Golden Matrix converts $1.165M debt to equity, issues 647K shares at $1.80

Meridian Holdings Inc./NV

Converted $1,165,358 of contingent cash consideration from Meridian acquisition into 647,422 restricted shares at $1.80/share.
Debt conversion fully satisfies remaining cash obligation to former Meridian owner Aleksandar Milovanović.
Shares issued in private placement exempt under Section 4(a)(2) and Rule 506; no registration, legend applied.
Company also entered into indemnification agreements with all directors and executive officers on Feb 24, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.