TruGolf Completes Polymath Research Acquisition to Integrate Blockchain

Key Facts

1TruGolf completed the acquisition of Polymath Research, the creator of the Polymesh Layer-1 blockchain.

2Natalie Hirsch has been named CFO and COO of the combined entity.

3The company strengthened its cash position by $2.95 million through a warrant exercise.

TruGolf completed the acquisition of Polymath Research, the creator of the Polymesh Layer-1 blockchain designed for regulated assets. According to GlobeNewswire, the company named Natalie Hirsch as Chief Financial Officer and Chief Operating Officer of the combined entity, while also strengthening its cash position by $2.95 million through the exercise of warrants.

TRUG closed at $2.56 on October 8, 2026, with the stock trading between a day low of $2.56 and a high of $2.83 during that session. The acquisition aims to bring purpose-built blockchain capabilities to the Nasdaq-listed firm, leveraging the Polymesh ecosystem which is secured by licensed financial institutions acting as node operators.