MeridianBet Debuts on Nasdaq Under Golden Matrix Banner
MeridianBet is celebrating its recent Nasdaq listing with an opening bell ceremony at the Nasdaq MarketSite in Times Square, New York.
This is MeridianBet’s official entry into the public market following its acquisition by Golden Matrix Group last year.
Strategic Acquisition
The journey to Nasdaq began when Golden Matrix acquired MeridianBet for an initially agreed sum of $300 million. Due to MeridianBet’s strong performance, the final purchase price was adjusted to $331 million, reflecting the company’s value and potential.
Golden Matrix CEO Brian Goodman highlighted this merger as a pivotal moment, stating, “Leveraging MeridianBet’s impressive market presence, technology, and expertise and our advanced diversified offering, we are set to redefine industry standards globally.”
Impact of the Nasdaq Listing
By joining the ranks of Nasdaq-listed companies, MeridianBet aims to enhance its integration within the global market and embark on a new era characterized by expanded research capabilities and strategic global opportunities.
Zoran Milosevic, CEO of MeridianBet, expressed enthusiasm about the opportunities that the Nasdaq listing brings. “Joining the Nasdaq as part of Golden Matrix will scale our operations significantly,” he noted.
The merger is poised to maximize market visibility and pave the way for expansion into new territories, focusing on leveraging combined strengths for innovation and profitability.
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