 CARLSBAD, Calif., Sept. 20, 2021 PRNewswire -- Callaway Golf Company the Company or Callaway NYSE: ELY announced today the closing of its previously announced underwritten public offering of 4,600,000 shares of its common stock, which includes the full exercise by the underwriters of their option to purchase up to 600,000 additional shares of common stock, at a public offering price of 29.25 per share, before deducting underwriting discounts and commissions, all of which were sold by PEP TG Investments LP. 