secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001477932-25-001262
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225001262/0001477932-25-001262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793225001262/gmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-001262

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