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AcquisitionsMay 28, 2026, 06:07 AM

Transglobal Management Group acquires Continuum Software for 50.6M shares

AI Summary

Transglobal Management Group, Inc. (TMGI) completed the acquisition of Continuum Software Technologies, Inc. (CSTI) on March 20, 2026. TMGI acquired all outstanding shares of CSTI in exchange for 50,645,000 shares of TMGI common stock. CSTI offers a cloud-based golf management software platform, which TMGI intends to market to large golf operators in the U.S. The issuance of shares was exempt from SEC registration, and the transaction is intended to be a tax-free reorganization.

Key Highlights

  • Transglobal Management Group, Inc. acquired Continuum Software Technologies, Inc. (CSTI).
  • The acquisition was completed on March 20, 2026.
  • TMGI issued 50,645,000 shares of its common stock to CSTI shareholders.
  • CSTI provides a cloud-based, all-in-one golf management software platform.
  • TMGI plans to market CSTI's technology to large golf operators in the United States.
  • The transaction is intended to qualify as a tax-free reorganization.