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 domains are in high demand due to their scarcity, and
benefits of such domains include instant brand recognition and
enhanced marketability.”
Pacelli continued, “It’s rare to have an
opportunity to acquire a category defining asset such as this, and
we are excited to add the domain to our expanding portfolio. All
gold.com traffic is currently being redirected to the JMB website,
providing visitors with seamless access to the company's extensive
range of products and services.”
Transaction Advisors Tracy A.
Gallegos of Duane Morris LLP acted as legal advisor to JMB. Andrew
Miller of ATM Holdings, Inc., in conjunction with Hilco Digital
Assets, LLC, acted as financial advisor to the seller of the
gold.com domain.
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 portfolio of channels. The company conducts its
operations through three complementary segments: Wholesale Sales
& Ancillary Services, Direct-to-Consumer, and Secured Lending.
The company’s global customer base spans sovereign and private
mints, manufacturers and fabricators, refiners, dealers, financial
institutions, industrial users, investors, collectors, e-commerce
customers, and other retail customers.
A-Mark’s Wholesale Sales & Ancillary
Services segment distributes and purchases precious metal products
from sovereign and private mints. As a U.S. Mint-authorized
purchaser of gold, silver, and platinum coins since 1986, A-Mark
purchases bullion products directly from the U.S. Mint for sale to
customers. A-Mark also has longstanding distributorships with other
sovereign mints, including Australia, Austria, Canada, China,
Mexico, South Africa, and the United Kingdom. The company sells
more than 200 different products to e-commerce retailers, coin and
bullion dealers, financial institutions, brokerages, and
collectors. In addition, A-Mark sells precious metal products to
industrial users, including metal refiners, manufacturers, and
electronic fabricators.
Through its A-M Global Logistics subsidiary,
A-Mark provides its customers with a range of complementary
services, including managed storage options for precious metals as
well as receiving, handling, inventorying, processing, packaging,
and shipping of precious metals and coins on a secure basis.
A-Mark’s mint operations, which are conducted through its wholly
owned subsidiary Silver Towne Mint, enable the company to
offer customers a wide range of proprietary coin and bar offerings
and, during periods of market volatility when the availability of
silver bullion from sovereign mints is often product constrained,
preferred product access.
A-Mark’s Direct-to-Consumer segment operates as
an omni-channel retailer of precious metals, providing access to a
multitude of products through its wholly owned
subsidiaries, JM Bullion, Goldline and LPM Group Limited
(LPM) . JM Bullion is a leading e-commerce retailer of precious
metals and operates seven separately branded, company-owned
websites targeting specific niches within the precious metals
market: JMBullion.com, ProvidentMetals.com,Silver.com, GoldPrice.org, SilverPrice.org, BGASC.com,
and BullionMax.com. In addition to gold.com, JMB also
owns CyberMetals.com, an online platform where customers can
purchase and sell fractional shares of digital gold, silver,
platinum, and palladium bars in a range of denominations. Goldline
markets precious metals directly to the investor community through
various channels, including television, radio, and telephonic sales
efforts.
Located in the heart of Hong Kong’s Central
Financial District, LPM is one of Asia’s largest precious metals
dealers. LPM offers a wide selection of products through its retail
showroom and 24/7 online trading platform, including recently
released silver coins, gold bullion, certified coins, and the
latest collectible numismatic issues. A-Mark also holds
minority ownership interests in four additional direct-to-consumer
brands.
The company operates its Secured Lending segment
through its wholly owned subsidiary, Collateral Finance Corporation
(CFC). Founded in 2005, CFC is a California licensed finance lender
that originates and acquires loans secured by bullion and
numismatic coins. Its customers include coin and precious metal
dealers, investors, and collectors.
A-Mark is headquartered in El Segundo, CA and
has additional offices and facilities in the neighboring Los
Angeles area as well as in Dallas, TX, Las Vegas, NV, Winchester,
IN, Vienna, Austria, and Hong Kong. For more information,
visit www.amark.com.
A-Mark periodically provides information for
investors on its corporate website, www.amark.com, and its
investor relations website, ir.amark.com. This includes press
releases and other information about financial performance, reports
filed or furnished with the SEC, information on corporate
governance, and investor presentations.
Important Cautions Regarding Forward-Looking
Statements
Statements in this press release that relate to
future plans, objectives, expectations, performance, events and the
like are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 and the Securities
Exchange Act of 1934. These include statements regarding the
anticipated benefits to A-Mark and its affiliates of the
transactions. Future events, risks and uncertainties, individually
or in the aggregate, could cause actual results or circumstances to
differ materially from those expressed or implied in these
statements. Factors that could cause actual results to differ
include the following: the preferences of precious metal investors
and their impressions of the gold.com name and website; the
existence and attraction of, and potential confusion with,
competing websites, including those that also embed the word “gold”
in their domain name; the ability of the company to successfully
integrate gold.com into its overall direct-to-consumer marketing
strategy; and the strategic, business, economic, financial,
political and governmental risks and other risk factors affecting
the businesses of the company and the industries in which it
operates, as described in in the company’s public filings with the
Securities and Exchange Commission.
Company Contact:Steve Reiner, Executive Vice
President, Capital Markets & Investor RelationsA-Mark Precious
Metals, Inc.1-310-587-1410sreiner@amark.com
Investor Relations Contacts:Matt Glover and
Greg BradburyGateway Group,
Inc.1-949-574-3860AMRK@gateway-grp.com
Grafico Azioni A Mark Precious Metals (NASDAQ:AMRK)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni A Mark Precious Metals (NASDAQ:AMRK)
Storico
Da Mar 2024 a Mar 2025