Golden Matrix repays $7.2M Lind Global convertible note early; no dilution

Meridian Holdings Inc./NV

Prepaid $7.2M remaining balance of $12M Lind Global note using cash on hand; eliminates debt.
No shares were issued in the repayment, avoiding dilution to existing shareholders.
Meridian founders recently converted $9.57M of acquisition-related debt into equity.
CEO cites strong performance and growth trajectory as basis for debt elimination.
Expected to improve Net Debt Ratio and provide enhanced financial flexibility.

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