Aleksandar Milovanovic - Mar 4, 2025 Form 4/A - Amendment Insider Report for Golden Matrix Group, Inc. (GMGI)

Signature
/s/ Aleksandar Milovanovic
Stock symbol
GMGI
Transactions as of
Mar 4, 2025
Transactions value $
$34,625
Form type
4/A - Amendment
Date filed
3/26/2025, 05:31 PM
Date Of Original Report
Mar 6, 2025
Previous filing
Mar 26, 2025
Next filing
Mar 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMGI Common Stock Purchase $34.6K +17.1K +0.02% $2.02 79.2M Mar 4, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original Form 4 filed on March 6, 2025 is being amended by this Form 4 amendment solely to correct an administrative error, which failed to include the purchase of an additional 14,627 shares of common stock on March 4, 2025. As a result of this administrative error, the number of shares beneficially owned by the reporting person and the minimum and maximum sales prices have also been corrected to include such additional shares of common stock acquired, and all subsequent Form 4s filed by the reporting person from March 6, 2025, through the filing date of this Form 4/A, should have included the additional 14,627 shares of common stock in the cumulative beneficial ownership.
F2 These shares were purchased in multiple transactions at prices ranging from 1.96 to $2.05, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 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.