[144] Golden Matrix Group, Inc. SEC Filing
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.
- 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
- None.
Insights
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.
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.