Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 52

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1
Chunk 52
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 & Co. Limited f/k/a Tiger Financial & Asset Management Limited, a company incorporated and registered in England and Wales,
    whose registered office is in Northampton, England; and

    ■
    Step-By-Step
    Financial Planners Limited, a company incorporated and registered in England and Wales, whose registered office is in Staffordshire,
    England.

While
the Company operates in several business segments, its primary business focus is the financial services industry, including
ETF management, and its intention is to continue developing these and similar business segments prospectively.

We
manage the operations of our subsidiaries and their related businesses on a decentralized basis. There are generally no centralized
or integrated operational functions such as marketing, sales, legal or other professional services and there is little involvement
by our executive management in the day-to-day business affairs of our operating subsidiaries  apart from oversight. Our
executive management team is primarily responsible for vision and strategy of the Company while effectively implementing capital
allocation decisions, investment activities, leadership talent selection, development, performance and retention of the management
executives to head each of the operating subsidiaries. Our executive management is also responsible for organizational
accountability, corporate governance practices, monitoring regulatory affairs, including those of our operating businesses and
involvement in governance-related issues of its subsidiaries as needed.

We
were incorporated in the state of Nevada on January 26, 2000. Our corporate headquarters are located in San Clemente, California.

Human
capital and resources are an integral part of our businesses. Our business units employed 104 people located in various parts of the
world such as, New Zealand, Canada, the United Kingdom and the United States through the fiscal year ended June 30, 2025. This includes all
full and part-time employees as well as executives at our corporate headquarters in San Clemente, California. Consistent with our decentralized
management philosophy, our operating business units individually establish competitive compensation packages to attract, retain and reward
people within their organizations. Given the varied business activities, our business units have policies and practices to address, among
other things, maintaining a safe working environment, eliminating workplace harm, both mental and physical, providing various health
and retirement benefits, as well as incentives to recognize and reward performance on an individual and company goal performance basis.

Certain
Recent Developments

Recent
Equity Financing

On
January 28, 2025, we closed on the sale of an aggregate of 2,050,000 shares of our