Golden Matrix Group, Inc., one of the leading companies in the iGaming industry, released some updates related to the recent acquisition of the leading Southeast European B2C company, MeridianBet Group.
The First Amendment:
On September 27, the companies signed a First Amendment to Amended and Restated Purchase Agreement and decided upon the acquisition. The date of closing the agreement is extended, and the financial terms will be modified as well.
After changing the financial terms, Golden Matrix will be able to use up to $20 million of cash-on-hand to pay part of the total amount of $30 million. After the July amendments the initial amount of