---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-268334"
form_type: "8-K"
ticker: "CALY"
cik: "0000837465"
company_name: "Callaway Golf Co"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:40:07.544763+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Topgolf Callaway acquires BigShots Golf for ~$29M; strengthens off-course golf leadership

## Summary
- Acquired BigShots Golf from Invited for ~$29M; includes 1 owned venue, 3 franchise venues, and development rights.
- Entered preferred vendor agreement for Topgolf Callaway products at Invited's 140+ golf and country clubs.
- Acquisition expected nominally accretive in first year; CEO says price equivalent to one Topgolf venue.
- Option to convert franchise venues to Toptracer technology; expands future venue pipeline.

## SEC filing metadata
- accession: 0001193125-23-268334
- form_type: 8-K
- ticker: CALY
- cik: 0000837465
- company_name: Callaway Golf Co
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837465/000119312523268334/0001193125-23-268334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837465/000119312523268334/d543017d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-268334
- JSON: https://secwatch.observer/filing/0001193125-23-268334.json
- Plain text: https://secwatch.observer/filing/0001193125-23-268334.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.