Marygold Companies secures up to $6.56M in secured note financing for fintech app rollout

Marygold Companies, Inc.

Initial $4.38M secured note issued; up to additional $2.18M expected Jan 2025 upon conditions.
Net proceeds used for Marygold & Co. fintech app marketing and U.K. expansion.
Note carries 9% interest, 9% OID, 6% exit fee; secured by pledge of USCF Investments stock and CEO trust guaranty.
Placement agent Maxim Group LLC received 7% commission.
CEO: company invested $15M internally over five years; external funding supports next-stage rollout.

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