U.S. Global Investors Receives Expected Nasdaq Notice Regarding Late Filing of Form 10-K

San Antonio, TX, Oct. 20, 2023 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW)

The Notification

The Company, a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today announces that it received a standard notification letter dated October 16, 2023, from the Nasdaq Listing Qualifications Department. The notice, commonly referred to as the “Nasdaq notice”, is in regards to the late filing of Form 10-K.

Impact on Me

As an investor, receiving a Nasdaq notice may cause some concern as it could potentially result in negative implications for the Company’s stock price. It is important to stay informed and monitor the situation closely to make well-informed decisions regarding investment strategy.

Impact on the World

While the late filing of Form 10-K is specific to U.S. Global Investors, Inc., it serves as a reminder of the importance of timely and accurate financial reporting in the business world. Transparency and accountability are key factors in maintaining investor trust and market integrity.

Conclusion

In conclusion, the Nasdaq notice received by U.S. Global Investors highlights the significance of compliance with regulatory requirements and the potential consequences of failing to do so. It is essential for companies to prioritize timely and accurate financial reporting to uphold transparency and trust within the investment community.