U S GLOBAL INVESTORS INC
For the period ended Jun 30, 2024. Filed Sep 10, 2024.
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FY2024 · Filed Sep 10, 2024
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Item 9B. Other Information
In light of Frank Holmes’ ownership of99.81 percent of the class C voting shares, the Company is eligible to rely on the exemption from certain of the NASDAQ corporate governance listing requirements relating to the independence of the Board of Directors and certain committees that is afforded to controlled companies. Under NASDAQ rules, a controlled company is a company of which more than50 percent of the voting power for the election of directors is held by an individual, a group or another company.
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