Key facts
- This page summarizes Aleksandar Milovanovic's Form 4 filing for Golden Matrix Group, Inc. (GMGI).
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 13 Jan 2025, 21:07.
Aleksandar Milovanovic - 05 Nov 2024 Form 4 Insider Report for Golden Matrix Group, Inc. (GMGI)
- Reporting relationship
- Member of 10% Reporting Group, 10%+ Owner
- Issuer ticker
- GMGI
- Reported as of
- 05 Nov 2024
- Net transaction value
- -$203,575
- SEC form
- 4
- Accepted by SEC
- 13 Jan 2025, 21:07:54 UTC
- Prior SEC filing
- 04 Nov 2024
- Next SEC filing
- 08 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Aleksandar Milovanovic
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Aleksandar Milovanovic filed Form 4 for Golden Matrix Group, Inc. (GMGI) on 13 Jan 2025.
Change
- Previous filing in this sequence was filed on 04 Nov 2024.
- Current net transaction value: -$203,575.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GMGI
transaction
Common Stock
Conversion of derivative security
- Transaction value
- $501,592
- Shares
- +250,796
- Change %
- +0.32%
- Price
- $2.00
- Shares after
- 77,784,303
- Date
- 13 Jan 2025
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GMGI
transaction
Derivative
Deferred Cash Convertible Promissory Note
Other
- Transaction value
- $203,576
- Shares
- Change %
- Price
- Shares after
- $501,591
- Date
- 05 Nov 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 250,796
- Exercise price
- Footnotes
- F3, F4, F5, F6
GMGI
transaction
Derivative
Deferred Cash Convertible Promissory Note
Conversion of derivative security
- Transaction value
- $501,591
- Shares
- Change %
- Price
- Shares after
- $0
- Date
- 13 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 0
- Exercise price
- Footnotes
- F1, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
On January 13, 2025, the Reporting Person agreed to convert $501,591 of the Deferred Cash Convertible Promissory Note into shares of common stock of the Company.
Footnote F2
Excludes shares of common stock relating to the voting group described below under "Remarks".
Footnote F3
The Deferred Cash Convertible Promissory Note ("Convertible Note"), is convertible into shares of common stock of the Issuer, at any time, from time to time, at the option of the Reporting Person, based on a conversion price, determined at the option of the Reporting Person of either (A) (i) the average closing sales price of the Issuer's common stock on the Nasdaq market over the thirty trading day period ending on the trading day immediately preceding the date of the conversion notice; (ii) minus a discount of 15%; or (B) $3.00, subject to a floor of $2.00 per share (the "Conversion Price").
Footnote F4
The maturity date of the Convertible Note is December 17, 2025.
Footnote F5
Represents the maximum number of shares of common stock of the Issuer issuable upon conversion of the Convertible Note, based on the Conversion Price.
Footnote F6
Represents the payment of a portion of the Convertible Note in cash by the Issuer.
SEC remarks
By virtue of being party to a Nominating and Voting Agreement, dated as of April 9, 2024 (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 April 9, 2024.