Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 59

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1
Chunk 59
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2.3 million. The Purchase Agreement contains certain representations, warranties, covenants,
and rights to indemnification by both of the parties and was subject to customary closing conditions.

Subsidiary
Business Overview

U.S. ETF Fund
Management - USCF Investments

In
2016, we acquired all of the issued and outstanding stock in USCF Investments, Inc., a Delaware corporation (“USCF Investments”). USCF Investments
is a U.S. corporation organized in the state of Delaware. USCF Investments is the parent and sole member of two fund management limited
liability companies formed in the state of Delaware: United States Commodity Funds, LLC (“USCF LLC”) and USCF Advisers, LLC
(“USCF Advisers”). USCF LLC and USCF Advisers are each registered as a commodity pool operator, and each is a member of the
National Futures Association. USCF Advisers is also registered as an investment adviser with the Securities and Exchange Commission (“SEC”)
under the Investment Advisers Act of 1940, as amended (“Investment Advisers Act”). USCF LLC and USCF Advisers, together with
USCF Investments will be referred to hereafter as “USCF Investments.”

USCF
LLC and USCF Advisers provide investment fund management and advisory services and receive management and/or investment advisory
fees for providing such services to each of the ETF trust and funds it manages. Currently, USCF LLC and USCF Advisers collectively
manage and service 16 ETFs, the shares or other interests of which are listed and traded on
the NYSE Arca, Inc. (“NYSE Arca”). The ETFs managed by USCF LLC and USCF Advisers have a combined total of $2.8 billion
in assets under management (“AUM”) as of June 30, 2025.

USCF LLC Managed and Sponsored Funds

Currently,
USCF LLC serves as the general partner or sponsor of the following ETFs, each of which is conducting an ongoing public offering of its
shares or interests pursuant to the Securities Act:

    USCF
    LLC is general partner of the following funds
  
    United
    States Oil Fund, LP (“USO”)
     
    Organized
    as a Delaware limited partnership in 2005
  
    United
    States Natural Gas Fund, LP (“UNG”)
     
    Organized
    as a Delaware limited partnership in 2006
  
    United
    States Gasoline Fund