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The Marygold Companies, Inc. Announces Closing of Previously Announced Underwritten Public Offering

1. Marygold raised $2.25 million from a public offering of 2.05 million shares. 2. Shares sold at $1.10 each, enhancing the company's financial position. 3. Maxim Group LLC acted as the sole book-running manager for the offering. 4. The offering was made under an effective shelf registration statement. 5. The funds will be used to support various company operations and subsidiaries.

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FAQ

Why Bullish?

The successful capital raise improves liquidity and can support growth. Similar past offerings have generally provided a positive impact on stock prices.

How important is it?

The offering indicates financial health and growth potential, likely influencing investor perceptions.

Why Short Term?

Immediate increase in capital can drive short-term investor confidence. Historically, such offerings result in initial price boosts.

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MGLDMAXM
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC” or the “Company”), (NYSE American: MGLD), a diversified global holding company, today announced the closing of its previously announced underwritten public offering of 2,050,000 shares of its common stock at a public offering price of $1.10 per share. The gross proceeds from the offering to Marygold were approximately $2,255,000, before deducting underwriting discounts and commissions and other offering expenses. Maxim Group LLC acted as sole book-running manager for the offering. The public offering was made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-283898), previously filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 18, 2024, and declared effective on December 27, 2024. The shares of common stock were offered only by means of a prospectus and prospectus supplement that form part of the effective registration statement. A final prospectus supplement describing the terms of the public offering was filed with the SEC and is available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement and accompanying prospectus relating to the public offering may also be obtained by contacting Maxim Group LLC, 300 Park Avenue, New York, NY 10022, or by telephone at (212) 895-3745. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. About The Marygold Companies, Inc. The Marygold Companies was founded in 1996 and repositioned as a global holding firm in 2015. The Company currently has operating subsidiaries in financial services, food manufacturing, printing, security systems and beauty products, under the trade names USCF Investments, Marygold & Co., Marygold & Co. Limited, Step By Step Financial Planners, Gourmet Foods, Printstock Products, Brigadier Security Systems and Original Sprout, respectively. Offices and manufacturing operations are in the U.S., New Zealand, U.K., and Canada. For more information, visit www.themarygoldcompanies.com. Forward Looking Statement This press release contains forward-looking statements that are based on the Company’s beliefs and assumptions and on information currently available to the Company on the date of this press release. These forward-looking statements involve substantial risks and uncertainties. Any statements in this press release other than statements of historical fact, including statements about the Company’s future expectations, plans and prospects, constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include any statements about the Company’s strategy, operations and future expectations and plans and prospects for the Company, and any other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “goal,” “may,” “might,” “plan,” “predict,” “project,” “seek,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar expressions. Such forward-looking statements involve substantial risks and uncertainties that could cause the Company’s financial and operating results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements, including the factors discussed in the “Risk Factors” section contained in the quarterly and annual reports that the Company files with the Securities and Exchange Commission. Any forward-looking statement represents the Company’s views only as of the date of this press release. The Company anticipates that subsequent events and developments may cause its views to change. While the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so except as required by law even if new information becomes available in the future.

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