Golden Matrix Group (GMGI) Registration Filing summary

Company overview and business model

• Operates online sports betting, online casino, and gaming in over 15 jurisdictions across Europe, Africa, and the Americas.

• Provides enterprise SaaS solutions for iGaming operators and offers pay-to-enter prize competitions in the UK and trade promotions in Australia.

• Recently acquired 100% of MeridianBet Group, expanding its international footprint.

Financial performance and metrics

• As of June 2, 2025, had 138,591,616 shares of common stock outstanding, with a public float valued at approximately $43.9 million.

• In the past 12 months, sold 106,654 shares for gross proceeds of about $194,844.

• Net tangible book value as of March 31, 2025, was ($22.3 million), or ($0.17) per share; pro forma net tangible book value after recent transactions was ($12.6 million), or ($0.09) per share.

• After the offering, pro forma net tangible book value would be $0.01 per share, with immediate dilution of $1.78 per share to new investors at an assumed offering price of $1.79.

Use of proceeds and capital allocation

• Net proceeds will be used for working capital, general corporate purposes, and capital expenditures.

• May use a portion for acquisitions or investments in complementary businesses, though no current commitments exist.

• Pending use, proceeds may be invested in short-term, interest-bearing instruments.