A-Mark贵金属通过收购美国钱币学会（AMS）Holding，LLC和Pinehurst Coin Exchange，Inc的收购来完成扩展到可收藏的硬币市场

2025年3月10日（Globe Newswire） - 领先的完全集成的贵金属平台（A-Mark或Company），A-Mark贵金属公司（NASDAQ：AMRK）（纳斯达克股票代码：AMRK）（纳斯达克股票代码：AMRK），这是一家全面完全集成的贵金属平台，宣布其持续扩展到收藏的Coin Markets：以下收购：

El Segundo, Calif., March 10, 2025, 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:

2025年3月10日，加利福尼亚州El Segundo，A-Mark Precialals，Inc。（NASDAQ：AMRK）（A-Mark或Company）（A-Mark或Company），这是一个全面整合的贵金属平台，宣布其持续扩展到可收藏的硬币市场，并以下收购：

* A-Mark paid $92.0 million and issued 1,678,440 shares of its stock to SGI for a 10% interest in AMS Holding, LLC (AMS). A-Mark also has the option to acquire an additional 90% of AMS for $50.0 million in cash and up to an additional $9.0 million in cash based upon the achievement of performance benchmarks in calendar 2025 and 2026. Selling shareholders may receive up to an additional $3.0 million in cash based upon the achievement of financial targets when certain identified inventory is sold. The transaction is expected to close within 45 days subject to the satisfaction of certain conditions, including the execution of financing arrangements.

* A-Mark支付了9200万美元，并向SGI发行了1,678,440股股票，以在AMS Holding，LLC（AMS）中获得10％的利息。 A-Mark还可以选择以5,000万美元的现金获得额外的90％的AMS，并且根据日历2025年日历和2026年的绩效基准的实现，最高可获得900万美元的现金。销售股东可能会根据某些识别的库存销售的财务目标获得的额外300万美元的现金收到30万美元的现金。预计该交易将在45天内关闭，但要满足某些条件，包括执行融资安排。

* A-Mark paid $6.5 million in cash and agreed to pay up to an additional $5.3 million in cash consideration based upon the achievement of performance benchmarks for a 51% controlling interest in Pinehurst Coin Exchange, Inc. (Pinehurst).

* A-Mark支付了650万美元的现金，并同意基于在Pinehurst Coin Exchange，Inc。（Pinehurst）获得51％控制权益的51％控制权的绩效基准，以额外支付530万美元的现金考虑。

Key Transaction Terms

关键交易术语

* The consideration for the SGI investment was $46.0 million in cash and $46.0 million in A-Mark stock valued at $27.51 per share, its volume weighted average price on the Nasdaq Stock Market for the five trading days preceding the definitive agreement's execution. There is a holdback of 4% of the total stock issued to satisfy potential indemnification claims.

* SGI投资的考虑因素为4,600万美元现金，A-Mark股票的价值为4,600万美元，价值为每股27.51美元，其纳斯达克股票市场的平均价格在该权威协议的执行之前的五个交易日内为纳斯达克股票市场的平均价格。发行的股票总股票的4％持有，以满足潜在的赔偿索赔。

* A-Mark has agreed to pay $50.0 million in cash to acquire the remaining 90% of AMS stock and up to an additional $9.0 million in cash based upon the achievement of performance benchmarks in calendar 2025 and 2026. Selling shareholders may receive up to an additional $3.0 million in cash based upon the achievement of financial targets when certain identified inventory is sold. The transaction is expected to close within 45 days subject to the satisfaction of certain conditions, including the execution of financing arrangements.

* A-Mark已同意支付5,000万美元的现金，以根据2025年日历和2026年的绩效基准获得绩效基准的实现，以获取剩余的90％的AMS股票现金。销售股东可能会根据一定的识别商品的销售成果获得额外的300万美元现金。预计该交易将在45天内关闭，但要满足某些条件，包括执行融资安排。

* A-Mark paid $6.5 million in cash to acquire 51% of Pinehurst's stock and has agreed to pay up to an additional $5.3 million in cash consideration based upon the achievement of performance benchmarks.

* A-Mark支付了650万美元的现金，以获取Pinehurst股票的51％，并同意根据绩效基准的实现，最高可支付530万美元的现金考虑。

AMS Holding, LLC Overview

AMS Holding，LLC概述

A-Mark has supplied bullion and related products to AMS for over ten years and, in February 2024, acquired its then wholly owned subsidiary LPM Group Limited (LPM). Based in Hong Kong, LPM is one of Asia's leading precious metals wholesalers and, from its location in the Central Financial District, the operator of the city's largest numismatic showroom. A-Mark is in the process of expanding LPM's wholesale, Direct-to-Consumer, and storage operations to strategically important Singapore.

A-Mark已向AMS提供了金条和相关产品已有十多年了，并在2024年2月收购了当时拥有的全资子公司LPM Group Limited（LPM）。 LPM总部位于香港，是亚洲领先的贵金属批发商之一，并且从其位于中央金融区的位置，是该市最大的钱币陈列室的运营商。 A-Mark正在将LPM的批发，直接面向消费者和存储操作扩展到战略上重要的新加坡。

A-Mark, in connection with its acquisition of LPM, formed a joint venture with SBG and Pinehurst to acquire a 10% interest in AMS' fully diluted equity. Each of the three companies, in turn, signed supplier agreements with AMS and they provide approximately 80% of the collectibles that it offers to its customers. A-Mark CEO Greg Roberts joined AMS' board of directors last year. AMS is based in Eagan, MN and its corporate website is www.amsi-corp.

A-Mark与其对LPM的获取有关，与SBG和Pinehurst建立了合资企业，以获得AMS完全稀释的权益的10％权益。三家公司中的每一家又与AMS签署了供应商协议，它们提供了大约80％的收藏品为客户提供的收藏品。 A-Mark首席执行官Greg Roberts去年加入了AMS董事会。 AMS总部位于明尼苏达州的Eagan，其公司网站是www.amsi-corp。

.

。

The foundation of AMS is a sales and marketing engine that brings together four decades of collector relationships with modern technology and compelling coin offerings that are sold through the GOVMINT brand. AMS has served over 500,000 customers in its history, including over 77,000 customers during the year ended December 31, 2024. The company's customers work closely with sales representatives whose training and product expertise enable them to deliver an elevated purchase experience that promotes repeat engagement. Nearly one-third of new AMS customers placed a second order within 180 days of their first purchase and total annual spend has historically grown in direct relationship to how long someone has shopped with the company.

AMS的基础是一种销售和营销引擎，汇集了四十年的收藏家与现代技术的关系以及通过Govmint品牌出售的引人注目的硬币产品。 AMS在其历史上为超过500,000个客户提供了服务，其中包括截至2024年12月31日的一年中的77,000多名客户。该公司的客户与销售代表紧密合作，销售代表培训和产品专业知识使他们能够提供高贵的购买体验，从而促进重复参与。将近三分之一的新AMS客户在首次购买后的180天内下达了第二次订单，并且每年的支出总数与某人与公司购物的时间直接相关。

AMS seeks to offer its customers highly compelling offerings such as first date of issue and first strike coins as well as coins and other products signed by artists, engravers, and mint directors. Items are generally sourced from a network of sovereign and private mints through its partnerships with A-Mark, SBG, and Pinehurst as well as from long-standing direct relationships.

AMS试图向其客户提供高度引人注目的产品，例如第一次发行日期和第一次罢工硬币，以及由艺术家，雕刻师和薄荷导演签署的硬币和其他产品。物品通常来自主权网络和私人薄荷网络，其与A-Mark，SBG和Pinehurst的合作关系以及长期的直接关系。

GOVMINT is not affiliated with the U.S. Department of the Treasury or any other government agency. Its website is www.govmint.com.

Govmint与美国财政部或任何其他政府机构没有隶属于美国。它的网站是www.govmint.com。

Pinehurst Coin Exchange, Inc. Overview

Pinehurst Coin Exchange，Inc。概述

A-

一个-