X0508 4 2025-03-24-05:00 false 0001437925 Golden Matrix Group, Inc. GMGI 0002017899 Bozovic Snezana MERIDIAN TECH D.O.O. BULEVAR MIHAJLA PUPINA 10B NOVI BEOGRAD Z2 11070 SERBIA true false false true Member of 10% Reporting Group false Common Stock 2025-03-24-05:00 4 M false 125000 A 4492963 D Restricted Stock Units 2025-03-24-05:00 4 M false 125000 0.00 D Common Stock 125000 0 D Represents the vesting of 125,000 restricted stock units (RSUs) upon the Issuer meeting a revenue and AEBITDA target as of the end of fiscal 2024, which were settled in shares of common stock. Each RSU represents the contingent right to receive, at settlement, one share of common stock. Excludes shares of common stock relating to the voting group described below under "Remarks". The RSUs were to vest, if at all, at the rate of 1/2 of such RSUs, upon the Issuer meeting certain (1) revenue and (2) Adjusted EBITDA (AEBITDA) targets, as of the end of fiscal 2024, and upon the public disclosure of such operating results in the Issuer's Annual Report on Form 10-K, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date. All of such RSUs vested as described in Footnote (1), above. By virtue of being party to an Amended and Restated Nominating and Voting Agreement, dated as of January 29, 2025 (the "Voting Agreement"), the Reporting Person, may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the securities reported herein, with the other parties who are bound by the Voting Agreement and their control persons, which such "group" beneficially owns, in the aggregate, more than 10% of the outstanding shares of common stock of the Issuer. The parties to the Voting Agreement are the Issuer, Anthony Brian Goodman, the Issuer's Chief Executive Officer and director, Luxor Capital LLC, which is owned and controlled by Mr. Goodman, Aleksandar Milovanovic, Zoran Milosevic and Snezana Bozovic. The Reporting Person disclaims beneficial ownership of any securities owned by any of the other signatories to the Voting Agreement (and/or their control persons) and the filing of this Form 4 shall not be deemed an admission, for purposes of Section 16 of the Exchange Act or otherwise, that the Reporting Person and any other person or persons constitute a "group" for purposes of Section 13(d)(3) of the Exchange Act or Rule 13d-5 thereunder. In addition, the Reporting Person does not have any pecuniary interest in any of the securities beneficially owned by any of the other signatories to the Voting Agreement (and/or their control persons). For a description of the Voting Agreement, see the Current Report on Form 8-K filed by the Issuer with the United States Securities and Exchange Commission on January 30, 2025. /s/ Snezana Bozovic 2025-03-26-05:00