Golden Matrix (NASDAQ: GMGI), a developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, is moving forward on the acquisition of MeridianBet Group. According to the announcement, GMGI stockholders approved the terms of the merger, which included the issuance of shares of common stock. The transaction was initially announced in June 2023. The announcement reported that stockholders representing 32,406,412 shares of the company’s capital stock entitled to vote were present or voted by proxy at the meeting. The company also noted that, while the completion of the purchase is subject to the satisfaction of certain other closing conditions, the company is working toward completing the transaction, which is anticipated in April 2024. “We are extremely pleased with the shareholder vote and believe that the strong support expressed by our stockholders for the acquisition reflects their belief that the acquisition provides a compelling opportunity to grow our operations, global footprint and the overall business,” said Golden Matrix CE and chair Brian Goodman in the press release.
To view the full press release, visit https://ibn.fm/1LMBY
About Golden Matrix Group Inc.
Golden Matrix Group, based in Las Vegas, Nevada, is an established business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company operating across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients. RKings, GMGI’s B2C division, operates a high-volume ecommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company also owns and operates MEXPLAY, a regulated online casino in Mexico. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com.
NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI
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