Golden Matrix converts $9.57M Meridianbet acquisition debt to equity; issuers 4.9M shares

Meridian Holdings Inc./NV

Meridianbet founders converted $9,570,460 of acquisition debt into 4,906,326 shares of GMGI common stock.
$9,445,460 from Milovanović at $1.95/share; $125,000 from Milošević and Božović at $2.00/share.
Remaining post-closing cash consideration reduced to $250,000, due by October 9, 2025.
Conversion strengthens GMGI balance sheet; founders express confidence in long-term growth.

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