<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">

	<schemaVersion>X0202</schemaVersion>
<headerData>
		<submissionType>SCHEDULE 13G/A</submissionType>
		<previousAccessionNumber/>
		<filerInfo>
			<filer>
				<filerCredentials>
					<cik>0001570284</cik>
					<ccc>XXXXXXXX</ccc>
				</filerCredentials>
			</filer>
			<liveTestFlag>LIVE</liveTestFlag>



		</filerInfo>
	</headerData>
	<formData>
		<coverPageHeader>
			<amendmentNo>4</amendmentNo>
			<securitiesClassTitle>CLASS A</securitiesClassTitle>
			<eventDateRequiresFilingThisStatement>06/02/2026</eventDateRequiresFilingThisStatement>
			<issuerInfo>
				<issuerCik>0000754811</issuerCik>
				<issuerName>U.S. GLOBAL INVESTORS, INC.</issuerName>
					<issuerCusips>
						<issuerCusipNumber>902952100</issuerCusipNumber>
					</issuerCusips>
				<issuerPrincipalExecutiveOfficeAddress>
					<com:street1>7900 Callaghan Road</com:street1>
					<com:city>San Antonio</com:city>
					<com:stateOrCountry>TX</com:stateOrCountry>
					<com:zipCode>78299</com:zipCode>
				</issuerPrincipalExecutiveOfficeAddress>
			</issuerInfo>
			<designateRulesPursuantThisScheduleFiled>
				<designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
			</designateRulesPursuantThisScheduleFiled>
		</coverPageHeader>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>Gator Capital Management, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>1100767</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1100767</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>10.65</classPercent>
			<typeOfReportingPerson>IA</typeOfReportingPerson>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>Derek Pilecki</reportingPersonName>
			<citizenshipOrOrganization>X1</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>1100767</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1100767</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>10.65</classPercent>
			<typeOfReportingPerson>IN</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>Gator Financial Partners, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>918175</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>918175</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>8.88</classPercent>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>ECA Fund, LP</reportingPersonName>
			<citizenshipOrOrganization>TX</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>74922</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>74922</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>0.72</classPercent>
			<typeOfReportingPerson>PN</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>Gator Qualified Partners, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>0</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>101670</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>101670</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>0.98</classPercent>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<items>
			<item1>
				<issuerName>U.S. GLOBAL INVESTORS, INC.</issuerName>
				<issuerPrincipalExecutiveOfficeAddress>7900 Callaghan Road, San Antonio, TEXAS 78299</issuerPrincipalExecutiveOfficeAddress>
			</item1>
			<item2>
				<filingPersonName>Gator Capital Management, LLC
Derek Pilecki
Gator Financial Partners, LLC
ECA Fund, LP
Gator Qualified Partners, LLC</filingPersonName>
				<principalBusinessOfficeOrResidenceAddress>2502 N. Rocky Point Dr.
Ste 665
Tampa, FL 33607</principalBusinessOfficeOrResidenceAddress>
				<citizenship>Gator Capital Management, LLC is a Delaware limited liability company
Derek Pilecki is a United States citizen
Gator Financial Partners, LLC is a Delaware limited liability company
ECA Fund, LP a Texas Limited Partnership
Gator Qualified Partners, LLC is a Delaware limited liability company</citizenship>
			</item2>
			<item3>
				<notApplicableFlag>Y</notApplicableFlag>
			</item3>
			<item4>
				<amountBeneficiallyOwned>Gator Capital Management, LLC 1,100,767
Derek Pilecki 1,100,767
Gator Financial Partners, LLC 918,175
ECA Fund, LP 74,922
Gator Qualified Partners, LLC 101,670</amountBeneficiallyOwned>
				<classPercent>Gator Capital Management, LLC 10.65%
Derek Pileck 10.65%
Gator Financial Partners, LLC 8.88%
ECA Fund, LP 0.72%
Gator Qualified Partners, LLC 0.98</classPercent>
				<numberOfSharesPersonHas>
					<solePowerOrDirectToVote>N/A
Class A Shares are non-voting</solePowerOrDirectToVote>
					<sharedPowerOrDirectToVote>N/A
Class A Shares are non-voting</sharedPowerOrDirectToVote>
					<solePowerOrDirectToDispose>N/A
N/A
N/A</solePowerOrDirectToDispose>
					<sharedPowerOrDirectToDispose>Gator Capital Management, LLC 1,100,767
Derek Pilecki 1,100,767
Gator Financial Partners, LLC 918,175
ECA Fund, LP 74,922
Gator Qualified Partners, LLC 101,670</sharedPowerOrDirectToDispose>
				</numberOfSharesPersonHas>
			</item4>
			<item5>
				<notApplicableFlag>N</notApplicableFlag>
				<classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
			</item5>
			<item6>
				<notApplicableFlag>Y</notApplicableFlag>
			</item6>
			<item7>
				<notApplicableFlag>Y</notApplicableFlag>
			</item7>
			<item8>
				<notApplicableFlag>Y</notApplicableFlag>
			</item8>
			<item9>
				<notApplicableFlag>Y</notApplicableFlag>
			</item9>
			<item10>
				<notApplicableFlag>N</notApplicableFlag>
				<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
</certifications>
			</item10>
		</items>
		<exhibitInfo>Joint Filing Agreement dated July 1, 2025, among Gator Financial Partners, LLC, Gator Qualified Partners, LLC, Gator Capital Management, LLC, and Derek Pilecki. </exhibitInfo>
		<signatureInformation>
			<reportingPersonName>Gator Capital Management, LLC</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Managing Member</title>
				<date>06/02/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Derek Pilecki</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Individual</title>
				<date>06/02/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Gator Financial Partners, LLC</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Managing Member</title>
				<date>06/02/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>ECA Fund, LP</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Derek Pilecki</title>
				<date>06/02/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Gator Qualified Partners, LLC</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Managing Member</title>
				<date>06/02/2026</date>
			</signatureDetails>
		</signatureInformation>
		<signatureComments>After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.

This Amendment No. 4 to Schedule 13G is being filed to terminate the reporting obligation of the Reporting Persons with respect to the Class A Common Stock (Non-Voting) of U.S. Global Investors, Inc. The Reporting Persons are terminating this Schedule 13G because the Class A shares beneficially owned by the Reporting Persons are non-voting securities and therefore do not constitute voting equity securities subject to Section 13(d) or 13(g) of the Securities Exchange Act of 1934. The Reporting Persons' beneficial ownership of Class A shares has not decreased below 5%; rather, the Reporting Persons have determined that Schedule 13G is inapplicable to non-voting securities. The Reporting Persons' beneficial ownership of Class A shares is being reported separately on Form 3 and Form 4 filed concurrently herewith pursuant to Section 16(a) of the Securities Exchange Act of 1934."</signatureComments>
	</formData>
</edgarSubmission>
