TruGolf Builds on PGA Show Momentum, Announces Major Q1 2026 Launch with D3 Sports Tech

Rhea-AI Summary

TruGolf (NASDAQ: TRUG) announced a planned Q1 2026 platform launch with D3 Sports Tech to integrate D3’s Digital Wallet Services into TruGolf’s leagues, contests, and competitive platforms.

The integration aims to enable secure, compliant real-money competition globally and follows TruGolf’s prominent TruGolf RANGE debut at the January PGA Show.

News Market Reaction – TRUG

+0.36% 92.9x vol

33 alerts

+0.36% News Effect

+40.5% Peak Tracked

-17.5% Trough Tracked

+$16K Valuation Impact

$4M Market Cap

92.9x Rel. Volume

On the day this news was published, TRUG gained 0.36%, reflecting a mild positive market reaction. Argus tracked a peak move of +40.5% during that session. Argus tracked a trough of -17.5% from its starting point during tracking. Our momentum scanner triggered 33 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $16K to the company's valuation, bringing the market cap to $4M at that time. Trading volume was exceptionally heavy at 92.9x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Shelf capacity: $200,000,000 Shares repurchased: 249,000 shares Buyback authorization: $2.0 million +5 more

8 metrics

Shelf capacity $200,000,000 Universal S-3 shelf filed Nov 17, 2025

Shares repurchased 249,000 shares Buyback progress as of Jan 31, 2026

Buyback authorization $2.0 million Total stock repurchase authorization

Buyback remaining $1.78 million Authorization still available for repurchases

Cash balance $11.4M Unrestricted cash at Q3 2025

Total liabilities $16.7M Liabilities at Q3 2025

Q3 2025 revenue $4.11M Vs. $6.24M a year earlier

Q3 2025 net loss $(7.28)M Driven by $6.14M non-cash loss on debt extinguishment

Market Reality Check

Price: $0.7500 Vol: Volume 172,345 is below t...

normal vol

$0.7500 Last Close

Volume Volume 172,345 is below the 20-day average of 230,388 (about 0.75x typical activity). normal

Technical Shares at $0.5821 are trading well below the 200-day MA of $4.89 and sit just 1.15% above the 52-week low, and 98.27% below the 52-week high.

Peers on Argus

TRUG fell 8.62% while peers were mixed: GXAI showed double-digit declines in mom...

1 Down

TRUG fell 8.62% while peers were mixed: GXAI showed double-digit declines in momentum data, BHAT and GIGM were up, and MSGM and TBH were down modestly. With only 1 peer in the momentum scanner and no consistent direction across the group, the move appears stock-specific rather than sector-driven.

Historical Context

5 past events · Latest: Jan 20 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 20	Franchise expansion	Positive	-3.4%	Named new regional developer and outlined up to 70 Chicagoland locations.
Jan 13	Product & buyback	Positive	-13.9%	Previewed TruGolf RANGE at PGA Show and disclosed open-market share repurchases.
Nov 20	Broadcast tech win	Positive	-11.4%	Core software powered Sky Sports’ coverage of The Open Championship.
Nov 17	Q3 2025 earnings	Neutral	+10.2%	Reported Q3 results with higher margins, improved equity, but lower revenue and loss.
Nov 05	Range launch news	Positive	+4.4%	Announced TruGolf Range indoor platform tied to 2026 PGA Show debut.

Pattern Detected

Recent history shows multiple positive commercial or partnership announcements followed by negative next-day price moves, with only one clearly positive alignment on product news and a mixed reaction to earnings.

Recent Company History

Over the last several months, TruGolf has focused on product innovation, brand visibility, and balance-sheet repair. Announcements around TruGolf RANGE, major events like the 2026 PGA Show, and high-profile software deployments (e.g., powering Sky Sports’ Open Championship coverage) often coincided with next-day share price declines. Q3 2025 results on Nov 17, 2025 showed improved equity and liquidity despite lower revenue and a larger loss. Today’s D3 Sports Tech wallet integration and real-money competition plans extend that strategy of blending golf technology with monetization infrastructure.

Regulatory & Risk Context

Active S-3 Shelf · $200,000,000

Shelf Active

Active S-3 Shelf Registration 2025-11-17

$200,000,000 registered capacity

An effective S-3 shelf filed on Nov 17, 2025 allows TruGolf to offer up to $200,000,000 in various securities over time. The filing notes one‑third public float limits for actual sales, and shelf usage to date is 0 registered takedowns. This structure provides flexibility for future capital raising but also represents potential dilution if utilized.

Market Pulse Summary

This announcement extends TruGolf’s strategy of blending golf technology with financial infrastructu...

Analysis

This announcement extends TruGolf’s strategy of blending golf technology with financial infrastructure by integrating D3’s digital wallet to power real-money competition across its platforms starting in Q1 2026. It builds on recent launches like TruGolf RANGE and prior visibility at the PGA Show. In parallel, investors face an effective $200,000,000 shelf, active buybacks, and proxy proposals to expand authorized shares, all against a backdrop of declining recent revenue and sizable net losses.

Key Terms

digital wallet services, identity verification, regulatory compliance, real-money competition

4 terms

digital wallet services financial

"the integration of D3 Sports Tech’s Digital Wallet Services directly into the TruGolf ecosystem"

Digital wallet services are software platforms that let people store and use payment methods, digital IDs and sometimes cryptocurrencies on a phone or computer to make purchases, send money, or prove identity without physical cards. They matter to investors because widespread use can drive transaction volume, fee income and customer loyalty, while poor security or low adoption can reduce revenue and increase operational and reputational risk—think of a combined bank account and keychain for everyday digital payments.

identity verification technical

"Streamlined account creation and onboardingIdentity verification and regulatory compliance"

Identity verification is the process companies use to confirm that a person is who they claim to be, typically by checking IDs, biometric data, or trusted databases. For investors, it matters because effective verification reduces fraud and legal risk, speeds customer onboarding, and protects a firm's reputation—much like a bouncer checking IDs at a club to keep the place safe and compliant with rules.

regulatory compliance regulatory

"Identity verification and regulatory complianceSecure deposits and withdrawals"

Regulatory compliance is the process of ensuring that a company follows all applicable laws, rules, and standards set by government authorities or industry bodies. It is important to investors because it helps prevent legal penalties, financial losses, and reputational damage, contributing to the overall stability and trustworthiness of a business. Think of it as following the rules of a game to play fairly and avoid penalties.

real-money competition financial

"enable real-money competition on a global scale, unlocking new opportunities"

A real-money competition is a contest or platform where participants risk or win actual cash rather than play money or prizes that have no cash value. For investors, it matters because such contests can drive user engagement and revenue like a paid event, but they also bring regulatory scrutiny and higher financial risk—think of it as the difference between a free arcade game and a poker table where real bets change the business and legal stakes.

AI-generated analysis. Not financial advice.

SALT LAKE CITY, UT, Feb. 04, 2026 (GLOBE NEWSWIRE) -- TruGolf Holdings Inc. (NASDAQ: TRUG), Fresh off a standout showing at the January PGA Golf Show, TruGolf is accelerating into its next chapter of innovation, announcing a major upcoming platform launch in Q1 2026 in collaboration with D3 Sports Tech (D3ST).

At the PGA Show, TruGolf captured industry-wide attention with the debut of the TruGolf RANGE, a first-of-its-kind experience capable of supporting seven simultaneous players hitting indoors at once. The activation quickly became one of the most talked-about experiences on the show floor, sparking widespread excitement across the golf community.

Now, TruGolf is channeling that momentum into its next major milestone: the integration of D3 Sports Tech’s Digital Wallet Services directly into the TruGolf ecosystem—representing a significant step forward in the company’s mission to unify indoor and outdoor competitive golf experiences worldwide.

This upcoming launch builds upon TruGolf’s previously announced strategic collaboration with D3 Sports Tech, revealed one year ago, to integrate D3’s secure and compliant digital wallet infrastructure across TruGolf’s leagues, contests, and competitive platforms. Once live, the integration will enable real-money competition on a global scale, unlocking new opportunities for players, operators, and partners alike.

By embedding D3’s Digital Wallet Services into its platform, TruGolf will deliver a seamless, end-to-end competitive experience, including:

• Streamlined account creation and onboarding
• Identity verification and regulatory compliance
• Secure deposits and withdrawals
• Real-money prize fulfillment
• A globally scalable infrastructure designed for modern competitive play
  

“This integration represents a major evolution for competitive golf,” said Nate Larsen, CXO at TruGolf. “The excitement we saw around the TruGolf RANGE at the PGA Show confirmed what we’ve always believed—players are hungry for immersive, social, and competitive experiences. Partnering with D3 Sports Tech allows us to take that energy even further by enabling secure, compliant real-money competition across our platform, anywhere in the world.”

The Q1 2026 launch will further solidify TruGolf’s position at the intersection of golf, gaming, and technology, bringing together physical play, digital competition, and financial infrastructure into a single, unified experience.

More details on the upcoming launch with D3 Sports Tech will be shared in the coming months.

Disclaimer on Forward Looking Statements

This news release contains certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements that are not of historical fact constitute “forward-looking statements” and accordingly, involve estimates, assumptions, forecasts, judgements and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company has attempted to identify forward-looking statements by terminology including ''believes,'' ''estimates,'' ''anticipates,'' ''expects,'' ''plans,'' ''projects,'' ''intends,'' ''potential,'' ''may,'' ''could,'' ''might,'' ''will,'' ''should,'' ''approximately'' or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors. Any forward-looking statements contained in this release speak only as of its date. The Company undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's Annual Report on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the SEC, which are available on the SEC's website, www.sec.gov

About TruGolf:

Since 1983, TruGolf has been passionate about driving the golf industry with innovative indoor golf solutions. TruGolf builds products that capture the spirit of golf. TruGolf's mission is to help grow the game by attempting to make it more Available, Approachable, and Affordable through technology - because TruGolf believes Golf is for Everyone. TruGolf's team has built award-winning video games ("Links"), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT. Since TruGolf's beginning, TruGolf has continued to attempt to define and redefine what is possible with golf technology.

About D3 Sports Tech:

D3 Sports Tech (D3ST) is a B2B sports technology company specializing in real-money fan engagement and competitive play. Since its founding in 2018, D3ST has focused on building compliant, scalable infrastructure that enables players to compete, engage, and play for meaningful outcomes. The company first gained traction in golf, developing advanced technology for skill-based wagering and interactive fan experiences.

Contact:	Michael Bacal
	mbacal@darrowir.com
	917-886-9071

FAQ

What is TruGolf (TRUG) launching with D3 Sports Tech in Q1 2026?

TruGolf is launching an integrated digital wallet platform to enable real-money competition. According to the company, the integration embeds D3’s wallet services for deposits, withdrawals, identity verification, and prize fulfillment across TruGolf’s competitive platforms.

How will the D3 Sports Tech integration affect TruGolf (TRUG) players and operators?

Players and operators will gain access to secure, compliant real-money competition features. According to the company, the integration provides streamlined account onboarding, regulatory identity checks, and globally scalable payment infrastructure for contests and leagues.

When did TruGolf (TRUG) first showcase the TruGolf RANGE that preceded this announcement?

TruGolf debuted the TruGolf RANGE at the January PGA Show, drawing significant industry attention. According to the company, the RANGE supports seven simultaneous indoor players and drove momentum toward the Q1 2026 platform launch with D3 Sports Tech.

What specific wallet capabilities will TruGolf (TRUG) offer after the Q1 2026 launch?

The platform will offer deposits, withdrawals, identity verification, and prize fulfillment via D3’s services. According to the company, these features aim to create an end-to-end, compliant real-money competitive experience worldwide.

Will the TruGolf (TRUG) and D3 Sports Tech launch allow global real-money contests immediately?

The company says the integration is designed for global scalability but did not confirm immediate availability in every market. According to the company, details and timelines for market rollouts will be shared in coming months.