Welcome to our dedicated page for Meridian Holdings SEC filings (Ticker: MRDN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Meridian Holdings Inc. (NASDAQ: MRDN), formerly Golden Matrix Group, Inc. (NASDAQ: GMGI), SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. The company, a Nevada corporation based in Las Vegas, changed its corporate name from Golden Matrix Group to Meridian Holdings Inc. effective March 2026, and its common stock now trades on The NASDAQ Capital Market under the symbol MRDN. Through Forms 10-K, 10-Q, 8-K, proxy statements, and other filings, the company reports information that is central to understanding its online gaming and iGaming technology business.
For MRDN, annual reports on Form 10-K and quarterly reports on Form 10-Q contain detailed financial statements, management’s discussion and analysis, risk factors, and segment information relating to its B2B platform licensing, B2C betting operations, and proprietary content divisions such as MeridianBet Group and Expanse Studios. These filings also describe the structure and terms of acquisitions, including the purchase of MeridianBet Group, and provide updates on post-closing obligations and amendments, as reflected in multiple Form 8-K filings.
Current reports on Form 8-K are especially important for tracking material events at Meridian Holdings. Recent 8-Ks have disclosed leadership transitions, including the resignation of a Chief Executive Officer and the appointment of an Interim Chief Executive Officer, director resignations, share repurchase authorization, acquisition-related cash and stock consideration, and unregistered sales of equity securities. Other 8-Ks furnish earnings press releases and presentations, outlining results of operations for specific quarters and describing the use of non-GAAP financial measures.
The company’s Definitive Proxy Statement (DEF 14A) provides insight into governance, executive compensation, equity incentive plans, related-party transactions, and the matters submitted to shareholders at the annual meeting, such as director elections and auditor ratification. Together with other filings, it helps investors evaluate Meridian Holdings’s board structure, voting rights, and compensation policies.
On Stock Titan, these MRDN filings are updated as they appear on EDGAR and are paired with AI-powered summaries that explain the purpose and key points of each document in clear language. Users can quickly review 10-K and 10-Q highlights, understand the implications of 8-K announcements, and examine proxy-related information without reading every page of the underlying filings. The page also offers convenient access to disclosures relevant to capital structure, acquisition agreements, equity issuances, and other regulatory matters that shape Meridian Holdings’s position in the online gaming and multimedia sector.
Meridian Holdings Inc./NV insider activity: Luxor Capital LLC, which is wholly owned by former director and former CEO Anthony Brian Goodman, reported open-market sales of Meridian common stock. On March 25–26, 2026, it sold a total of 6,437 shares at prices around $7.75–$7.94 per share, in multiple transactions within stated ranges between $7.70 and $8.13. After these sales, 572,430 shares of common stock are reported as directly held, indicating Goodman remains a significant shareholder.
Meridian Holdings reported record full-year 2025 revenue of $182.9 million, up 21%, and fourth quarter revenue of $49.6 million, up 8% from the prior year. Gross profit rose to $103.5 million, a 17% increase, but the company recorded a 2025 net loss of $92 million, or $7.76 per share, driven mainly by a $91.8 million non-cash goodwill and intangible asset impairment linked to a sustained share price decline. Adjusted EBITDA was $19.4 million for the year and $4.6 million for the quarter, both below 2024 as Meridian increased selling and marketing spend to grow customers. The company ended 2025 with cash of $18.1 million, total debt of $34.7 million (down 51%) and a net debt leverage ratio of 0.86. For Q1 2026, Meridian preliminarily expects revenue of about $50 million, up roughly 17%, and Adjusted EBITDA of about $6.1 million, up roughly 9% year over year.
Meridian Holdings Inc., formerly Golden Matrix Group, files its annual report describing a major transformation into a global sports betting and iGaming group. The company completed the MeridianBet Acquisition, making MeridianBet its primary operating platform across more than 15 jurisdictions with about 740 betting shops and around 1,200 employees. On March 3, 2026 it implemented a 1‑for‑12 reverse stock split, cutting authorized common shares from 300 million to 25 million and outstanding shares from 151.7 million to 12.6 million, and changed its name to Meridian Holdings Inc., now trading on Nasdaq as “MRDN.” The report highlights SaaS aggregation platform GM‑Ag, UK and Australian prize‑competition businesses, extensive use of proprietary technology and AI‑driven personalization, and a detailed set of risk factors, including significant post‑closing obligations under the MeridianBet Purchase Agreement and exposure to global economic, regulatory and cybersecurity risks.
Meridian Holdings Inc./NV insiders reported open-market sales of 19,500 shares of Common Stock across three transactions. The sales, made at prices between $8.50 and $9.75 per share, were executed by Luxor Capital LLC, which is wholly-owned by former director and former CEO Anthony Brian Goodman. Following these transactions, the reporting persons collectively held 578,867 shares of Meridian Holdings Common Stock.
Meridian Holdings Inc./NV insider activity: Anthony Brian Goodman, a greater-than-10% holder, reported open-market sales of a total of 7,506 shares of Common Stock across four transactions between March 11 and March 16, 2026, at prices generally around $9–$10 per share. The transactions include multiple trades within price ranges noted in the footnotes. Following these sales, Goodman reports direct ownership of 598,367 Common Stock shares, with the shares held through Luxor Capital LLC, which is wholly-owned by him.
Meridian Holdings Inc., formerly Golden Matrix Group, approved a 1-for-12 reverse stock split and a corporate name change to better reflect its role as holding company for MeridianBet Group. Both actions became effective on March 3, 2026.
The reverse split is intended to help the company meet Nasdaq’s minimum $1.00 per share bid price requirement for continued listing. Authorized common shares were reduced from 300 million to 25 million and issued and outstanding shares from 151.7 million to 12.6 million, with fractional shares cashed out.
The company’s Nasdaq ticker changed from GMGI to MRDN, and a new CUSIP was assigned. Options, warrants and preferred stock conversion ratios were adjusted proportionately so that shareholder ownership percentages and voting power remain essentially unchanged.
Golden Matrix Group is implementing a 1-for-12 reverse stock split of its common stock and changing its name to Meridian Holdings Inc. to support compliance with Nasdaq’s minimum bid price rule and reposition its capital structure.
The split, name change and new ticker “MRDN” are expected to become effective at 12:01 AM ET on March 3, 2026, with trading on a split-adjusted basis beginning that day. Issued and outstanding common shares will be reduced from 151,692,749 to 12,641,062, and authorized common shares will decrease from 300,000,000 to 25,000,000, without changing par value.
All shareholders will be affected proportionally, preserving ownership percentages and voting power, aside from cash paid in lieu of fractional shares. Equity awards, plan reserves and warrants will be adjusted to reflect the new share count, and no action is required for most brokerage or book-entry holders.
Golden Matrix Group, Inc. updated its leadership structure. The Board confirmed Executive Chairman and Interim Chief Executive Officer William Scott as President of the company, effective February 19, 2026. Chief Financial Officer Rich Christensen was also appointed Treasurer on the same date, consolidating his financial responsibilities.
The company states that Mr. Scott and Mr. Christensen are not party to any other material arrangements tied to these roles, beyond existing indemnification agreements, a nominating and voting agreement related to Series C Preferred Stock, and Mr. Christensen’s employment agreement as previously described in the company’s proxy materials. The filing also confirms there are no family relationships between either executive and other directors or officers.
Golden Matrix Group reported that board member Thomas E. McChesney resigned from the Board of Directors and all committee roles, effective December 12, 2025. He previously served on the Audit and Nominating and Corporate Governance Committees and chaired the Compensation Committee.
Under a Director Separation Agreement, the company paid Mr. McChesney $60,000 in cash for past board service and in lieu of 2025 board incentive compensation he was eligible to earn, and all of his unvested restricted stock units were forfeited. The agreement includes mutual release, confidentiality, and non-disparagement provisions.
The company stated that his resignation did not result from any dispute or disagreement with management, the Board, or company policies. The Board has begun a process to identify candidates to fill his vacancy and the independent director vacancy created when William Scott became Interim Chief Executive Officer, and plans to appoint new independent directors as soon as practicable.
Golden Matrix Group, Inc. reporting person Anthony Brian Goodman, a director, former CEO and more than 10% owner, disclosed several equity transactions in December 2025. He sold 50,000 shares of common stock on December 8 at prices ranging from $0.72 to $0.82 per share and another 50,000 shares on December 15 at prices ranging from $0.78 to $0.83 per share, all under a Rule 10b5-1 trading plan.
On December 12, 2025, 300,000 restricted stock units held by Mr. Goodman vested in full upon his resignation as an officer and director under a Severance and Release Agreement and were settled in shares of common stock. That same day, he converted 1,000 shares of Series B Voting Preferred Stock into 1,000,000 shares of common stock in accordance with the optional conversion terms. Following these transactions, he continued to beneficially own substantial common stock directly and through his wholly owned Luxor Capital LLC.