Golden Matrix converts $8M acquisition consideration to equity, extends $1.1M payment by one year

Meridian Holdings Inc./NV

Entered Ninth Amendment converting $8,000,000 of post-closing cash consideration into 8,000,000 shares of common stock at $1.00 per share.
Remaining $1,099,672 of 18-month non-contingent cash consideration due to sellers extended to October 9, 2026.
Converted $24,000 owed to minority interest holders of Meridian Gaming Ltd. into 18,606 shares at $1.29 per share.
Annual meeting re-elected directors Goodman, McChesney, Smith and Series C directors Scott and Božović; approved executive compensation and ratified M&K CPAS as auditor.

item 1.01 item 3.02 item 8.01 item 5.07 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.7

Meridian Holdings Inc./NV issued common stock to Milovanović.

Security: common stock
Purchaser: Milovanović

Exact text from the filing

The Company claims, and plans to claim, an exemption from registration pursuant to Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act of 1933, as amended (the “ Securities Act ”), for the issuance of the Milovanović Shares and Minority Interest Holder Shares, since the offer and sale of such securities did not involve a public offering and the recipient was an “ accredited investor ”.

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.7

Meridian Holdings Inc./NV issued common stock to Minority Interest Holders.

Security: common stock
Purchaser: Minority Interest Holders

Exact text from the filing

The Company claims, and plans to claim, an exemption from registration pursuant to Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act of 1933, as amended (the “ Securities Act ”), for the issuance of the Milovanović Shares and Minority Interest Holder Shares, since the offer and sale of such securities did not involve a public offering and the recipient was an “ accredited investor ”.

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Meridian Holdings Inc./NV filing history →

Source: SEC EDGAR

accession 0001477932-25-008040

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