Meridian Holdings Inc 8-K, filed Jul 19, 2021
Meridian Holdings Inc. (MRDN)
About this 8-K
Meridian Holdings Inc filed this 8-K on July 19, 2021.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): July 19, 2021
| GOLDEN MATRIX GROUP, INC. |
| (Exact name of registrant as specified in its charter) |
| Nevada |
| 000-54840 |
| 46-1814729 |
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| (IRS Employer Identification No.) |
3651 Lindell Road, Suite D131
Las Vegas, NV 89103
(Address of principal executive offices)(zip code)
Registrant’s telephone number, including area code: (702) 318-7548
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure.
On July 19, 2021, Golden Matrix Group, Inc. (the “Company”, “we” and “us”) filed a press release disclosing the entry into a Software Services Agreement with Playson Ltd (“Playson”), pursuant to which the Company acquired a license to host Playson’s portfolio of casino betting games, a copy of which is attached as Exhibit 99.1 hereto.
The information in Item 7.01 of this Form 8-K and Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. The furnishing of this Report is not intended to constitute a determination by the Company that the information is material or that the dissemination of the information is required by Regulation FD.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. |
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* Furnished herewith.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.
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| GOLDEN MATRIX GROUP, INC. |
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| Date: July 19, 2021 | By: | /s/ Anthony Brian Goodman |
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| Anthony Brian Goodman |
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| Chief Executive Officer |
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EXHIBIT 99.1
Golden Matrix Enters into Agreement with Playson Ltd to Expand GMGI’s Gaming
Portfolio and Its Share in the Online Gaming Market
LAS VEGAS – July 19, 2021 - Golden Matrix Group, Inc. (OTC: GMGI), a developer and licenser of online gaming platforms, systems and gaming content, today announced it has entered into an agreement with Playson Ltd, a leading international game developer providing cutting-edge innovative content in over 17 regulated jurisdictions.
According to the agreement, Playson’s entire portfolio of games, including fan-favorites such as Buffalo Power: Hold and Win, Solar Queen and Legend of Cleopatra: Megaways™, will be featured on GMGI’s state-of-the-art GM-X platform that currently services 488 plus operators and their 4.6 million registered users in the Asia Pacific (APAC) region. The portfolio will also be integrated with GMGI’s aggregate platform (GM-Ag), soon to be launched and expected to be adopted globally by numerous gaming operators in the second half of 2021 and beyond.
“We are excited by this opportunity to further strengthen our brand and market share through the addition of Playson’s state-of-the-art and extremely popular games,” said Golden Matrix CEO Brian Goodman, who contined, “We are confident that these new games will be received enthusiastically by our operators and users on the GM-X platform, and expect this to be an added catalyst for our expansion into new vertical and geographic markets through the GM-Ag platform. The addition of the Playson portfolio for the benefit of all our current and future operators represents another significant step in our efforts to upgrade GMGI’s content offerings and ensure continued revenue growth and success.”
Blanka Homor, Sales Director at Playson, said, “We are delighted to be teaming up with Golden Matrix Group, a leading system provider. As a result of this content distribution deal with Golden Matrix Group, Playson will strengthen its position in the APAC region; and we look forward to entertaining its player base with our diverse range of games.”
About Playson Ltd
Since 2012, Malta-based Playson Ltd has been a leading gambling content developer and provider, with a successful portfolio of online games utilized by a wide range of highly-respected iGaming operators and aggregators. From engaging math and mechanics within the games, to value-adding promotional features, promotional consultancy and regular in-house network promotions, Playson is well-positioned to meet the needs of the most ambitious and advanced iGaming businesses.
About Golden Matrix
Golden Matrix Group, Inc., based in Las Vegas NV, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company's platform can be accessed through both desktop and mobile applications.
Our sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current US law.
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Forward-Looking Statements
Certain statements made in this press release contain forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). These forward-looking statements represent the company’s current expectations or beliefs concerning future events and can generally be identified using statements that include words such as “estimate,” “expects,” “project,” “believe,” “anticipate,” “intend,” “plan,” “foresee,” “forecast,” “likely,” “will,” “target” or similar words or phrases. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the company’s control which could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, but not limited to, the impact of the COVID-19 pandemic on the company; the need for additional financing, the terms of such financing and the availability of such financing; the ability of the company to manage growth and complete acquisitions, and the availability of, and terms of, the funding for such acquisitions; disruptions caused by acquisitions; the company’s reliance on its management; the fact that the company’s chief executive officer has voting control over the company; related party relationships; the potential effect of economic downturns and market conditions on the company’s operations and prospects; the company’s ability to protect proprietary information; the ability of the company to compete in its market; the company’s lack of effective internal controls; dilution caused by efforts to obtain additional financing; the effect of future regulation, the company’s ability to comply with regulations and potential penalties in the event it fails to comply with such regulations; the risks associated with gaming fraud, user cheating and cyber-attacks; risks associated with systems failures and failures of technology and infrastructure on which the company’s programs rely; foreign exchange and currency risks; the outcome of contingencies, including legal proceedings in the normal course of business; the ability to compete against existing and new competitors; the ability to manage expenses associated with sales and marketing and necessary general and administrative and technology investments; and general consumer sentiment and economic conditions that may affect levels of discretionary customer purchases of the company’s products. The company undertakes no obligation to publicly update or revise any of the forward-looking statements, whether because of new information, future events or otherwise, made in this release or in any of its Securities and Exchange Commission (SEC) filings. Consequently, you should not consider any such list to be a complete set of all potential risks and uncertainties. More information on potential factors that could affect the company’s financial results is included from time to time in the “Forward-Looking Statements,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the company’s periodic and current filings with the SEC, including the Form 10-Qs and Form 10-Ks, filed with the SEC and available at www.sec.gov. Forward-looking statements speak only as of the date they are made.
Connect with us:
Twitter - https://twitter.com/GMGI_Group
Instagram - https://www.instagram.com/goldenmatrixgroup/"
Golden Matrix Group
Contact: Scott Yan
info@goldenmatrix.com
www.goldenmatrix.com
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