials
Tags
De-SPAC
Reverse Takeover
Majority
Single Bidder
Pending
United States
golf simulator manufacturer
Recreational Products
Acquisition
Merger
Domestic
Friendly
Private
Synopsis
TruGolf, a golf simulator manufacturer and distributor to go public via a SPAC merger with Deep Medicine Acquisition, a publicly traded special purpose acquisition company, in a $125m deal. “We are very grateful to the team at DMAQ for not only grasping our long-term vision and stepping in with significant resources to position the Company for continued growth, but also leveraging an impressive global network to help with expansion on a global scale. We have been building this industry with some great partners for so long that we couldn’t be happier to see the adoption of exclusive indoor rounds of golf now exceeding the exclusive outdoor rounds of golf. The future of golf is indoors, and we are uniquely positioned to convert this industry-wide momentum into a movement that will capture the hearts and minds of new and experienced golfers around the world,” Chris Jones, TruGolf CEO and Co-Founder.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.