TruGolf completes Polymath Research buy, adds regulated-asset blockchain
TruGolf has closed its purchase of Polymath Research, making the blockchain infrastructure company a wholly owned unit. Polymath's former investors received Class A common shares and non-voting Series C preferred shares. A separate warrant exercise generated $2.95 million in net proceeds, and the company appointed Natalie Hirsch as CFO and COO while adding David Hackett to its board.
[paragraphs]
[paragraph] Need ensure no extra. Plain text. No markdown? Fine. Need maybe "EXPANDED:" then two paragraphs. Could separate by blank line. That's okay. Under 120 total. We have 110. Need maybe "Dec. 31, 2025" okay. "Oct. 8" no year? Source says October 8, 2026? Actually source says On October 8, warrant holders... In Rhea summary says October 8, 2026 warrant exercise? Wait source: "On October 8, warrant holders exercised warrants..." It doesn't specify year in full article? It says "On October 8, warrant holders..." In positive point: "$2.95 million net proceeds from the October 8, 2026 warrant exercise adds cash." So year 2026. We can say "An Oct. 8 warrant exercise" but maybe should include 2026? It's from material. But if no year, okay. Maybe "An Oct. 8, 2026 warrant exercise..." Count +1. Still under 120? 111. Fine. But source says October 8, 2026 in positive point. Use "Oct. 8, 2026" maybe. Let's update count: An1 Oct.2 8,3 20264 warrant5 exercise6 generated7 $2.958 million9 net