Welcome to our dedicated page for Meridian Holdings SEC filings (Ticker: MRDN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Meridian Holdings Inc. filings document material-event disclosures for an online sports betting and gaming-platform operator and licensor. Recent Form 8-K reports cover operating and financial results, debt and balance-sheet metrics, share repurchase authorization, executive and board governance matters, and Regulation FD disclosures tied to company announcements.
The filing record also documents the company’s completed transition from Golden Matrix Group to Meridian Holdings, including the name change, 1-for-12 reverse stock split and related capital-structure disclosures. These filings describe the company’s common stock, Nasdaq Capital Market listing context, governance actions, shareholder-rights changes and recurring reporting around its B2B and B2C gaming operations.
Meridian Holdings posted a strong Q1 2026, with revenue of $50.1 million, up 17% year over year as its Meridianbet operations scaled. Gross profit rose to $28.1 million with a 56.2% margin, broadly in line with last year.
The company returned to GAAP profitability, generating $2.2 million in net income, or $0.18 per diluted share, versus a small loss a year ago. Adjusted EBITDA increased 26% to $6.3 million, above the $6.1 million target, and margin expanded to 12.6%.
Meridian strengthened its balance sheet with $16.2 million of cash, total debt of $29.7 million (down 54% year over year), net debt of $13.4 million (down 62% year over year), and a net debt leverage ratio of 0.53x. Operating cash flow was $5.2 million. The company issued revenue guidance of $51–53 million, implying 18%–23% growth over revenue of $43.2 million.
Meridian Holdings Inc. reported a strong turnaround for the quarter ended March 31, 2026. Revenue rose to $50,103,870 from $42,723,053 a year earlier, lifting gross profit to $28,144,240.
The company generated net income attributable to Meridian of $2,260,795, compared with a prior-year loss of $(231,608), equal to basic and diluted earnings of $0.18 per share versus a loss of $(0.02) per share. Operating cash flow was a positive $5,155,437, although cash and cash equivalents declined to $16,234,441 from $18,078,300 at year-end.
Total assets were $111,867,270 and total liabilities $61,436,870, leaving total equity of $50,430,400. The quarter reflects ongoing integration of recent acquisitions, including the MeridianBet Group, Classics Holdings and Fair Bet, and follows a 1-for-12 reverse stock split and corporate name change to Meridian Holdings Inc.
Luxor Capital LLC reported multiple sales of common stock in Form 144 filings, including transactions of 20,000 shares for $140,560 on 04/08/2026 and 10,000 shares for $63,400 on 04/24/2026. The filings list numerous additional sale dates and amounts between 03/11/2026 and 04/24/2026.
Meridian Holdings Inc./NV insider activity shows shares associated with former director and former CEO Anthony Brian Goodman being sold through Luxor Capital LLC, which is wholly owned by him. Luxor is identified as part of a greater than 10% filing group.
Across several open-market transactions in Common Stock, a total of 8,883 shares were sold at prices ranging from $6.34 to $7.00 per share, according to the Form 4 data and related footnotes.
Meridian Holdings Inc./NV (MRDN) reported insider stock sales by an entity associated with a major shareholder. Luxor Capital LLC, which is wholly-owned by former director and CEO Anthony Brian Goodman, sold a total of 38,616 shares of MRDN common stock in open-market transactions between April 8 and April 15, 2026 at prices generally between $6.90 and $7.03 per share. Following these sales, the filing shows 532,542 shares of common stock held directly, indicating Goodman remains a significant shareholder despite trimming his position.
Meridian Holdings Inc./NV insider filings show open-market sales of Common Stock by a reporting group including former director and CEO Anthony Brian Goodman. The group sold a total of 1,254 shares across two transactions. On March 31, 2026, 248 shares were sold at $7.25 per share. On April 7, 2026, 1,006 shares were sold at $6.90 per share. After the April 7 sale, the reporting person held 571,176 shares directly. A separate holding entry dated March 31 reports 808,673 shares of Common Stock held directly, including shares held by Luxor Capital LLC, which is wholly-owned by Mr. Goodman.
Meridian Holdings Inc./NV insider activity: Luxor Capital LLC, which is wholly owned by former director and former CEO Anthony Brian Goodman, reported open-market sales of Meridian common stock. On March 25–26, 2026, it sold a total of 6,437 shares at prices around $7.75–$7.94 per share, in multiple transactions within stated ranges between $7.70 and $8.13. After these sales, 572,430 shares of common stock are reported as directly held, indicating Goodman remains a significant shareholder.
Meridian Holdings Inc./NV insider activity: Luxor Capital LLC, which is wholly owned by former director and former CEO Anthony Brian Goodman, reported open-market sales of Meridian common stock. On March 25–26, 2026, it sold a total of 6,437 shares at prices around $7.75–$7.94 per share, in multiple transactions within stated ranges between $7.70 and $8.13. After these sales, 572,430 shares of common stock are reported as directly held, indicating Goodman remains a significant shareholder.
Meridian Holdings reported record full-year 2025 revenue of $182.9 million, up 21%, and fourth quarter revenue of $49.6 million, up 8% from the prior year. Gross profit rose to $103.5 million, a 17% increase, but the company recorded a 2025 net loss of $92 million, or $7.76 per share, driven mainly by a $91.8 million non-cash goodwill and intangible asset impairment linked to a sustained share price decline. Adjusted EBITDA was $19.4 million for the year and $4.6 million for the quarter, both below 2024 as Meridian increased selling and marketing spend to grow customers. The company ended 2025 with cash of $18.1 million, total debt of $34.7 million (down 51%) and a net debt leverage ratio of 0.86. For Q1 2026, Meridian preliminarily expects revenue of about $50 million, up roughly 17%, and Adjusted EBITDA of about $6.1 million, up roughly 9% year over year.
Meridian Holdings reported record full-year 2025 revenue of $182.9 million, up 21%, and fourth quarter revenue of $49.6 million, up 8% from the prior year. Gross profit rose to $103.5 million, a 17% increase, but the company recorded a 2025 net loss of $92 million, or $7.76 per share, driven mainly by a $91.8 million non-cash goodwill and intangible asset impairment linked to a sustained share price decline. Adjusted EBITDA was $19.4 million for the year and $4.6 million for the quarter, both below 2024 as Meridian increased selling and marketing spend to grow customers. The company ended 2025 with cash of $18.1 million, total debt of $34.7 million (down 51%) and a net debt leverage ratio of 0.86. For Q1 2026, Meridian preliminarily expects revenue of about $50 million, up roughly 17%, and Adjusted EBITDA of about $6.1 million, up roughly 9% year over year.
Meridian Holdings Inc., formerly Golden Matrix Group, files its annual report describing a major transformation into a global sports betting and iGaming group. The company completed the MeridianBet Acquisition, making MeridianBet its primary operating platform across more than 15 jurisdictions with about 740 betting shops and around 1,200 employees. On March 3, 2026 it implemented a 1‑for‑12 reverse stock split, cutting authorized common shares from 300 million to 25 million and outstanding shares from 151.7 million to 12.6 million, and changed its name to Meridian Holdings Inc., now trading on Nasdaq as “MRDN.” The report highlights SaaS aggregation platform GM‑Ag, UK and Australian prize‑competition businesses, extensive use of proprietary technology and AI‑driven personalization, and a detailed set of risk factors, including significant post‑closing obligations under the MeridianBet Purchase Agreement and exposure to global economic, regulatory and cybersecurity risks.
Meridian Holdings Inc., formerly Golden Matrix Group, files its annual report describing a major transformation into a global sports betting and iGaming group. The company completed the MeridianBet Acquisition, making MeridianBet its primary operating platform across more than 15 jurisdictions with about 740 betting shops and around 1,200 employees. On March 3, 2026 it implemented a 1‑for‑12 reverse stock split, cutting authorized common shares from 300 million to 25 million and outstanding shares from 151.7 million to 12.6 million, and changed its name to Meridian Holdings Inc., now trading on Nasdaq as “MRDN.” The report highlights SaaS aggregation platform GM‑Ag, UK and Australian prize‑competition businesses, extensive use of proprietary technology and AI‑driven personalization, and a detailed set of risk factors, including significant post‑closing obligations under the MeridianBet Purchase Agreement and exposure to global economic, regulatory and cybersecurity risks.
Meridian Holdings Inc./NV insiders reported open-market sales of 19,500 shares of Common Stock across three transactions. The sales, made at prices between $8.50 and $9.75 per share, were executed by Luxor Capital LLC, which is wholly-owned by former director and former CEO Anthony Brian Goodman. Following these transactions, the reporting persons collectively held 578,867 shares of Meridian Holdings Common Stock.
Meridian Holdings Inc./NV insiders reported open-market sales of 19,500 shares of Common Stock across three transactions. The sales, made at prices between $8.50 and $9.75 per share, were executed by Luxor Capital LLC, which is wholly-owned by former director and former CEO Anthony Brian Goodman. Following these transactions, the reporting persons collectively held 578,867 shares of Meridian Holdings Common Stock.