Tether Completes $150M PIPE Investment in Gold.com, Inc., Securing 11.8% Stake

On May 7, 2026, Tether Global Investments Fund, S.I.C.A.F., S.A., its subsidiary TPM, S.A. de C.V., and Giancarlo Devasini (collectively, the Reporting Persons) filed an Amendment No. 1 to Schedule 13D regarding their investment in Gold.com, Inc. (ticker: AMRK). The filing confirms the completion of a $150 million private placement (PIPE Financing) originally entered into on February 4, 2026. The transaction was settled in two tranches: the first for 2,840,449 shares in February 2026 and the second for 530,338 shares on May 5, 2026, following HSR Act clearance. The Reporting Persons now beneficially own 3,370,787 shares, representing 11.8% of the issuer's common stock. The Reporting Persons acquired these shares at $44.50 per share with the intent to exercise control and participate in the issuer's strategic direction. Under an Investor Rights Agreement, TPM has the right to nominate board members, with Juan Jose Sartori appointed effective March 16, 2026. Additionally, Gold.com used $20 million of the proceeds to acquire Tether's gold-backed stablecoin, XAUT, as part of broader commercial arrangements.