--- schema_version: "secwatch.filing_event.v1" accession: "0001477932-24-001928" form_type: "8-K" ticker: "MRDN" cik: "0001437925" company_name: "Meridian Holdings Inc./NV" filed_at: "2024-04-09T23:59:59+00:00" generated_at: "2026-06-04T00:53:40.995177+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Golden Matrix closes acquisition of Meridian Companies for $12M cash, stock, and notes ## Summary - Acquired 100% of Meridian Companies effective April 1, 2024, closing on April 9, 2024 - Issued 82,141,857 common shares, 1,000 Series C preferred shares, and $15M promissory notes to sellers - Deferred $18M cash payable by April 26, 2024, with 3% annual interest if unpaid - Sellers now hold 67% voting control; former CEO Goodman lost majority control - Appointed William Scott as director and chairman; Philip Moyes resigned as director ## SEC filing metadata - accession: 0001477932-24-001928 - form_type: 8-K - ticker: MRDN - cik: 0001437925 - company_name: Meridian Holdings Inc./NV - filed_at: 2024-04-09T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 1.0 - calibrated_materiality_score: 1.0 - confidence: high - sec_items: 1.01, 2.01, 5.03, 2.03, 3.02, 3.03, 5.01, 5.02, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1437925/000147793224001928/0001477932-24-001928-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437925/000147793224001928/gmgi_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001477932-24-001928 - JSON: https://secwatch.observer/filing/0001477932-24-001928.json - Plain text: https://secwatch.observer/filing/0001477932-24-001928.txt ## Key facts - Executive change Philip Daniel Moyes resigned as member of the Board of Directors at Meridian Holdings Inc./NV. - Action: resigned - Role: member of the Board of Directors source text: On April 5, 2024, and effective at the closing of the Purchase Agreement, Philip Daniel Moyes resigned as a member of the Board of Directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1437925/000147793224001928/0001477932-24-001928-index.htm - Executive change William Scott was appointed as member of the Board of Directors and Chairman of the Board at Meridian Holdings Inc./NV. - Action: appointed - Role: member of the Board of Directors and Chairman of the Board source text: Effective on April 9, 2024, the Company appointed William Scott as a member of the Board of Directors of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1437925/000147793224001928/0001477932-24-001928-index.htm - Governance Changes Meridian Holdings Inc./NV: Amended articles of incorporation to remove classified board, opt out of Nevada Control Share Act, give stockholders concurrent bylaw amendment power, and increase authorized common stock from 250M to 300M shares (effective 2024-04-04). - Change: charter amendment - Effective: 2024-04-04 source text: On April 4, 2024, the Company filed a combined Certificate of Amendment to its Articles of Incorporation with the Secretary of State of Nevada, amending such Articles of Incorporation to affect each of the Amendments, which filing became effective on April 4, 2024. evidence_url: https://www.sec.gov/Archives/edgar/data/1437925/000147793224001928/0001477932-24-001928-index.htm - Governance Changes Meridian Holdings Inc./NV: Adopted Certificate of Designation for Series C Voting Preferred Stock, designating 1,000 shares with special voting and board appointment rights (effective 2024-04-04). - Change: charter amendment - Effective: 2024-04-04 source text: Additionally, on April 4, 2024, in contemplation of the closing of the transactions contemplated by the Purchase Agreement, and pursuant to the power provided to the Company by the Articles of Incorporation of the Company, as amended, the Company’s Board of Directors approved the adoption of, and filing of, a Certificate of Designation of Golden Matrix Group, Inc. Establishing the Designation, Preferences, Limitations and Relative Rights of Its Series C Preferred Stock (the “ Series C Designation ”), which was filed with, and became effective with, the Secretary of State of Nevada on the same date. evidence_url: https://www.sec.gov/Archives/edgar/data/1437925/000147793224001928/0001477932-24-001928-index.htm - M&A Transactions Meridian Holdings Inc./NV completed an acquisition involving Aleksandar Milovanović, Zoran Milosevic and Snežana Božović (closed 2024-04-09). - Action: acquisition - Counterparty: Aleksandar Milovanović, Zoran Milosevic and Snežana Božović - Closing: 2024-04-09 source text: On April 9, 2024, the Purchase was completed and we acquired 100% of the Meridian Companies, effective for all purposes as of April 1, 2024. evidence_url: https://www.sec.gov/Archives/edgar/data/1437925/000147793224001928/0001477932-24-001928-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.