Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 174

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1A
Chunk 174
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to delisting.

Our common stock is currently listed on and subject
to the rules and regulations of, the NYSE American, LLC stock exchange (“NYSE American”). As a result, the Company is required
to comply with certain continuing listing standards to continue to trade its stock on the NYSE American. For example, in the event our
shares of common stock trade at a low price and for a substantial period of time determined by NYSE American,
the Company may be notified to take certain action to regain compliance with such listing requirement, which may include effecting a reverse
stock split within a reasonable time or face the possibility of having its stock delisted by NYSE American. Also, we must be current in
our SEC reporting obligations. If the Company fails to meet one or a combination of such continued listing standards, the NYSE American
may seek to delist the Company’s shares. Action taken by the NYSE American to delist our stock may adversely impact the trading
price and trading volume of our shares and adversely affect the Company’s ability raise additional equity or equity linked financing.
There can be no assurance we will continue to meet all of the NYSE American’s continued listing requirements.

We
incur substantial costs to operate as a public reporting company as required by the Securities Exchange Commission.

We
incur substantial legal, financial, accounting and other costs and expenses to operate as a public reporting company. We believe
that these costs are a disproportionately larger percentage of our revenues than they are for larger companies. In addition, the
rules and regulations of the SEC impose significant requirements on public reporting companies,
including ongoing disclosure obligations and mandatory corporate governance practices. Our senior management and other personnel need
to devote a substantial amount of time and resources to ensure ongoing compliance with SEC requirements to maintain its status as a public
reporting company. There can be no assurance that the Company will continue to have sufficient resources in the future to maintain its
public company status.

As
a public reporting company, we are subject to rules and regulations established from time to time by the SEC and Public Company Accounting
Oversight Board (“PCAOB”) regarding our internal control over financial reporting. If we fail to establish and maintain effective
internal control over financial reporting and disclosure controls and procedures, we may not be able to accurately report our financial
results or report them in a timely manner. Investor confidence in the price of our stock may be adversely affected if we are unable to
comply with such rules and regulations.

As
a public