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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 30, 2024

 

 

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A-MARK PRECIOUS METALS, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-36347

11-2464169

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

2121 Rosecrans Ave, Suite 6300

 

El Segundo, California

 

90245

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (310) 587-1477

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $0.01 par value

 

AMRK

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


 

Item 1.01 Entry into a Material Definitive Agreement.

On September 30, 2024, A-Mark Precious Metals, Inc. (the "Company") entered into a Tenth Amendment to Credit Agreement (the "Credit Agreement Tenth Amendment") with the other loan parties thereto, the lenders party thereto and CIBC Bank USA as administrative agent for the lenders. A copy of the Credit Agreement Tenth Amendment is filed as Exhibit 10.1 to this Form 8-K, and the description of the Credit Agreement Tenth Amendment in this Item is qualified by reference to the Exhibit.

The Credit Agreement Tenth Amendment amends the Company’s Credit Agreement, dated December 21, 2021, as amended by amendments first through ninth (the “Credit Agreement”), which provides for a revolving credit facility.

The Credit Agreement Tenth Amendment extends the Termination Date of the Credit Agreement to the earlier of September 30, 2026 or such other date on which the Commitments terminate pursuant to Section 5 or Section 13 of the Credit Agreement. The Credit Agreement Tenth Amendment also modifies certain covenants of the Credit Agreement.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

 

Exhibit

 

Description

 

 

 

10.1

 

Tenth Amendment to Credit Agreement, effective as of September 30, 2024, among the Company, the other loan parties party thereto, the lenders party thereto and CIBC Bank USA as administrative agent for the lenders.

104

 

Inline XBRL for the cover page of this Current Report on Form 8-K.

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

A-MARK PRECIOUS METALS, INC.

 

 

 

Date:

October 2, 2024

By:

/s/ Carol Meltzer

 

 

Name:

Title:

Carol Meltzer
General Counsel and Secretary