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Stock impact report

TruGolf Launches National Franchising Initiative with Regional Developer Model

TruGolf Holdings, Inc. - Class A (TRUG) 
Company Research Source: GlobeNewswire
Leading Seller and Distributor of Golf Simulator Software and Hardware Launches TruGolf Links Franchising and Aggressive Growth Strategy with Regional Developer Model SALT LAKE CITY, June 04, 2024 (GLOBE NEWSWIRE) -- TruGolf Holdings, Inc. (Nasdaq: TRUG) (“TruGolf”), among the leading sellers and distributors of golf simulator software and hardware, working with Franchise Well, a renowned franchising consultancy firm, has created and launched a global franchise offer through TruGolf Links Franchising, a wholly owned subsidiary committed to building a powerful franchise network of retail golf and gaming locations. The Company’s franchise offer features the Regional Developer Model which allows investors to own a territory with a population of 1 million or more, open and operate a flagship location, and act as the Company’s agent to sell and support independent franchisees in the territory. The Company will compensate the regional developer for their services, creating multiple Show less Read more
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