05:47 PM EDT, 08/29/2024 (MT Newswires) -- Golden Matrix Group ( GMGI ) Thursday filed a registration statement covering potential resale of up to about 7.6 million common shares from time to time by selling stockholder.
The filing covers 750,000 shares issuable upon exercises of warrants to purchase shares and about 6.9 million shares issuable upon conversion of an outstanding $12 million senior secured convertible promissory note.
The company will not receive any proceeds from the resale of stock by the selling stockholder.