Aleksandar Milovanovic - Nov 7, 2025 Form 4 Insider Report for Golden Matrix Group, Inc. (GMGI)

Role
Member of 10% Reporting Group, 10%+ Owner
Signature
/s/ Aleksandar Milovanovic
Stock symbol
GMGI
Transactions as of
Nov 7, 2025
Transactions value $
$8,000,000
Form type
4
Date filed
11/12/2025, 05:46 PM
Previous filing
Sep 29, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Milovanovic Aleksandar Member of 10% Reporting Group, 10%+ Owner MERIDIAN TECH D.O.O., BULEVAR MIHAJLA PUPINA 10B, NOVI BEOGRAD, SERBIA /s/ Aleksandar Milovanovic 2025-11-12 0002016463

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMGI Common Stock Other $8M +8M +9.38% $1.00 93.3M Nov 7, 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 7, 2025, the Reporting Person and the Issuer entered into a Post-Closing Cash Consideration Conversion Agreement dated and effective October 28, 2025, pursuant to which a total of $8,000,000 of 18 Month Non-Contingent Post-Closing Cash Consideration due to the Reporting Person from the Issuer was converted into 8,000,000 shares of the Issuer's common stock (based on a conversion price of $1.00 per share)(which shares are in the process of being issued).
F2 Excludes shares of common stock relating to the voting group described below under "Remarks".

Remarks:

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