secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K/A
Filed at:   2024-06-04T23:59:59+00:00
Accession:  0001477932-24-003439
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Matrix files Meridianbet audited FY2023: revenue $92.99M, net income $13.70M
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- Meridianbet Group generated $92.99M revenue in FY2023, up 24% YoY from $74.93M.
- Net income attributable to owners was $13.70M in FY2023 vs $15.78M in FY2022, down due to higher SG&A and taxes.
- Total assets at Dec 31, 2023: $79.85M, with $20.41M cash. Total equity $59.99M.
- Consideration includes $30M cash at close (up to $20M from Meridianbet cash), 82.14M GMGI shares at $3, and additional earnouts.
- Acquisition closed Apr 4, 2024; pro forma combined financials now filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793224003439/0001477932-24-003439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793224003439/gmgi_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-003439

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer