The Marygold Companies Completes Acquisition of Tiger Financial & Asset Management Limited
Summary
The transaction was consummated through Marygold & Co. (UK) Limited, a London-based business unit formed in 2021, and wholly owned subsidiary of the Company. “We are hugely encouraged by the coming opportunity to leverage our highly transformative fintech capabilities within the UK financial advice market, which is ripe for change.” The Company’s other financial services subsidiaries include Denver based Marygold & Co. (www.marygoldandco.com), formed in 2019 to explore opportunities in the financial technology sector, and currently completing development of a mobile banking app, and USCF Investments (www.uscfinvestments.com), whose entities serve as fund manager and investment adviser to eleven exchange traded products that have approximately $5 billion in assets under management at March 31, 2022. The Marygold Companies, Inc., which changed its name from Concierge Technologies, Inc. in March 2022, was founded in 1996 and repositioned as a global holding firm in 2015. These forward-looking statements, including, but not limited to expanding financial services offerings in the U.K., including the launch of the Company’s fintech mobile banking app, involve significant risks and uncertainties that could cause actual results to differ materially from the expected results and, consequently, should not be relied upon as predictions of future events. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.