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Golden Matrix Group, Inc. 8-K Report: Key Insights from January 2, 2025 Filing

$GMGI
Form 8-K
Filed on: 2025-01-02
Source
Golden Matrix Group, Inc. 8-K Report: Key Insights from January 2, 2025 Filing

Based on the provided section of the financial report, here are the key insights and information extracted:

  1. Company Information:
  • Name: Golden Matrix Group, Inc.
  • CIK: 0001437925
  • State of Incorporation: Nevada (NV)
  • Address: 3651 Lindell Road, Suite D131, Las Vegas, NV 89103
  • Phone Number: 702-318-7548
  • Ticker Symbol: GMGI
  • Exchange: NASDAQ
  1. Filing Details:
  • Filing Type: 8-K (a report of unscheduled material events or corporate changes)
  • Filing Date: January 2, 2025
  1. Financial Information:
  • Common Stock: The company has common stock with a par value of $0.00001 per share.
  1. Data Context:
  • Period of Report: The report covers only one day, January 2, 2025.
  • Units: The financial data is reported in USD and shares.
  1. XBRL Information:
  • The report is structured in XBRL format, which is a standardized way to communicate financial data, allowing for easier analysis and comparison.
  1. Identifiers:
  • SEC Central Index Key (CIK): 0001437925
  • IRS Employer Identification Number (EIN): 46-1814729

Insights:

  • The filing indicates a significant event or information update as suggested by the 8-K filing type.
  • The par value of common stock is very low, which could indicate that the company is in a growth phase or has a strategy to keep its share price accessible to a larger pool of investors.
  • The single-day reporting period may suggest that this document pertains to a specific event or transaction that occurred on that date, which would require further details to understand its implications fully.
  • As a publicly traded company on NASDAQ, Golden Matrix Group, Inc. is subject to regulatory scrutiny and must comply with SEC reporting requirements, which adds a layer of transparency for investors.

Overall, this report provides a snapshot of the company's identity and current reporting status, which can be crucial for investors, analysts, and stakeholders monitoring the company’s developments and market activities.