The Marygold Companies, Inc. Announces Closing of Previously Announced Underwritten Public Offering
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The Marygold Companies, Inc. (NYSE American: MGLD) has closed its underwritten public offering of 2,050,000 shares at $1.10 per share, raising approximately $2.255 million before expenses.
January 28, 2025 | 11:45 pm
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The Marygold Companies, Inc. completed its public offering, raising $2.255 million. This capital infusion could support future growth and operations.
The successful closing of the public offering provides Marygold with additional capital, which can be used for growth initiatives or operational needs. This is generally positive for the company's stock as it strengthens the financial position.
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