Golden Matrix Group Approves 1-for-12 Reverse Stock Split

Reuters02-26

<a href="https://laohu8.com/S/GMGI">Golden Matrix</a> Group Approves 1-for-12 Reverse Stock Split

Golden Matrix Group Inc. said its board approved a 1-for-12 reverse stock split of its common stock, with shares expected to begin trading on a split-adjusted basis on March 3, 2026. The move is intended to raise the nominal share price to help the company meet Nasdaq’s minimum bid requirement, and it will reduce shares outstanding to about 12.64 million from about 151.69 million. The company also plans to change its name to Meridian Holdings Inc. and expects the ticker to change to MRDN effective the same date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Golden Matrix Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-001050), on February 26, 2026, and is solely responsible for the information contained therein.

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