Meridian Holdings Announces Reverse Stock Split and Name Change to Enhance Capital Markets Positioning

Golden Matrix Group is changing its name to Meridian Holdings and implementing a 1-for-12 reverse stock split to meet Nasdaq's minimum bid requirements. The name change and stock split are expected to take effect on March 3, 2026, with shares trading under the ticker "MRDN". The reverse stock split will reduce the number of issued and outstanding shares from 151,692,749 to 12,641,062.