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Golden Matrix Group, Inc. 8-K Report: Key Insights on Corporate Events

$GMGI
Form 8-K
Filed on: 2025-01-16
Source
Golden Matrix Group, Inc. 8-K Report: Key Insights on Corporate Events

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

  1. Entity Information:
  • Company Name: Golden Matrix Group, Inc.
  • CIK (Central Index Key): 0001437925
  • Location: 3651 Lindell Road, Suite D131, Las Vegas, NV 89103
  • Phone Number: 702-318-7548
  • Ticker Symbol: GMGI
  • Exchange: NASDAQ
  • State of Incorporation: Nevada (NV)
  • Employer Identification Number (EIN): 46-1814729
  1. Report Type:
  • Form Type: 8-K (This form is used to report unscheduled material events or corporate changes that are of importance to shareholders.)
  1. Reporting Period:
  • Start Date: January 12, 2025
  • End Date: January 12, 2025
  • This indicates that the report is likely a current report concerning events that occurred on that specific date.
  1. Financial Metrics:
  • Common Stock: The company has common stock with a par value of $0.00001 per share.
  1. Units of Measurement:
  • The financial data is reported in USD (United States Dollar) and shares. The report suggests that there may be metrics involving USD per share calculations, though specific values are not provided in the text.
  1. XML Structure:
  • The financial report is presented in XBRL (eXtensible Business Reporting Language) format, which is designed for the electronic communication of business and financial data.

Insights:

  • The filing suggests that there may have been a significant event or development on January 12, 2025, prompting the need for an 8-K filing, though the specific nature of that event is not detailed in the excerpt provided.
  • The company operates in the gaming or technology space, indicated by its name, "Golden Matrix Group," which could be relevant for investors or analysts evaluating its market position.
  • The low par value of the common stock is typical for many companies, especially in the tech or startup sectors, suggesting a possible focus on growth rather than immediate profitability.

Conclusion:

For stakeholders and analysts, monitoring this 8-K filing can provide insights into significant developments at Golden Matrix Group, Inc., and its implications on financial performance and market positioning. Further details from the full report would be necessary for a comprehensive analysis.