Callaway Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Callaway Golf Company Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – ELY

Halper Sadeh LLP, a global investor rights law firm, is investigating whether Callaway Golf Company (NYSE: ELY) and its board of directors violated the federal securities laws and/or breached their
fiduciary duties to shareholders in connection with Callaway’s merger with Topgolf Entertainment Group (“Topgolf”).

Under the terms of the merger agreement, Callaway will issue approximately