Golden Matrix Group (GMGI) files Form 144 for 50,000-share sale

Rhea-AI Filing Summary

Golden Matrix Group filed a Form 144 reporting a proposed sale of 50,000 common shares through Oppenheimer & Co. on NASDAQ with an aggregate market value of $67,535. The filing shows those shares were acquired on 09/16/2021 as compensation from the issuer.

The notice also discloses six prior sales by Anthony Brian Goodman between 06/30/2025 and 08/04/2025, each of 50,000 shares, generating combined gross proceeds of $496,910. Total shares outstanding are listed as 139,483,065, so the proposed 50,000-share sale is a very small fraction of the outstanding stock. The filer certifies no undisclosed material adverse information.

Positive

• Required Rule 144 disclosure completed with acquisition details, broker, exchange, and prior sales listed
• Clear representation that the filer does not possess undisclosed material adverse information

Negative

• None.

Insights

Securities Analyst

TL;DR Routine Rule 144 disclosure of incremental insider sales; amounts are small relative to shares outstanding.

The filing documents a proposed sale of 50,000 common shares (aggregate market value $67,535) and six prior 50,000-share sales totaling 300,000 shares and $496,910 in gross proceeds. With 139,483,065 shares outstanding, the proposed sale equals roughly 0.036% of outstanding shares and prior sales equal ~0.215%. Based solely on disclosed figures, these transactions are small and unlikely to be immediately material to the company’s market capitalization, but they are relevant for monitoring insider activity.

Corporate Governance Expert

TL;DR Form 144 appears complete and consistent with disclosure obligations; repeated small sales are disclosed but show compliance, not necessarily concern.

The notice includes acquisition details (shares acquired on 09/16/2021 as compensation), broker identification (Oppenheimer & Co.), and a representation that the signer is not aware of undisclosed material adverse information. From a governance perspective, the filing meets Rule 144 content requirements and provides a clear record of recent insider dispositions, enabling investors to assess selling patterns without the need for additional company disclosures in this filing.

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	67535.00	139483065	08/11/2025	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	08/04/2025	50000	74710.00
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	07/21/2025	50000	81435.00
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	07/07/2025	50000	85400.00
Anthony Brian Goodman 3651 Lindell Rd Las Vegas NV 89103	Common	06/30/2025	50000	87250.00

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 does the GMGI Form 144 disclose about the proposed sale?

The filing shows a proposed sale of 50,000 common shares via Oppenheimer & Co. on NASDAQ with an aggregate market value of $67,535 and an approximate sale date of 08/11/2025.

Who conducted recent insider sales disclosed in the GMGI filing?

The securities sold during the past three months are listed under the name Anthony Brian Goodman, with six separate sales of 50,000 shares each.

When were the shares being offered acquired by the filer?

The acquisition table shows the offered 50,000 shares were acquired on 09/16/2021 as compensation from the issuer, with payment dated 09/16/2021.

How many shares does GMGI have outstanding according to the filing?

The filing lists 139,483,065 shares outstanding.

How much did prior insider sales generate in gross proceeds?

Six prior sales of 50,000 shares each generated combined gross proceeds of $496,910 as shown in the filing.

Does the filing state whether the filer knows of any undisclosed material information?

Yes. The signer represents by signing the notice that they do not know any material adverse information regarding the issuer that has not been publicly disclosed.