Zoran Milosevic, CEO of Meridianbet, commented on the deal: “This recent debt-to-equity conversion demonstrates our clear commitment to the strategic objectives of our corporation and to the long-term growth of Golden Matrix Group. The transaction also resolves pending obligations, improves cash flexibility, and ensures alignment with our stakeholders.”
Deal details
Announced on August 20, the new decision by Meridianbet, in agreement with its parent company, strengthens the group’s capital structure and demonstrates the leadership’s ongoing alignment with the interests of its main shareholders.
In total, the transaction is valued at approximately US$ 284,000, and was approved directly by CEO Zoran Milosevic, along with Snezana…