Company: MGLD
Filing Date: 2025-01-27
Form Type: 424B5
Source: 0001493152-25-003788
Chunk: 53

Company: Marygold Companies, Inc.
Filing Date: 2025-01-27
Form: 424B5
Chunk 53
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 any preferred stock, are entitled to receive dividends when and if declared by the board of directors out of legally available funds.

Liquidation and Dissolution. If we are liquidated or dissolved, the holders of the common stock will be entitled to share in our assets available for distribution to stockholders in proportion to the amount of common stock they own. The amount available for common stockholders is calculated after payment of liabilities. Holders of any preferred stock may receive a preferential share of our assets before the holders of the common stock receive any assets.

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Other Rights.Holders of the common stock have no right to:

| ● | convert                                                              
 the stock into any other security                                    |
| ● | have                                                                 
 the stock redeemed, or                                               |
| ● | purchase                                                             
 additional stock to maintain their proportionate ownership interest. |

Holders of shares of the common stock are not required to make additional capital contributions.

Preferred Stock

We are authorized to issue up to 50,000,000 shares of preferred stock and have designated 45,000,000 shares as Series B Preferred Stock. As of December 12, 2024, 49,360 shares of Series B Preferred Stock were issued and outstanding. See “Description of our Capital Stock - Series B Preferred Stock,”below. We may offer shares of our preferred stock either alone or as part of a unit. Our board of directors has the authority to issue from time to time up to 44,950,640 additional shares of Series B Preferred Stock. Also, our board of directors, within the limitations and restrictions of our articles of incorporation, has the authority to issue from time-to-time up to 5,000,000 shares of preferred stock in one or more series and to fix the terms, limitations, relative rights and preferences and variations of each series.

Our board of directors, within the limitations and restrictions of our articles of incorporation and Nevada law, has the authority to issue from time-to-time shares of preferred stock in one or more series and to fix the terms, limitations, relative rights and preferences and variations of each series.

Subject to limitations prescribed by law, our board of directors is authorized at any time to:

| ● | issue                                                   
 one or more series of preferred stock                   |
| ● | determine                                               
 the designations for any series of preferred stock, and |
| ● | determine                                               
 the number of shares in any series                      |

Our board of directors is also authorized to determine for each series of preferred stock:

| ● | whether