4/A: Golden Matrix Group Investor Amends Filing to Correct Share Purchase Omission

Aleksandar Milovanovic amends a previous SEC filing to include an additional purchase of 14,627 shares of Golden Matrix Group, Inc. common stock.

Summary

• Aleksandar Milovanovic filed an amendment to a Form 4, initially filed on March 6, 2025, to correct an administrative error.
• The error omitted the purchase of 14,627 shares of Golden Matrix Group, Inc. (GMGI) common stock on March 4, 2025.
• The amended filing includes the corrected number of shares beneficially owned, as well as adjustments to the minimum and maximum sales prices.
• Milovanovic directly owns 79,199,291 shares of common stock after the corrected transaction.
• The shares were purchased at prices ranging from $1.96 to $2.05.
• Milovanovic is part of a voting agreement with other parties, including the Issuer, Anthony Brian Goodman, Luxor Capital LLC, Zoran Milosevic and Snezana Bozovic, potentially forming a group that owns more than 10% of the Issuer's outstanding shares.
• Milovanovic disclaims beneficial ownership of securities owned by other members of the voting agreement and states that the filing should not be considered an admission of being part of a 'group' under Section 13(d)(3) of the Exchange Act.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain information that would significantly impact investor sentiment positively or negatively. The voting agreement adds a layer of complexity but is not inherently negative.

Risks

• The voting agreement could potentially trigger disclosure requirements and scrutiny under Section 13(d) of the Securities Exchange Act of 1934.
• The disclaimer of beneficial ownership of other group members' shares could be challenged.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for publicly traded companies. The voting agreement is a notable aspect, as it could indicate a coordinated effort among shareholders to influence company decisions.

Key Dates

Keywords

Golden Matrix Group, GMGI, SEC Form 4, Beneficial Ownership, Share Purchase, Amendment, Voting Agreement, Aleksandar Milovanovic