[144] Golden Matrix Group, Inc. SEC Filing

Rhea-AI Filing Summary

Golden Matrix Group, Inc. (GMGI) Form 144 filing summary: An insider, Anthony Brian Goodman, reports a proposed sale of 50,000 common shares to be executed through Oppenheimer & Co. on 09/02/2025 with an aggregate market value listed as $52,655.00. The shares were acquired as compensation on 09/16/2021 and the filing shows 139,483,065 shares outstanding for the class. The filing also discloses a sequence of recent dispositions by the same person: nine separate sales of 50,000 shares each between 06/30/2025 and 08/25/2025, with reported gross proceeds per sale ranging from $66,995.00 to $87,250.00. The notice includes the seller's representation that no material nonpublic information is known.

Positive

• Filing provides full Rule 144 details including acquisition date, nature of acquisition, broker, and planned sale date, supporting regulatory transparency
• Seller attests no material nonpublic information, meeting the representation required by the form

Negative

• Repeated insider sales: nine 50,000-share dispositions from 06/30/2025 to 08/25/2025 followed by another proposed sale may indicate ongoing insider selling pressure
• Proposed sale size relative to outstanding shares is small but the pattern of sales could be perceived negatively by some investors

Insights

Securities Analyst

TL;DR: Insider plans a modest sale of 50,000 shares after multiple recent disposals, reducing insider holdings relative to public float.

The filing documents a proposed single-block sale of 50,000 common shares through a broker on a specific date, with the shares originally received as compensation in 2021. The filing also records nine prior 50,000-share sales over roughly two months, showing a pattern of scheduled dispositions rather than a one-off trade. For investors, the filing signals continued insider selling activity, but the stated aggregate market value of the proposed sale ($52,655) is small relative to the reported class outstanding (139,483,065 shares), indicating limited direct market-cap impact. All statements are procedural and include the customary attestation about material nonpublic information.

Corporate Governance Expert

TL;DR: Repeated Rule 144 notices show compliance with disclosure rules but indicate ongoing insider liquidity events.

The submission provides required Rule 144 details: acquisition date, nature (compensation), planned broker-assisted sale, and recent historical dispositions by the same person. From a governance perspective, the filing demonstrates adherence to procedural disclosure obligations and the seller's certification about material nonpublic information. The multiple recent sales could reflect routine diversification or liquidity needs rather than governance breaches; the filing itself contains no allegations or regulatory issues.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Oppenheimer & Co, Inc 85 Broad St New York NY 10004	50000	52655.00	139483065	09/02/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/16/2021	Compensation	Issuer			50000	09/16/2021	n/a

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	06/30/2025	50000	87250.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	07/07/2025	50000	85400.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	07/14/2025	50000	87150.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	07/21/2025	50000	81435.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	07/28/2025	50000	80965.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	08/04/2025	50000	74710.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	08/11/2025	50000	67535.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	08/18/2025	50000	66995.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	08/25/2025	50000	70300.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What is the planned insider sale reported in GMGI Form 144?

The filing reports a proposed sale of 50,000 common shares through Oppenheimer & Co. on 09/02/2025 with an aggregate market value of $52,655.00.

Who is the filer and how were the shares acquired?

The filer is Anthony Brian Goodman, and the shares were acquired as compensation on 09/16/2021.

How many shares are outstanding for GMGI common stock per the filing?

The filing lists 139,483,065 shares outstanding for the class.

Has the filer sold other GMGI shares recently?

Yes. The filing discloses nine prior sales of 50,000 shares each between 06/30/2025 and 08/25/2025, with gross proceeds per sale ranging from $66,995.00 to $87,250.00.

Does the filing state whether the seller knows any material nonpublic information?

Yes. By signing the notice the person represents they do not know any material adverse information about the issuer that has not been publicly disclosed.