Exhibit 99.2
THE
MARYGOLD COMPANIES, INC. ANNOUNCES PRICING OF
San
Clemente, California, January
Marygold intends to use a portion of the net proceeds from the offering to retire or reduce debt, make further capital contributions to its Marygold & Co. subsidiaries in the U.S. and U.K., and for other general working capital and corporate purposes.
A
shelf registration statement relating to the shares of common stock offered in the public offering described above was filed with the
Securities and Exchange Commission (“SEC”) on December 18, 2024, and declared effective by the SEC on December 27, 2024.
The offering is being made only by means of a written prospectus and prospectus supplement that form a part of the registration statement.
A preliminary prospectus supplement and accompanying prospectus relating to the offering has been filed with the SEC and is available
on the SEC’s website at www.sec.gov. A final prospectus supplement and accompanying prospectus will be filed with the SEC. When
available, copies of the final prospectus supplement and the accompanying prospectus may also be obtained by contacting Maxim Group LLC
at 300 Park Avenue, 16th Floor, New York, New York, telephone (212)
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities being offered, nor shall there be any sale of the securities being offered in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About The Marygold Companies, Inc.
The
Marygold Companies was founded in 1996 and repositioned as a global holding firm in 2015. The Company currently has operating subsidiaries
in financial services, food manufacturing, printing, security systems and beauty products, under the trade names USCF Investments, Marygold
& Co.,
Forward-Looking Statements
This
press release contains forward-looking statements that are based on the Company’s beliefs and assumptions and on information currently
available to the Company on the date of this press release. These forward-looking statements involve substantial risks and uncertainties.
Any statements in this press release other than statements of historical fact, including statements about the Company’s future
expectations, plans and prospects, constitute forward-looking statements for purposes of the safe harbor provisions under the Private
Securities Litigation Reform Act of 1995. Forward-looking statements include any statements about the Company’s strategy, operations
and future expectations and plans and prospects for the Company, and any other statements containing the words “anticipate,”
“believe,” “estimate,” “expect,”
Investor Contacts:
Media and investors, for more Information, contact:
Roger S. Pondel
PondelWilkinson Inc.
310-279-5965
rpondel@pondel.com
Contact the Company:
David Neibert, Chief Operations Officer
949-429-5370
dneibert@themarygoldcompanies.com