secwatch.observer — SEC 8-K summary
======================================

Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001477932-26-001050
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Matrix Group announces 1-for-12 reverse split, name change to Meridian Holdings, effective March 3
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793226001050/0001477932-26-001050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793226001050/gmgi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-001050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer