TruGolf to go public via a SPAC merger with Deep Medicine Acquisition in a $125m deal.

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.