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.
Golden Matrix Group (GMGI) reported higher Q3 results following the MeridianBet reverse merger accounting. Revenue for the quarter was $47,316,308, up from $40,992,329 a year ago, with gross profit of $26,386,423. Operating loss narrowed to $387,621, and net income attributable to GMGI was $566,014 (diluted EPS $0.00). Year-to-date, revenue reached $133,284,729 with a net loss attributable to GMGI of $3,249,939.
The balance sheet showed cash of $22,042,638, total assets of $209,775,592, total liabilities of $82,680,497, and total equity of $127,095,095 as of September 30, 2025. Operating cash flow for the nine months was strong at $17,149,595, offset by $15,106,190 used in investing and $17,124,592 used in financing. Shares outstanding were 140,660,454 as of September 30, 2025; 141,237,872 were outstanding as of October 30, 2025.
The company highlighted the April 2024 MeridianBet acquisition, accounted for as a reverse merger, and contributions from Classics for a Cause, which delivered $2,292,529 in Q3 revenue and $132,045 in net income attributable to GMGI.
A reporting person, Aleksandar Milovanovic, converted $100,000 of post-closing cash consideration into common stock of Golden Matrix Group, Inc. (GMGI) on September 26, 2025. The conversion produced 85,470 shares at an effective conversion price equal to the closing sales price on September 26, 2025 ($1.17 per share as reported). After the transaction the Reporting Person directly held 85,328,294 shares. The Form 4 discloses that Milovanovic is a director and may be part of a Voting Agreement that could result in being deemed a member of a group that, in aggregate, beneficially owns more than 10% of the issuer; the filing includes a disclaimer that he disclaims beneficial ownership of securities held by other signatories.
Aleksandar Milovanovic, a director of Golden Matrix Group, Inc. (GMGI), converted $100,000 of post-closing cash consideration into common stock under a Post-Closing Cash Conversion Agreement dated August 29, 2025. On September 19, 2025 the conversion produced 100,775 shares at an effective price equal to the closing sale price on that date ($0.9923 per share), and the Form 4 reports 85,242,824 shares beneficially owned following the transaction (excluding certain voting-group shares). The agreement also provides for an automatic conversion of an additional $100,000 into shares on September 26, 2025 based on that day’s closing price. The filing discloses the Reporting Person is party to a Voting Agreement that may associate him with other signatories who collectively beneficially own more than 10% of the issuer, though he disclaims beneficial ownership of others’ shares.
Aleksandar Milovanovic, a director of Golden Matrix Group, Inc. (GMGI), converted $100,000 of post-closing cash consideration into common stock under a Post-Closing Cash Conversion Agreement dated August 29, 2025. On September 19, 2025 the conversion produced 100,775 shares at an effective price equal to the closing sale price on that date ($0.9923 per share), and the Form 4 reports 85,242,824 shares beneficially owned following the transaction (excluding certain voting-group shares). The agreement also provides for an automatic conversion of an additional $100,000 into shares on September 26, 2025 based on that day’s closing price. The filing discloses the Reporting Person is party to a Voting Agreement that may associate him with other signatories who collectively beneficially own more than 10% of the issuer, though he disclaims beneficial ownership of others’ shares.
Golden Matrix Group, Inc. discloses items for its 2025 annual meeting and related corporate governance and compensation arrangements. The company completed its acquisition of the MeridianBet Group effective April 1, 2024, and reports the Meridian entities as the accounting acquirer under ASC 805. The proxy describes director nominations including Series C Preferred nominees William Scott and Sneana Boovi, voting procedures for a virtual meeting, and broker voting limitations where only Proposal 3 is routine. The filing details multiple amendments and debt-conversion agreements with Meridian sellers converting contingent cash consideration into common shares at specified prices (examples: $4,000,000 converted into 1,333,333 shares at $3.00; October 2024 conversions at $2.00 and $2.30; February 2025 conversion of remaining contingent cash into 647,422 shares at $1.80). Executive compensation disclosures include CEO Anthony Brian Goodman salary history (original $158,400; increased to $174,240 then to $396,000 and contractual minimum 10% annual increases to $435,600 effective Sept 1, 2025) and COO/CFO named officers. The proxy summarizes employment, severance and change-of-control payouts for Meridian executives and equity plan share-authority mechanics (2023 Plan automatic increases and 50,000,000 share cap).
Golden Matrix Group, Inc. discloses items for its 2025 annual meeting and related corporate governance and compensation arrangements. The company completed its acquisition of the MeridianBet Group effective April 1, 2024, and reports the Meridian entities as the accounting acquirer under ASC 805. The proxy describes director nominations including Series C Preferred nominees William Scott and Sneana Boovi, voting procedures for a virtual meeting, and broker voting limitations where only Proposal 3 is routine. The filing details multiple amendments and debt-conversion agreements with Meridian sellers converting contingent cash consideration into common shares at specified prices (examples: $4,000,000 converted into 1,333,333 shares at $3.00; October 2024 conversions at $2.00 and $2.30; February 2025 conversion of remaining contingent cash into 647,422 shares at $1.80). Executive compensation disclosures include CEO Anthony Brian Goodman salary history (original $158,400; increased to $174,240 then to $396,000 and contractual minimum 10% annual increases to $435,600 effective Sept 1, 2025) and COO/CFO named officers. The proxy summarizes employment, severance and change-of-control payouts for Meridian executives and equity plan share-authority mechanics (2023 Plan automatic increases and 50,000,000 share cap).
A reporting person affiliated with Meridian Tech D.O.O. and identified as a director and officer of Golden Matrix Group, Inc. (GMGI) reported multiple conversions of post-closing cash consideration into common stock in September 2025. On September 9, 2025, the reporting person received 81,300 shares at $1.23 and 98,039 shares at $1.02 after converting $200,000 of cash consideration. On September 12, 2025, the reporting person received 99,009 shares at $1.01 from a $10,000 conversion. The filing also discloses an agreement providing for additional automatic conversions of $100,000 on September 19 and $100,000 on September 26, 2025. The report lists aggregate post-transaction beneficial ownership figures and notes membership in a voting agreement with other parties.
A reporting person affiliated with Meridian Tech D.O.O. and identified as a director and officer of Golden Matrix Group, Inc. (GMGI) reported multiple conversions of post-closing cash consideration into common stock in September 2025. On September 9, 2025, the reporting person received 81,300 shares at $1.23 and 98,039 shares at $1.02 after converting $200,000 of cash consideration. On September 12, 2025, the reporting person received 99,009 shares at $1.01 from a $10,000 conversion. The filing also discloses an agreement providing for additional automatic conversions of $100,000 on September 19 and $100,000 on September 26, 2025. The report lists aggregate post-transaction beneficial ownership figures and notes membership in a voting agreement with other parties.
Anthony Brian Goodman, who is listed as Chief Executive Officer, a director and a 10% owner of Golden Matrix Group, Inc. (GMGI), reported a sale of 50,000 shares of the issuer's common stock on 09/02/2025. The Form 4 lists a single aggregated sale with a reported price of $1.05 and a footnote stating the shares were sold in multiple transactions at prices ranging from $0.98 to $1.26. After the reported transaction, the filing shows Mr. Goodman as beneficially owning 8,404,079 shares (direct). The filing also shows Luxor Capital LLC, which the form identifies as wholly owned by Mr. Goodman, holding 7,470,483 shares (indirect). The document is a routine Section 16 disclosure of insider transactions and beneficial ownership.
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.
Richard Christensen, Chief Financial Officer of Golden Matrix Group, Inc. (GMGI), reported an insider purchase. On 09/02/2025 he acquired 20,000 shares of GMGI common stock in transactions priced between $0.98 and $1.15 per share (the Form 4 lists an aggregate price of $1.04). After the reported purchase his beneficial ownership totaled 95,000 shares, held directly. The filing includes a covenant that the reporting person will provide details on the number of shares bought at each separate price within the disclosed range if requested.
Anthony Brian Goodman, who serves as Chief Executive Officer and is a director and 10% owner of Golden Matrix Group, Inc. (GMGI), reported selling 50,000 shares of the issuer's common stock on 08/25/2025 at prices ranging from $1.30 to $1.54. After the sale, Mr. Goodman directly beneficially owned 8,454,079 shares. Separately, Luxor Capital LLC, a vehicle wholly owned by Mr. Goodman, holds 7,470,483 shares; those shares are reported as indirect beneficial ownership. The Form 4 discloses that the shares were sold across multiple transactions within the stated price range and that the reporting person can provide a breakdown of quantities sold at each price upon request.
Richard Christensen, listed as CFO of Golden Matrix Group, Inc. (GMGI), reported purchasing 25,000 shares of the issuer's common stock on 08/26/2025 at prices ranging from $1.25 to $1.35. Following the reported transaction, the filing shows he beneficially owns 75,000 shares. The Form 4 was signed on 08/27/2025 and filed by one reporting person. The reporting person stated they will provide, upon request, a breakdown of how many shares were purchased at each price within the disclosed range.