TruGolf amends Polymath deal and sets Series C preferred at $140M
TruGolf advanced its acquisition of Polymath by signing an amendment that finalizes the preferred equity consideration. Series C preferred stock will be issued based on a $140 million reference amount, with a $1,000 stated value per share and a $3.94 conversion price into Class A common stock.
TruGolf moved forward with its Polymath acquisition by signing an amendment that finalizes the preferred equity consideration. 94 conversion price into Class A common stock.