other material
confidence high
sentiment neutral
materiality 0.55
Golden Matrix Group announces 1-for-12 reverse stock split and name change to Meridian Holdings Inc.
Meridian Holdings Inc./NV
- Reverse stock split at 1-for-12 ratio, effective March 3, 2026; outstanding shares reduced from ~151.7M to ~12.6M.
- Name change to Meridian Holdings Inc.; trading symbol changes to 'MRDN' effective March 3, 2026.
- Action taken to regain Nasdaq compliance after bid price deficiency letter on December 31, 2025.
- Authorized common shares reduced from 300M to 25M; no stockholder approval required; fractional shares paid in cash.
- Par value and preferred stock terms unchanged; CUSIP changed to 381098409.