Golden Matrix converts $500K of post-closing consideration to common stock for MeridianBet seller

Meridian Holdings Inc./NV

$500K of $10M 18-month post-closing cash consideration owed to Milovanović converted into GMGI common stock.
First two tranches: $100K @ $1.23/share (83,300 shares) and $100K @ $1.02/share (98,039 shares) issued as of Sept 9, 2025.
Three remaining weekly $100K tranches scheduled for Sept 12, 19, 26 at prevailing closing prices.
Remaining $9.3M of 18-month consideration still due to all sellers on or before Oct 9, 2025.
Issuance exempt from registration under Section 4(a)(2)/Reg D; Milovanović is >5% holder and board member.

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