Company: MGLD
Filing Date: 2025-01-24
Form Type: 424B5
Source: 0001493152-25-003567
Chunk: 19

Company: Marygold Companies, Inc.
Filing Date: 2025-01-24
Form: 424B5
Chunk 19
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 and disposition of the shares.

For purposes of this discussion, a “U.S. Holder” is a beneficial owner of the shares, that, for U.S. federal income tax purposes, is:

| ● | an                                                                                                                                  
 individual that is a citizen or resident of the United States;                                                                      |
| ● | a                                                                                                                                   
 corporation, or other business entity that is treated as a corporation for U.S. federal tax purposes under U.S. Treasury Department 
 regulations governing entity classifications, created or organized in or under the laws of the United States, any state thereof or  
 the District of Columbia;                                                                                                           |
| ● | a                                                                                                                                   
 trust (1)(A) that is subject to the primary supervision of a court within the United States and (B) all substantial decisions of    
 which are controlled by one or more “United States persons” (within the meaning of Section 7701(a)(30) of the Code) or              
 (2) that has a valid election in effect under applicable Treasury Regulations to be treated as a United States person; or           |
| ● | an                                                                                                                                  
 estate that is subject to U.S. federal income tax on its income regardless of its source.                                           |

As used herein, the term “Non-U.S. Holder”means a beneficial owner, other than an entity treated as a partnership for U.S. federal income tax purposes, of the shares that is not a U.S. Holder.

PROSPECTIVE INVESTORS ARE URGED TO CONSULT THEIR TAX ADVISORS REGARDING THE PARTICULAR FEDERAL, STATE, LOCAL AND NON-U.S. TAX CONSEQUENCES TO THEM OF THE PURCHASE, OWNERSHIP AND DISPOSITION OF THE SHARES.

Tax Considerations Applicable to U.S. Holders

Distributions on Shares

Marygold does not anticipate declaring or paying any cash dividends to holders of Marygold’s common stock. If Marygold makes distributions of cash or other property (other than certain distributions of Marygold’s or its subsidiaries’ stock) on the shares, such distributions will constitute dividends to the extent paid out of Marygold’s current or accumulated earnings and profits, as determined for U.S. federal income tax purposes. For this purpose, in the event that Marygold distributes property in a taxable distribution, the amount by which the value of such property exceeds Marygold’s adjusted basis in it would be included in Marygold’s current year earnings and profits. Dividends received by a corporate U.S. Holder may be eligible for a dividends received deduction,