Company: MGLD
Filing Date: 2025-01-27
Form Type: 424B5
Source: 0001493152-25-003788
Chunk: 30

Company: Marygold Companies, Inc.
Filing Date: 2025-01-27
Form: 424B5
Chunk 30
---
”                                    
 short sales. Covered short sales are short sales made in an amount not greater than the underwriters’ 
 over-allotment option to purchase additional shares in this offering described above. The             
 underwriters may close out any covered short position either by exercising their over-allotment       
 option or by purchasing shares in the open market. To determine how they will close the covered       
 short position, the underwriters will consider, among other things, the price of shares available     
 for purchase in the open market, as compared to the price at which they may purchase shares           
 through the over-allotment option. Naked short sales are short sales in excess of the over-allotment  
 option. The underwriters must close out any naked short position by purchasing shares in              
 the open market. A naked short position is more likely to be created if the underwriters              
 are concerned that, in the open market after pricing, there may be downward pressure on the           
 price of the shares that could adversely affect investors who purchase shares in this offering.       |
| ● | Penalty                                                                                               
 bids. If the representative purchases the shares in the open market in a stabilizing                  
 transaction or syndicate covering transaction, it may reclaim a selling concession from the           
 underwriters and selling group members who sold those shares as part of this offering.                |
| ● | Passive                                                                                               
 market making. Market makers in the shares who are underwriters or prospective underwriters           
 may make bids for or purchase the shares, subject to limitations, until the time, if ever,            
 at which a stabilizing bid is made.                                                                   |

Similar to other purchase transactions, the underwriters’ purchases to cover the syndicate short sales or to stabilize the market price of our common stock may have the effect of raising or maintaining the market price of our common stock or preventing or mitigating a decline in the market price of our common stock. As a result, the price of our common stock may be higher than the price that might otherwise exist in the open market. The imposition of a penalty bid might also have an effect on the price of our common stock if it discourages resales of the shares.

Neither we nor the underwriters make any representation or prediction as to the effect that the transactions described above may have on the price of our common stock. These transactions may occur on the NYSE American or otherwise. If such transactions are commenced, they may be discontinued without notice at any time.

Electronic Distribution

This prospectus supplement and the accompanying prospectus in electronic format may be made available