Replies to post #2991 on Marygold Companies Inc (MGLD)

[DrD]

CEO comments on Marygold-UK and Tiger Financial acquisition, from 10K

Nicholas Gerber, Chief Executive Officer, said, “Adding to our financial services offerings, subsequent to the close of fiscal 2021 we formed a wholly owned subsidiary, Marygold & Co. (UK) Limited, which, in turn, signed a definitive agreement to acquire Tiger Financial & Asset Management Limited, an established and certified investment advisor in the U.K. Tiger’s core business is managing clients’ financial wealth across a diverse range of products, which eventually we hope will include services as provided by Marygold in the United States. The transaction is expected to close before the end of 2021 calendar year, subject to customary closing conditions, including approval of the U.K. Financial Conduct Authority (FCA).
https://www.globenewswire.com/news-release/2021/09/22/2301721/0/en/Concierge-Technologies-Reports-Fiscal-2021-Financial-Results.html



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