Marygold Companies (MGLD) Secures $4.38 Million Private Placement

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The Marygold Companies Secures Private Placement to Finance Next-Stage Rollout Initiatives for Recently Developed Fintech Product

September 24, 2024 4:05 PM EDT

-Company Enters Note Purchase Agreement for up to $6.56 Million-

SAN CLEMENTE, Calif.--(BUSINESS WIRE)-- The Marygold Companies, Inc. ("TMC" or the "Company") (NYSE American: MGLD), a diversified global holding firm, today announced it has secured $4.38 million in funding as part of a $6.56 million total private placement with Streeterville Capital, LLC, an institutional investment firm, through the sale of the Companys secured promissory note.

Net proceeds will be used exclusively to implement next-stage initiatives for the Companys Marygold & Co. project, including initial marketing of its recently... More