secwatch.observer — SEC 8-K summary
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Issuer:     U S GLOBAL INVESTORS INC (GROW)
CIK:        0000754811
Form:       8-K
Filed at:   2021-11-19T23:59:59+00:00
Accession:  0001185185-21-001706
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U.S. Global restates Q3 FY21 results; gets Nasdaq deficiency for late filings
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- Non-cash adjustments increase assets by ~$5.8M and decrease net income by ~$5.6M for periods ended March 31, 2021.
- Restated Q3 net income was $8.6M ($0.57/diluted share) versus a prior-year loss of $1.6M (-$0.11/share).
- Nasdaq deficiency letter for delinquent Form 10-K (FY June 30, 2021) and Form 10-Q (Sept 30, 2021).
- Must submit compliance plan by Dec 17, 2021; if accepted, extended deadline to April 11, 2022 to regain listing.
- Cash balances unaffected; company expects to file 10-K within a few weeks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/754811/000118518521001706/0001185185-21-001706-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/754811/000118518521001706/usglobal20211118_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-21-001706

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