Marygold Companies Inc. prices underwritten public offering of 2.05 million shares at $1.10 per share

From Nasdaq: 2025-01-26 21:26:16

Marygold Companies Inc. (MGLD) has priced an underwritten public offering of 2.05 million shares of common stock at $1.10 per share. The company expects to raise approximately $2.26 million from the offering, before deducting expenses. The offering is set to close on or about January 28, 2025, subject to closing conditions. Additionally, Marygold has granted underwriters a 45-day option to purchase up to 307,500 additional shares at the same price. Maxim Group LLC is the sole book-running manager for the offering. The company plans to use the proceeds to retire debt, contribute to subsidiaries, and for general corporate purposes.



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