other material
confidence high
sentiment positive
materiality 0.70
The Marygold Companies raises $3.8M in upsized offering, uplists to NYSE American
Marygold Companies, Inc.
- Gross proceeds of $3.795M from 1,897,500 shares at $2.00/share; underwriter discount 7%.
- Over-allotment option fully exercised: 247,500 additional shares sold.
- Ticker changed to MGLD; uplisted to NYSE American from OTC Pink on March 10, 2022.
- Issued underwriter's warrants for 82,500 shares at $2.40/share, exercisable Sept 14, 2022 to March 14, 2027.
- Name change to The Marygold Companies, Inc.; former ticker CNCG.