TruGolf Holdings, Inc.

Deep Medicine Acquisition Corp. (Nasdaq: DMAQ), a healthcare and medtech-focused blank-check company that completed its IPO in 2021, announced a business combination with TruGolf Holdings, Inc. on December 7, 2023, marking a notable cross-sector pivot from its original medtech mandate toward golf simulation technology. TruGolf, a developer of indoor golf simulation hardware and software, became the operating company following the close of the transaction. The deal represents one of several late-cycle SPAC mergers in which the original industry focus shifted materially ahead of target selection. Visit SpacDesk and sign up for full data, filings, and deal-timeline analytics on DMAQ and thousands of other SPAC transactions.

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