M&A
confidence high
sentiment neutral
materiality 0.75
A-Mark Precious Metals completes acquisition of Spectrum Group International for $44.7M cash and 1.67M shares
Gold.com, Inc.
- Acquisition closed Feb 28, 2025; each SGI share converted into $17,648.31 cash and 660 A-Mark shares.
- Total cash consideration $44,699,970; aggregate stock consideration 1,671,661 shares of AMRK common stock.
- 66,876 shares of AMRK held back from certain SGI stockholders to satisfy potential indemnification claims.
- Twelfth Amendment to Credit Agreement executed with CIBC Bank; terms to be disclosed in Form 10-Q.