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AMRK - Mergers and acquisitions
A-Mark Precious Metals Inc. (AMRK) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for AMRK
- A-Mark Precious Metals to Become Gold.com and Transfer to the New York Stock ExchangeEL SEGUNDO, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals (NASDAQ:AMRK) ("A-Mark" or "the Company"), a fully integrated alternative assets platform that offers an extensive range of precious metals, numismatic coins, and collectibles to consumers, collectors, and institutional clients worldwide, today announced a corporate rebranding initiative that will change its name to "Gold.com" and transfer its common shares from the Nasdaq to the New York Stock Exchange (NYSE), effective Dec. 2, 2025. The shares of the Company, to be known as Gold.com, are expected to trade under the symbol "GOLD." This strategic evolution better aligns the Company's corporate identity with its c
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on December 2, 2025 to stockholders of record as of November 19, 2025. A-Mark plans, beginning with its fiscal second quarter of 2026, ending December 31, 2025, to declare any ordinary dividend on or around the announcement of its quarterly earnings. About A-Mark Precious MetalsFounded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated pr
- A-Mark Precious Metals' Stack's Bowers Galleries Subsidiary Selected by the United States Mint to Auction Seven Sacagawea Gold Dollars that Orbited Earth Aboard the Space Shuttle Columbia in July 1999EL SEGUNDO, Calif., Sept. 16, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, announced that its Stack's Bowers Galleries subsidiary auctioned seven year 2000 Sacagawea 22 karat gold dollars owned by the United States Mint in a live auction held in their Costa Mesa, California, studios on September 12, 2025. The coins honor the pioneering spirit of American women. Sacagawea helped Lewis and Clark explore the Louisiana Territory and traveled with the expedition to the Pacific Ocean while establishing important cultural contacts and an understanding of the natural environment. In July 1999 the Space Shuttle C
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on August 1, 2025 to stockholders of record as of July 18, 2025. About A-Mark Precious MetalsFounded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via a port
- A-Mark Precious Metals Announces Quarterly Cash Dividend and the Closing of Its Acquisition of AMS Holding, LLCEL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2025, to stockholders of record as of April 15, 2025. On April 1, 2025, A-Mark completed the acquisition of the 90% of AMS Holding, LLC (AMS) not previously owned by A-Mark. Founded in 1984, AMS operates the flagship brand GOVMINT where a team of over 150 dedicated sales representatives works with customers to assemble collections of vintag
- A-Mark Continues Expansion into the Bullion Adjacent Collectible Coin Market by Acquiring Stack's Bowers Galleries, AMS Holding, LLC, and Pinehurst Coin Exchange, Inc.EL SEGUNDO, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark or the Company), a leading fully integrated precious metals platform, announced its continued expansion into the collectible coin market with the following acquisitions: On February 28, 2025, A-Mark completed the previously reported acquisition of Spectrum Group International, Inc. (SGI), the parent of Stack's Bowers Galleries (SBG), one of the world's largest rare coin and currency auction houses and a leading wholesale and retail dealer specializing in numismatic and bullion products. SBG generated Total Revenue of $536.4 million and EBITDA of $10.9 million during the fiscal year en
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., Jan. 03, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on January 28, 2025, to stockholders of record as of January 14, 2025. About A-Mark Precious Metals Founded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers vi
- Silver Towne Mint Acquires Assets of Regency Mint ManufacturingEL SEGUNDO, Calif., Oct. 14, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its wholly owned subsidiary Silver Towne Mint, operated through AM&ST Associates, LLC, has acquired substantially all of the assets of Regency Mint Manufacturing, LLC (Regency Mint), for $2 million. Regency Mint, a 25-year old family-owned and operated business located in Orem, Utah, is an ISO 9001:2015 certified mint that sells primarily to distributors and retailers of precious metals. With the acquisition, Silver Towne Mint acquired all of Regency Mint's minting equipment, which is expected to be moved short
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on October 22, 2024, to stockholders of record as of October 8, 2024. About A-Mark Precious MetalsFounded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via
- A-Mark Precious Metals Announces September 2024 Conference ParticipationEL SEGUNDO, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced its upcoming participation in the Gateway and Gold Forum Americas conferences next month. These events will provide investors and analysts an opportunity to gain additional insight into the company through a combination of one-on-one meetings, group presentations, and networking activities. 2024 Gateway ConferenceThe 2024 Gateway Conference is being held September 4th and 5th at the Four Seasons Hotel in San Francisco, California. A-Mark management will be participating in one-on-one meetings and presenting on Septe
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on July 31, 2024, to stockholders of record as of July 18, 2024. About A-Mark Precious Metals Founded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers vi
- A-Mark Increases Investment in and becomes Majority Owner of Silver Gold Bull, a Leading Online Precious Metals Retailer in CanadaEL SEGUNDO, Calif., June 24, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has acquired an additional 8% of the outstanding equity interest in Calgary-based Silver Gold Bull Inc. (SGB) for approximately $9.6 million. The investment brings A-Mark's ownership in SGB to 55.4% and continues to expand A-Mark's direct-to-consumer (DTC) footprint in the international market. A-Mark acquired its initial stake in SGB in 2014, increasing its investment to 47.4% in 2022. Founded in 2009, SGB is a leading e-commerce precious metals retailer in Canada focused on providing online innovation, high-quality products, co
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., April 05, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2024, to stockholders of record as of April 16, 2024. About A-Mark Precious MetalsFounded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via a
- A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion Acquires Gold.com Website DomainEL SEGUNDO, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals and wholly-owned subsidiary of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), has acquired the gold.com domain. With this acquisition, JMB now owns both gold.com and silver.com, two of the most recognizable domains in the precious metals industry. "The acquisition of the gold.com domain represents a significant investment in our direct-to-consumer growth strategy," said JMB CEO Robert Pacelli. "The gold.com domain carries broad global appeal and is an extremely versatile asset that will be incorporated into our long term strategy. Prominent, single word
- A-Mark Closes Previously Announced Acquisition of LPM Group Limited, Marking A-Mark's Expansion into AsiaEL SEGUNDO, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed its previously announced transactions with AMS Holding, LLC (AMS), a leading collector platform for the marketing and sales of vintage and modern coins. This transaction included the acquisition of LPM Group Limited (LPM), one of Asia's largest precious metals dealers. "Today is a significant day for A-Mark, as we complete the acquisition of LPM and expand our footprint into Asia," said A-Mark CEO Greg Roberts. "It is also a significant day for LPM, its employees, customers, and partners, as LPM becomes part of one of
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., Jan. 05, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on January 29, 2024, to stockholders of record as of January 16, 2024. About A-Mark Precious MetalsFounded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customer
- A-Mark Precious Metals Increases Share Repurchase ProgramEL SEGUNDO, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- The board of directors of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has authorized an increase in the number of shares which may be repurchased under the Company's existing share repurchase program. Under the revised program, A-Mark is authorized to repurchase up to 1,221,152 shares of its outstanding common stock, in addition to the 778,848 shares repurchased under the program through November 14, 2023, for a total of 2 million shares. As previously reported, the Company repurchased 171,268 shares during the fiscal first quarter of 2024 ended September 30, 2023. In the fi
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on July 28, 2023, to stockholders of record as of July 17, 2023. About A-Mark Precious Metals Founded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via a port
- A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion Acquires Assets of BullionMaxEL SEGUNDO, Calif., June 16, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its wholly-owned subsidiary, JM Bullion, Inc. ("JMB") has acquired certain assets of BullionMax, LP ("BullionMax"), an established online precious metals dealer. Based in California, BullionMax, which has over 20,000 customers and more than 100,000 newsletter subscribers, offers gold, silver, platinum and palladium coins, bullion and other precious metals products through its online platform. The assets acquired include its website, intellectual property, and customer and newsletter subscriber lists. JMB intend
- A-Mark Precious Metals Promotes Robert Pacelli to CEO of JM BullionEL SEGUNDO, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has promoted JM Bullion, Inc. ("JMB") President Robert Pacelli to Chief Executive Officer of the subsidiary, effective July 1, 2023. Pacelli will succeed Michael Wittmeyer, who will continue as a consultant to A-Mark and as a member of A-Mark's board of directors. Pacelli has nearly 20 years of experience in ecommerce operations, merchandising, digital marketing, and procurement. Since joining JMB in 2013, he has held numerous leadership roles, serving as President since July 2022 and previously as Vice President of Marketing. Duri
- A-Mark Precious Metals Increases Share Repurchase Program and Extends Expiration DateEL SEGUNDO, Calif., June 05, 2023 (GLOBE NEWSWIRE) -- The board of directors of A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has authorized an increase in the number of shares which may be repurchased under the Company's existing share repurchase program and extended the expiration date of the program from June 30, 2023 to June 30, 2028. Under the revised program, A-Mark is authorized to repurchase up to 1,000,000 shares of its outstanding common stock, in addition to the 335,735 shares repurchased under the program as of March 31, 2023. "The increased authorization underscores the strength of our fully integrated platform and t
- A-Mark Precious Metals Closes Previously Announced Purchase of Minority Interest in United Kingdom-Based Atkinsons Bullion & CoinsEL SEGUNDO, May 25, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that it has closed its previously reported agreement to purchase a 25% ownership interest in the parent company of Atkinsons Bullion & Coins ("Atkinsons"). Founded in 1990, Atkinsons, which reported revenue of over $130 million in calendar 2022, is a leading United Kingdom-based online retailer of precious metals, bullion and coins. In connection with the agreement, A-Mark received an option, exercisable starting in May 2025, to acquire an additional 24.5% ownership interest in Atkinsons, which, if exercised, would increase
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., April 06, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 28, 2023 to stockholders of record as of April 17, 2023. About A-Mark Precious MetalsFounded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers via a po
- A-Mark Precious Metals Subsidiary Silver Towne Mint Achieves ISO 9000:2015 CertificationEL SEGUNDO, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its wholly-owned subsidiary, Silver Towne Mint, has achieved ISO 9000:2015 certification, a globally recognized quality management standard. The certification applies to all silver bullion products produced at Silver Towne Mint and reaffirms the company's reputation as a leading manufacturer of quality bullion products. Since 1979, Silver Towne Mint has been a trusted supplier of silver bullion products, consistently delivering products that meet the highest standards of precious metals purity and weight. With
- A-Mark Precious Metals Announces Upcoming Conference ParticipationEL SEGUNDO, Calif., Feb. 27, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced its upcoming participation at the 35th Annual Roth Conference and D.A. Davidson's 6th Annual Consumer Growth Conference. The conferences will provide investors and analysts with the opportunity to gain additional insight into the company, through a combination of one-on-one and small group meetings, presentations, panel discussions and networking activities. 35th Annual Roth ConferenceThe 35th Annual Roth Conference is being held March 12-14, 2023, at The Ritz Carlton, Laguna Niguel located in Dana Point, CA. D.A.
- A-Mark Precious Metals to Purchase Minority Interest in United Kingdom-Based Atkinsons Bullion & CoinsEL SEGUNDO, Calif., Feb. 03, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that it has entered into a definitive agreement to purchase a 25% ownership interest in a United Kingdom-based company which owns and operates through a wholly owned subsidiary, Atkinsons Bullions & Coins ("Atkinsons"), for cash consideration of $2.75 million. Founded in 1990, Atkinsons is a leading United Kingdom-based online retailer of precious metals, bullion and coins. Atkinsons reported revenue of over $130 million in calendar 2022. In connection with the agreement, A-Mark and Atkinsons will enter into a three
- A-Mark Precious Metals Subsidiary, Collateral Finance Corporation, Announces Agreement with Certified Collectibles GroupEL SEGUNDO, Calif., Feb. 02, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its wholly-owned subsidiary, Collateral Finance Corporation ("CFC"), has entered into a branding and marketing agreement (the "Agreement") with Certified Collectibles Group, LLC ("CCG"), a leading third-party certification service focused on coins, paper currency, sports cards and other categories such as comic books and sports memorabilia. As part of the Agreement, CFC will be appointed as a non-exclusive "Approved Financing Service" of CCG and CCG will be appointed as a non-exclusive "Approved Grading Ser
- A-Mark Precious Metals Purchases Minority Interest in Texas Precious MetalsEL SEGUNDO, Calif., Jan. 10, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that it has acquired a 12% ownership interest in Texas Precious Metals, LLC (TPM), a leading e-commerce precious metals retailer with a strong geographic presence in Texas, for cash consideration of $5.04 million. Since 2011, TPM has processed over $1.25 billion in client transactions and has shipped over 100,000 orders to all 50 states. TPM has over 50,000 customers and reported revenues for calendar year 2021 of nearly $170 million. In 2018, TPM launched Texas Depository, a private storage facility catering to ind
- A-Mark Precious Metals Announces Quarterly Cash DividendEL SEGUNDO, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on January 27, 2023 to stockholders of record as of January 16, 2023. About A-Mark Precious MetalsFounded in 1965, A-Mark Precious Metals, Inc. is a leading fully integrated precious metals platform that offers an array of gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers v
- A-Mark Precious Metals Direct-to- Consumer Subsidiary JM Bullion Closes Asset Acquisition of BGASCEL SEGUNDO, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its wholly-owned subsidiary, JM Bullion, Inc. ("JMB"), has acquired certain assets of BGASC, LLC ("BGASC"), an established online precious metals dealer and one of the largest coin and bullion e-commerce dealers in the United States, for $4.5 million in cash. BGASC has over 120,000 customers and reported revenues for calendar year 2021 in excess of $200 million. Based in California, BGASC delivers gold and silver coins and bullion directly to consumers through its online platform. The assets acquired include BG
- ALJ REGIONAL HOLDINGS, INC. ACQUIRES RANEW'S COMPANIES, COMPLETES REPURCHASES AND CERTAIN INVESTMENTSNEW YORK, Sept. 29, 2022 /PRNewswire/ -- ALJ Regional Holdings, Inc. (OTC:ALJJ) ("ALJ") announced today that it has acquired the outstanding equity interests of certain operating companies doing business as Ranew's Companies from Lester and Susan Ranew. Ranew's Companies, headquartered in Milner, Georgia, are leading suppliers of industrial coating services to multinational manufacturers of equipment and a provider of precision fabrication and assembly and logistics services. The transaction was completed pursuant to a Securities Purchase Agreement, dated September 28, 2022 (the "Purchase Agreement"). Consideration paid by ALJ for the acquisition at closing was $20.8 million, subject to cert
- A-Mark Precious Metals, Inc. Reaches $1.1 Million Settlement with CFTCEL SEGUNDO, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK), a leading fully integrated precious metals platform, announced today that it and its subsidiary, Goldline, Inc., have reached a settlement with the Commodity Futures Trading Commission (CFTC), to fully resolve the CFTC's investigation into certain retail precious metal transactions engaged in by Goldline from April 2018 to June 2021. Pursuant to the settlement, the companies agreed to pay a fine of $450,000 and disgorgement of approximately $628,000. A-Mark and Goldline entered into the settlement without admitting or denying the CFTC's allegations and findings. "We are pleased that the ma
- A-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion to Acquire Assets of BGASCEL SEGUNDO, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its wholly-owned subsidiary, JM Bullion, Inc. ("JMB"), has entered into a definitive agreement to acquire certain assets of BGASC, LLC ("BGASC"), one of the largest coin and bullion e-commerce dealers in the United States, for $4.5 million in cash. BGASC was founded in 2012 and has more than 70,000 customers, with reported revenues for calendar year 2021 in excess of $200 million. Based in California, BGASC delivers gold and silver coins and bullion directly to consumers through its online platform. The asset
- A-Mark Precious Metals Announces Upcoming Conference ParticipationEL SEGUNDO, Calif., Aug. 17, 2022 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, will be participating at the D.A. Davidson Big Sky Summit and at the Denver Gold Forum's 34th Annual Gold Forum Americas 2022. D.A. Davidson Big Sky SummitThe D.A. Davidson Big Sky Summit is being held August 21-23, 2022, in Big Sky, Montana. A-Mark management will be participating in a fireside chat and one-on-one meetings as well as a group panel discussion titled The Future of Tech and Retail. For additional information or to schedule a one-on-one meeting with A-Mark management, please contact your D.A. Davidson representative,
- A-Mark Closes Previously Announced Investment in Silver Gold BullEL SEGUNDO, Calif., June 27, 2022 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK), a leading fully integrated precious metals platform, has closed its previously announced purchase of an additional 40% of the outstanding equity interest in Calgary-based Silver Gold Bull Inc. (SGB), a leading e-commerce precious metals retailer in Canada. SGB Transaction TermsAs previously disclosed, at the time of the signing of the definitive agreement, the SGB business was valued at approximately $110.0 million. In accordance with the definitive agreement, the total consideration paid at the closing consisted of $34 million in cash and 253,928 shares of A-Mark common stock. As a resu
- A-Mark Closes New $350 Million Credit FacilityEL SEGUNDO, Calif., Dec. 21, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has closed a new three-year, committed $350 million credit facility led by CIBC Bank USA, replacing its existing $280 million credit facility. The new credit facility became effective on December 21, 2021 and matures on December 20, 2024. CIBC Bank USA acted as Administrative Agent, and Joint Lead Arranger. "The new credit facility reflects the strong performance of our business and our capital partners' confidence in the resiliency of our expanded vertically integrated model," commented A-Mark CEO, Greg Roberts. "The upsizing to $
- A-Mark and JM Bullion Unveil CyberMetals, an Online Platform to Enable Digital Transactions of Precious Metals and Optional Redemption into Physical Coins and BarsEL SEGUNDO, Calif., Nov. 19, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, and its wholly owned subsidiary, JM Bullion (JMB), will unveil its new CyberMetals platform during a virtual presentation hosted by D.A. Davidson on Tuesday, December 7, 2021. Following the event, the Company will make available a copy of the slide presentation in the Investor Relations section of its website. Leveraging the core strengths of A-Mark and JMB, CyberMetals is an innovative, online platform that digitizes large gold, silver and platinum bars and allows consumers to buy and sell fractional shares of these bars in a
- A-Mark Precious Metals Launches Carbon-Neutrality Initiative in Partnership with the Prax GroupEL SEGUNDO, Calif., Nov. 11, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, has partnered with the Prax Group to offset greenhouse gas emissions (GHG) across A-Mark's businesses, with mitigation efforts primarily focused on the purchase of sustainability/decarbonization offsets, referred to as Verified Emission Reductions, (VER). With the current carbon offsets in place, A-Mark's A-M Global Logistics subsidiary, which represents substantially all of A-Mark's carbon footprint, can now be considered 100% carbon-neutral. A-M Global Logistics is A-Mark's Las Vegas, Nevada-based logistics and fulfillment center.
- A-Mark Precious Metals Expands Direct-to-Consumer and Minting Businesses Through Strategic InvestmentsEL SEGUNDO, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ:AMRK) (A-Mark), a leading fully integrated precious metals platform, continues to expand its market position in the physical precious metals market by increasing its strategic investments in Pinehurst Coin Exchange, Inc. (Pinehurst) and Sunshine Minting (SMI). A-Mark increased its ownership of Pinehurst from 10% to 49% for a purchase price of $9.75 million, consisting of $6.75 million in cash and $3.0 million in common stock, representing a $25.0 million valuation. Its investment follows a highly synergistic relationship between the companies that dates back to A-Mark's initial minority investmen
- A-Mark Precious Metals Reports Fiscal Second Quarter 2021 ResultsEL SEGUNDO, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, reported results for the fiscal second quarter ended December 31, 2020. Fiscal Second Quarter 2021 Financial Highlights Revenues for the three months ended December 31, 2020 increased 44% to $1.52 billion from $1.06 billion for the three months ended December 31, 2019 and decreased 19% from $1.87 billion for the three months ended September 30, 2020Gross profit for the three months ended December 31, 2020 increased 131% to $18.8 million (1.24% of revenue) from $8.1 million (0.77% of r
- A-Mark Precious Metals Sets Fiscal Second Quarter 2021 Earnings Call for Tuesday, February 9 at 5:00 p.m. ETEL SEGUNDO, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, will hold a conference call on Tuesday, February 9 at 5:00 p.m. Eastern time to discuss results for the fiscal second quarter ended December 31, 2020. Financial results will be issued in a press release prior to the call. A-Mark’s CEO Greg Roberts, President Thor Gjerdrum and CFO Kathleen Simpson-Taylor will host the presentation, followed by a question and answer period. Date: Tuesday, February 9, 2021Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)U.S. dial-in number: 1-877-407-0789Inte
- A-Mark Precious Metals Acquires Minority Interest in Sunshine MintingEL SEGUNDO, Calif. and COEUR D’ALENE, Idaho, Dec. 09, 2020 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, today announced that it recently acquired a 31.1% interest in Sunshine Minting, Inc. (SMI), a leading manufacturer of precious metals mint products and a long-standing supplier and counterparty of A-Mark. Through its three state-of-the-art minting facilities around the world, SMI is the industry leader for the supply of high-quality blanks, coins and medallions, as well as a wide array of custom minted products possessing various finishes for some of the largest sovereign