U.S. Global Investors Adds Bobby Duncan to Board of Directors

U.S. Global Investors, Inc. (NASDAQ:GROW) recently announced a significant change to its board composition, appointing Bobby Duncan as a new member of the Board on January 23, 2025. This appointment has increased the Board’s size from 4 members to 5 members.

The company clarified that there are no undisclosed arrangements or understandings between Mr. Duncan and any other individual that led to his appointment as a director. Additionally, Mr. Duncan does not have any related party transactions that would require disclosure under Item 5.02(d)(4) of Form 8-K and Item 404(a) of Regulation S-K.

A press release was issued by U.S. Global Investors on January 28, 2025, officially announcing the addition of Mr. Duncan to the Board. The press release, serving as Exhibit 99.1, is attached to the Form 8-K filing and has been incorporated by reference into the report under item 5.02.

Moreover, in accordance with Item 9.01, the company also disclosed the following exhibits in the filing:

– Exhibit 99.1: Press Release issued by U.S. Global Investors, Inc. dated January 28, 2025.
– Exhibit 104: Cover Page Interactive Data File (embedded within the Inline XBRL document).

Lisa Callicotte, the Chief Financial Officer of U.S. Global Investors, Inc., signed off on the report on behalf of the company, as required by the Securities Exchange Act of 1934. The report was signed on January 29, 2025.

The entry of Bobby Duncan onto the Board of Directors marks a notable development for U.S. Global Investors, reflecting the company’s ongoing commitment to enhancing its governance structure.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read U.S. Global Investors’s 8K filing here.

About U.S. Global Investors

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.