---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-21-001489"
form_type: "8-K"
ticker: "GROW"
cik: "0000754811"
company_name: "U S GLOBAL INVESTORS INC"
filed_at: "2021-10-18T23:59:59+00:00"
generated_at: "2026-06-28T20:23:15.533398+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# U.S. Global Investors restates March 2021 financials; net income down $5.6M, EPS cut $0.37

## Summary
- Restatement due to fair value errors on HIVE convertible debentures and warrants; securities value increased $5.8M, net income decreased $5.6M.
- Basic and diluted EPS decreased by $0.37 for three and nine months ended March 31, 2021.
- Material weakness identified in internal controls over valuation of complex investments; remediation in progress.
- Nasdaq deficiency letter received for late Form 10-K filing; compliance plan due December 17, 2021.
- Operating revenue and cash flow unchanged; company previously raised dividend by 50%.

## SEC filing metadata
- accession: 0001185185-21-001489
- form_type: 8-K
- ticker: GROW
- cik: 0000754811
- company_name: U S GLOBAL INVESTORS INC
- filed_at: 2021-10-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/754811/000118518521001489/0001185185-21-001489-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/754811/000118518521001489/usglobal20211018_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-21-001489
- JSON: https://secwatch.observer/filing/0001185185-21-001489.json
- Plain text: https://secwatch.observer/filing/0001185185-21-001489.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.