secwatch.observer — SEC 8-K summary
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Issuer:     Marygold Companies, Inc. (MGLD)
CIK:        0001005101
Form:       8-K/A
Filed at:   2022-06-21T23:59:59+00:00
Accession:  0001437749-22-015375
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marygold completes Tiger Financial acquisition for £2.4M (~$3.0M); expands UK presence
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- Aggregate purchase price £2,363,977 (~US$2,978,611), paid in three installments.
- First installment ~$1.7M at closing; remaining ~$1.3M due Dec 2022 and Dec 2023.
- Tiger has £42M (~$53M) assets under advice; founder Keith Halford stays on.
- CEO expects acquisition to be immediately accretive; Marygold mobile app planned for US launch later in 2022.
- Acquisition gives Marygold & Co. UK regulatory license to expand advice services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005101/000143774922015375/0001437749-22-015375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005101/000143774922015375/mgld20220613_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-015375

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer