Quarterly report [Sections 13 or 15(d)]

Subsequent Events

v3.25.3
Subsequent Events
3 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

20. SUBSEQUENT EVENTS

Monex Acquisition

On November 5, 2025, the Company entered into a definitive agreement (the "Monex Agreement") to acquire, through a wholly-owned subsidiary, all of the equity interests of Monex Deposit Company, a California limited partnership, and certain related entities. The purchase price to be paid by the Company is approximately $33.0 million, consisting of $19.0 million in cash and $14.0 million in shares of the Company's common stock valued at $25.00 per share in accordance with the terms of the Monex Agreement. Of the common stock, $10.0 million will be issued and delivered on the closing date and $4.0 million will be withheld by the Company for a period of 24 months following the closing date for purposes of securing the indemnification obligations of the sellers. The Monex Agreement also contemplates an additional deferred purchase price of up to $20.0 million based on the achievement of specified levels of cumulative pre-tax income. The transaction is expected to close within 60 days, subject to the satisfaction of certain customary closing conditions, including a minimum level of tangible net worth.

Change of Name; Transfer to New York Stock Exchange

On November 6, 2025, the Company announced that, effective December 2, 2025, it will change its name to Gold.com, Inc. and transfer the listing of its common shares from Nasdaq to the New York Stock Exchange ("NYSE"). The shares of the Company are expected to begin trading on the NYSE under the symbol "GOLD" on December 2, 2025.

Dividend

As announced on October 29, 2025, A-Mark’s Board of Directors has declared a quarterly cash dividend of $0.20 per share. The dividend is payable on December 2, 2025 to stockholders of record as of November 19, 2025.