secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001477932-24-006775
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GMGI amends $12M convertible note; partial stock payment, extended market cap covenant
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- Amendment to $12M senior secured convertible note with Lind Global on Oct 30, 2024.
- October 2024 amortization payment split: $100,000 in common shares and $515,000 in cash.
- Market capitalization default covenant extended: applies after March 3, 2025 instead of Dec 3, 2024.
- Company represents no material adverse effect since note issuance date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793224006775/0001477932-24-006775-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793224006775/gmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-006775

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