TruGolf signs distribution MOU with TruGolf Canada Inc.

TruGolf Holdings, Inc. (Nasdaq: TRUG) has entered into a legally binding Memorandum of Understanding with TruGolf Canada Inc., appointing the latter as exclusive master distributor and strategic platform partner within a defined Canadian territory, according to a company statement.

The MOU, which became effective August 25, 2026, covers simulator systems, launch monitors, RANGE by TruGolf systems, and E6 software offerings. TruGolf Canada Inc. will also work with TRU Nations Golf Inc. on Indigenous community engagement and market-development initiatives under separate arrangements.

"TruGolf Canada brings valuable market knowledge, relationships and a strong vision for introducing TruGolf technology to new customers and communities," said Nate Larson, Chief Experience Officer at TruGolf. "We look forward to working together as we move toward a definitive long-term agreement."

Steve Harvey, CEO of TruGolf Canada Inc., said the company aims to build a Canadian market for the full TruGolf product line, noting that the RANGE system has "potential to support a variety of golf environments, including entertainment, instruction and year-round programming."

The parties have agreed to negotiate a definitive long-form agreement within 45 days. The MOU will automatically terminate if a definitive agreement is not executed within 180 days of the effective date, unless extended by mutual written agreement.

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