Company: MGLD
Filing Date: 2025-03-07
Form Type: 424B5
Source: 0001493152-25-009595
Chunk: 19

Company: Marygold Companies, Inc.
Filing Date: 2025-03-07
Form: 424B5
Chunk 19
---
 (ii) twelve (12) months from the date of the Equity Distribution Agreement. In addition, we shall have the right, upon ten (10) days’ prior written notice to Maxim, to terminate the Equity Distribution Agreement in our sole discretion. Maxim shall have the right to terminate the Equity Distribution Agreement if, in its sole discretion, it is not satisfied with the results of its and its representatives’ review of us and our business.

Indemnification

We have agreed to provide indemnification and contribution to Maxim against certain liabilities, including civil liabilities under the Securities Act and Securities Exchange Act.

This summary of the material provisions of the Equity Distribution Agreement does not purport to be a complete description of its terms and conditions. A copy of the Equity Distribution Agreement is filed with the SEC and is incorporated by reference into the registration statement of which this prospectus supplement forms a part. See the section entitled “Where You Can Find More Information.”

Our Relationships with Maxim

Maxim and its affiliates may in the future engage in investment banking transactions and other commercial dealings in the ordinary course of business with us or our affiliates. Maxim and its affiliates may in the future receive customary fees and commissions for these transactions.

In addition, in the ordinary course of its business activities, Maxim and its affiliates may make or hold a broad array of investments and actively trade debt and equity securities (or related derivative securities) for their own account and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of ours or our affiliates. Maxim and its affiliates may also make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may hold, or recommend to clients that they acquire, long and/or short positions in such securities and instruments.

| S-16 |

Maxim and its affiliates have provided us certain investment banking services in the ordinary course of their businesses, for which they have received customary fees and commissions, as follows:

Recent Note Financing

On September 19, 2024, we entered into a note purchase agreement with Streeterville Capital, LLC (“Streeterville”), pursuant to which we issued and sold to Streeterville a secured promissory note in the principal amount of $4.38 million. Maxim acted as placement agent for the transaction and was paid a commission equal to 7% of the gross cash proceeds from the sale of the note or an aggregate of $280,000. See “The Offering – Certain Recent Developments – Recent Note Financing.”

Recent Equity Financing

On January 28,