Golden Matrix Group Files 8-K

TL;DR

GMGI filed an 8-K on Nov 22, 2024, for a material agreement. Details to follow.

AI Summary

Golden Matrix Group, Inc. filed an 8-K on November 25, 2024, reporting an entry into a material definitive agreement and financial statements. The report was filed as of November 22, 2024, and details are provided regarding the company's principal executive offices in Las Vegas, Nevada.

Why It Matters

This filing indicates a significant event or agreement for Golden Matrix Group, Inc., which could impact its business operations and financial standing.

Risk Assessment

Risk Level: medium — The filing of an 8-K often signifies material events, which can introduce uncertainty and potential risk until more details are disclosed.

Key Players & Entities

• Golden Matrix Group, Inc. (company) — Registrant
• November 22, 2024 (date) — Date of Earliest Event Reported
• November 25, 2024 (date) — Filing Date
• 3651 Lindell Road, Suite D131, Las Vegas, NV 89103 (location) — Principal Executive Offices

FAQ

Key Financial Figures

• $0.00001 — nge on which registered Common Stock, $0.00001 Par Value Per Share GMGI The NASDAQ
• $20 million — l, at its option, up to an aggregate of $20 million in shares of its common stock through C
• $50,000 — um for certain specified expenses up to $50,000, plus up to $5,000 for each future quar
• $5,000 — fied expenses up to $50,000, plus up to $5,000 for each future quarterly period that t

Filing Documents

• gmgi_8k.htm (8-K) — 33KB
• gmgi_ex11.htm (EX-1.1) — 195KB
• gmgi_ex51.htm (EX-5.1) — 13KB
• gmgi_ex51img2.jpg (GRAPHIC) — 24KB
• 0001477932-24-007596.txt ( ) — 449KB
• gmgi-20241122.xsd (EX-101.SCH) — 6KB
• gmgi-20241122_lab.xml (EX-101.LAB) — 14KB
• gmgi-20241122_cal.xml (EX-101.CAL) — 1KB
• gmgi-20241122_pre.xml (EX-101.PRE) — 9KB
• gmgi-20241122_def.xml (EX-101.DEF) — 2KB
• gmgi_8k_htm.xml (XML) — 4KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. Equity Distribution Agreement On November 22, 2024, Golden Matrix Group, Inc. (the " Company ") entered into an Equity Distribution Agreement (the " Distribution Agreement ") with Craig-Hallum Capital Group LLC (" Craig-Hallum "). Pursuant to the Distribution Agreement, the Company may sell, at its option, up to an aggregate of $20 million in shares of its common stock through Craig-Hallum, as sales agent. Sales of the common stock made pursuant to the Distribution Agreement, if any, will be made under the Company's effective Registration Statement on Form S-3 (File No. 333-264446) filed on April 22, 2022, which was declared effective on May 3, 2022 (the " Registration Statement "). The Company filed a prospectus supplement, dated November 22, 2024 (the " Prospectus Supplement "), to the prospectus, dated May 3, 2022, included in the Registration Statement, with the Securities and Exchange Commission in connection with the offer and sale of the shares of common stock to be sold pursuant to the Distribution Agreement. Prior to any sales under the Distribution Agreement, the Company will deliver a placement notice to Craig-Hallum that will set the parameters for such sale of shares, including the number of shares to be issued, the time period during which sales are requested to be made, any limitation on the number of shares that may be sold in any one trading day and any minimum price below which sales may not be made. Subject to the terms and conditions of the Distribution Agreement, Craig-Hallum may sell the shares, if any, only by methods deemed to be an " at the market " offering as defined in Rule 415 promulgated under the Securities Act of 1933, as amended, including without limitation sales made directly through The Nasdaq Capital Market, by means of ordinary brokers' transactions, in negotiated transactions, to or through a market maker other than on an exchange or otherwise, at market prices prevai

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1+ At-The-Market Issuance Distribution Agreement by and between Golden Matrix Group, Inc. and Craig-Hallum Capital Group LLC, dated November 22, 2024 5.1 Opinion of The Loev Law Firm, PC 23.1 Consent of The Loev Law Firm, PC (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) + Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished supplementally to the Securities and Exchange Commission upon request; provided, however that the Company may request confidential treatment pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended, for any schedule or exhibit so furnished. 3

SIGNATURES

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. GOLDEN MATRIX GROUP, INC. Date: November 22, 2024 By: /s/ Anthony Brian Goodman Anthony Brian Goodman Chief Executive Officer 4

View Full Filing

View this 8-K filing on SEC EDGAR