A-Mark貴金屬通過收購美國錢幣學會（AMS）Holding，LLC和Pinehurst Coin Exchange，Inc的收購來完成擴展到可收藏的硬幣市場

2025年3月10日（Globe Newswire） - 領先的完全集成的貴金屬平台（A-Mark或Company），A-Mark貴金屬公司（NASDAQ：AMRK）（納斯達克股票代碼：AMRK）（納斯達克股票代碼：AMRK），這是一家全面完全集成的貴金屬平台，宣布其持續擴展到收藏的Coin Markets：以下收購：

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，加利福尼亞州El Segundo，A-Mark Precialals，Inc。（NASDAQ：AMRK）（A-Mark或Company）（A-Mark或Company），這是一個全面整合的貴金屬平台，宣布其持續擴展到可收藏的硬幣市場，並以下收購：

* 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9200萬美元，並向SGI發行了1,678,440股股票，以在AMS Holding，LLC（AMS）中獲得10％的利息。 A-Mark還可以選擇以5,000萬美元的現金獲得額外的90％的AMS，並且根據日曆2025年日曆和2026年的績效基準的實現，最高可獲得900萬美元的現金。銷售股東可能會根據某些識別的庫存銷售的財務目標獲得的額外300萬美元的現金收到30萬美元的現金。預計該交易將在45天內關閉，但要滿足某些條件，包括執行融資安排。

* 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650萬美元的現金，並同意基於在Pinehurst Coin Exchange，Inc。（Pinehurst）獲得51％控制權益的51％控制權的績效基準，以額外支付530萬美元的現金考慮。

Key Transaction Terms

關鍵交易術語

* 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投資的考慮因素為4,600萬美元現金，A-Mark股票的價值為4,600萬美元，價值為每股27.51美元，其納斯達克股票市場的平均價格在該權威協議的執行之前的五個交易日內為納斯達克股票市場的平均價格。發行的股票總股票的4％持有，以滿足潛在的賠償索賠。

* 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5,000萬美元的現金，以根據2025年日曆和2026年的績效基準獲得績效基準的實現，以獲取剩餘的90％的AMS股票現金。銷售股東可能會根據一定的識別商品的銷售成果獲得額外的300萬美元現金。預計該交易將在45天內關閉，但要滿足某些條件，包括執行融資安排。

* 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650萬美元的現金，以獲取Pinehurst股票的51％，並同意根據績效基準的實現，最高可支付530萬美元的現金考慮。

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提供了金條和相關產品已有十多年了，並在2024年2月收購了當時擁有的全資子公司LPM Group Limited（LPM）。 LPM總部位於香港，是亞洲領先的貴金屬批發商之一，並且從其位於中央金融區的位置，是該市最大的錢幣陳列室的運營商。 A-Mark正在將LPM的批發，直接面向消費者和存儲操作擴展到戰略上重要的新加坡。

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與其對LPM的獲取有關，與SBG和Pinehurst建立了合資企業，以獲得AMS完全稀釋的權益的10％權益。三家公司中的每一家又與AMS簽署了供應商協議，它們提供了大約80％的收藏品為客戶提供的收藏品。 A-Mark首席執行官Greg Roberts去年加入了AMS董事會。 AMS總部位於明尼蘇達州的Eagan，其公司網站是www.amsi-corp。

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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的基礎是一種銷售和營銷引擎，匯集了四十年的收藏家與現代技術的關係以及通過Govmint品牌出售的引人注目的硬幣產品。 AMS在其歷史上為超過500,000個客戶提供了服務，其中包括截至2024年12月31日的一年中的77,000多名客戶。該公司的客戶與銷售代表緊密合作，銷售代表培訓和產品專業知識使他們能夠提供高貴的購買體驗，從而促進重複參與。將近三分之一的新AMS客戶在首次購買後的180天內下達了第二次訂單，並且每年的支出總數與某人與公司購物的時間直接相關。

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試圖向其客戶提供高度引人注目的產品，例如第一次發行日期和第一次罷工硬幣，以及由藝術家，雕刻師和薄荷導演簽署的硬幣和其他產品。物品通常來自主權網絡和私人薄荷網絡，其與A-Mark，SBG和Pinehurst的合作關係以及長期的直接關係。

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

Govmint與美國財政部或任何其他政府機構沒有隸屬於美國。它的網站是www.govmint.com。

Pinehurst Coin Exchange, Inc. Overview

Pinehurst Coin Exchange，Inc。概述

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