other material
confidence high
sentiment neutral
materiality 0.65
Golden Matrix Group announces 1-for-12 reverse split, name change to Meridian Holdings, effective March 3
Meridian Holdings Inc./NV
- Reverse stock split at 1-for-12 ratio; outstanding shares reduce from 151,692,749 to ~12.6 million.
- Authorized shares reduced from 300 million to 25 million; name changes to Meridian Holdings Inc.
- Effective 12:01 AM ET on March 3, 2026; new ticker MRDN, new CUSIP 381098409.
- Split addresses Nasdaq minimum bid requirement under Listing Rule 5550(a)(2).
- No fractional shares; cash payment in lieu based on prior day's closing price.