Meridian Holdings Inc SEC Filings

Golden Matrix Group (GMGI) filed a Form 4 reporting an open‑market purchase by its CFO. On 11/06/2025, the reporting person bought 10,000 shares of common stock, coded “P” for purchase.

The weighted price reported was $0.99 per share, with individual trade prices ranging from $0.98 to $0.99, inclusive. Following these transactions, the reporting person beneficially owns 130,000 shares, held directly.

Golden Matrix Group (GMGI) reported insider buying by its CFO, Richard Christensen, via a Form 4. He purchased 15,000 shares of common stock on 11/03/2025 at a price reported as $1.02, lifting his beneficial ownership to 110,000 shares. He then purchased 10,000 shares on 11/04/2025 at $0.99, bringing his holdings to 120,000 shares.

Both were open‑market purchases reported as direct ownership. Footnotes note the trades were executed in multiple transactions within stated price ranges on each date.

Golden Matrix Group (GMGI) furnished its quarterly results materials for the three-month period ended September 30, 2025. The company provided a press release and an investor presentation, with a related webcast available on its website.

The materials are furnished under Item 2.02 and not deemed filed. The company references non-GAAP financial measures; reconciliations to comparable GAAP metrics are included in the press release and presentation (Exhibits 99.1 and 99.2).

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.