U S Global Investors (GROW) risk factors

29 risks, 1 new, 1 dropped, 4 reworded since the prior year. A new material weakness threatens accurate, timely reporting and could trigger scrutiny, penalties, litigation, costs, and reputational damage.

29 risks, 2 new, 1 dropped, 9 reworded since the prior year. Revenue concentration in the U.S. Global Jets ETF dropped from 80% to 69% of operating revenues. Material weakness in internal control was remediated. New stablecoin regulations and cryptocurrency exposures were added.

28 risks. Concentration of 79 to 83 percent of average net assets in the U.S. Global Jets ETF dominates revenues. CEO Frank Holmes controls over 99 percent of voting stock via class C shares. A material weakness in internal control over financial reporting affects financial statement accuracy.