Echo Lake Capital and Deerhaven Capital Offers to Acquire U.S. Global Investors (GROW) for $5.30 per share

POTENTIAL DEAL DETAILS

Echo Lake Capital and Deerhaven Capital issued a letter to the Board of Directors of U.S. Global Investors, Inc. (GROW). The letter described a proposal to acquire all of the Company’s Class A shares for $5.30 per share.

Update(s):

July 03, 2022: U.S. Global Investors (GROW) rejects Proposal from Echo Lake Capital and Deerhaven Capital stating that it does not believe the Proposal provides the Company’s shareholders with appropriate value for their securities and therefore is not interested in pursuing the Proposal based on the terms submitted.

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