Company: MGLD
Filing Date: 2025-09-19
Form Type: 10-K
Source: 0001493152-25-014286
Chunk: 72

Company: Marygold Companies, Inc.
Filing Date: 2025-09-19
Form: 10-K
Item: Item 1
Chunk 72
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 until abandoned by Marygold US. Trade
secrets are generally protected by non-disclosure agreements.

Employees

As of June 30, 2025, Marygold US had no full-time
employees.

Marygold UK

In 2021, we expanded our financial services into the United Kingdom by incorporating a new entity called, Marygold & Co. (UK) Limited, a private limited company incorporated and registered under
the laws of England and Wales, whose registered office is in London, England, (“Marygold UK”).

In June 2022, Marygold UK acquired all of the outstanding
shares of Tiger Financial & Asset Management, Limited, (“Tiger Financial”). Tiger Financial, a private company incorporated
and registered in England and Wales, has a registered office in Northampton, England.

In October 2024, Tiger
Financial changed its name to “Marygold & Co. Limited”. Marygold & Co. Limited has its registered office in Northampton, England. Marygold & Co. Limited is an asset manager regulated by the United Kingdom Financial Conduct
Authority.

In May 2024, Marygold UK acquired all outstanding
shares of Step-By-Step Financial Planners Limited (“Step-By-Step”), a private limited company incorporated and registered
in England and Wales, whose registered office is in Staffordshire, England. Step-By-Step is an asset manager and registered investment
advisor regulated by the United Kingdom Financial Conduct Authority. For a description of the terms of our acquisition of Step-By-Step,
please refer to “Note 6. Business Combinations” to our consolidated financial statements included in this Form 10-K.

In addition to its function as a holding company
for U.K. investments and acquisitions, Marygold UK was formed to introduce a Marygold UK Fintech app into the United Kingdom with
features designed to provide a suite of personal savings tools all integrated into a user’s digital world. The Marygold UK
Fintech app was soft-launched in England during April 2025. The app has a “Piggy Bank” function, that enables users to
take control of their financial future by providing the digital tools they need to save money more efficiently. The Piggy Bank app
feature encourages mindful spending, adding customizable barriers to the visibility of savings and fostering long-term habits
through an “out of sight, out of mind” approach. A Me2Me app feature will allow people to move their money between
accounts and the app will be