Golden Matrix Group, INC

Market Movers (8-K)

Meridian Holdings Inc. announces executive and board appointments, including a new CEO, CFO, and independent director, alongside the departure of its CFO.
Meridian Holdings Inc. announced its second quarter 2026 financial results, showcasing a 16% year-over-year revenue increase to $50.2 million and achieving its second consecutive quarter of GAAP profitability.
Capital raise
Meridian Holdings Inc. announced first-quarter 2026 financial results, showing a 17% year-over-year revenue increase to $50.1 million and a return to profitability with $2.2 million in net income.
Better than expected
Meridian Holdings Inc. announced record full-year 2025 revenue of $182.9 million, alongside a significant net loss of $92 million primarily due to a non-cash impairment charge.
Worse than expected
Capital raise
Meridian Holdings Inc. (formerly Golden Matrix Group, Inc.) has completed a 1-for-12 reverse stock split and name change to maintain Nasdaq listing and reflect its holding company status.
Golden Matrix Group's board approved a 1-for-12 reverse stock split and a name change to Meridian Holdings Inc. to comply with Nasdaq listing requirements.
Capital raise

Quarterly Earnings (10-Q)

Meridian Holdings Inc. announced a significant revenue increase of 16% for the second quarter of 2026, driven by strong performance in online casino and sports betting operations.
Better than expected
Capital raise
Meridian Holdings Inc. reports a significant increase in net income for Q1 2026, driven by strong revenue growth across its online casino and sports betting segments.
Capital raise
Better than expected
Golden Matrix Group, Inc. announced a 15% revenue increase in Q3 2025, turning a net loss into a profit, though year-to-date results show a net loss despite significant top-line growth.
Delay expected
Capital raise
Golden Matrix Group, Inc. reported a net loss for the second quarter and first half of 2025, driven by significantly increased operating and interest expenses despite strong revenue growth from its gaming and betting operations.
Worse than expected
Capital raise
Golden Matrix Group's Q1 2025 revenue increased by 72% year-over-year, driven by the acquisition of MeridianBet Group, but the company reported a net loss for the quarter.
Worse than expected
Capital raise
Golden Matrix Group files an amendment to its Q3 2024 quarterly report to include required XBRL tagging, with certifications from the CEO and CFO.

Annual Reports (10-K)

Meridian Holdings grew FY2025 revenue 21% to $182.9M but booked $91.8M of non‑cash impairments, swinging to a $92.0M net loss and ending the year with a $24.1M working capital deficit.
Delay expected
Worse than expected
Capital raise
Golden Matrix Group files an amendment to its 2024 Annual Report on Form 10-K to include required XBRL tagging and restate certain items.
Golden Matrix Group, Inc. files an amendment to its annual report on Form 10-K to include previously omitted disclosures related to directors, executive compensation, security ownership, related transactions, and principal accountant fees.
Golden Matrix Group's 10-K filing reveals a year of significant transformation marked by the acquisition of MeridianBet Group, impacting financial performance and strategic direction.
Worse than expected
Capital raise
Golden Matrix Group, Inc. released its annual 10-K report, outlining its business operations, financial performance, and strategic initiatives across its B2B and B2C segments.
Worse than expected
Capital raise

Insider Trading (Form 4)

Anthony Brian Goodman, former Director and CEO of Meridian Holdings Inc., reported the sale of a significant number of company shares between June 15 and June 23, 2026.
Former CEO Anthony Goodman sold 26,000 shares of Meridian Holdings Inc. across three days in June 2026.
Anthony Brian Goodman, a director and former CEO of Meridian Holdings Inc., reported the sale of 5,000 shares of common stock on May 22, 2026.
Former CEO Anthony Goodman and Luxor Capital LLC reported the sale of 10,000 shares of Meridian Holdings Inc. common stock.
Former COO Weiting Feng acquired 3,125 shares of Meridian Holdings common stock following the vesting of restricted stock units.
CFO Richard Christensen acquired 4,687 shares of Meridian Holdings common stock following the vesting of restricted stock units tied to fiscal 2025 performance targets.

Proxy Statements (Def-14A)

Golden Matrix Group, Inc. announces its 2025 Annual Meeting of Stockholders to vote on director appointments, executive compensation, and auditor selection.
Golden Matrix Group, Inc. announces its 2025 Annual Meeting of Stockholders to be held virtually on November 6, 2025, to vote on director elections, executive compensation, and auditor ratification.
Worse than expected
Capital raise
Golden Matrix Group announces the departure of CFO Omar Jimenez and the appointment of Weiting Cathy Feng as the new CFO, effective September 9, 2024.
Golden Matrix Group announces its 2024 annual meeting of stockholders to be held on October 7, 2024, to vote on director appointments and auditor ratification.
Golden Matrix Group will hold its annual stockholders meeting on October 7, 2024, to vote on the appointment of board members and the selection of an independent accounting firm.
Golden Matrix Group will hold its 2024 annual meeting on October 7, 2024, to vote on the election of directors and the ratification of the appointment of auditors.

Schedule 13D - Activist Investments

Meridian Holdings Inc. (formerly Golden Matrix Group, Inc.) files Amendment No. 9 to its Schedule 13D, detailing significant share transactions by Anthony Brian Goodman and Luxor Capital, LLC.
Worse than expected
Golden Matrix Group's key shareholders, including MeridianBet Group executives, have significantly increased their beneficial ownership through debt-to-equity conversions and open market purchases, while restructuring board governance.
Delay expected
Capital raise
Golden Matrix Group's CEO, Anthony Brian Goodman, received new performance-based Restricted Stock Units, established a new plan to sell up to 500,000 shares, and amended a key voting agreement impacting board composition and management authority.