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Midas Edge

Meridian Holdings Inc./NV

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 31, 2026

MRDN$8.20-5.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Shareholders’ Equity

Meridian Holdings** Inc. and Subsidiary**

Consolidated Statement of Shareholders’ Equity

For the Twelve Months Ended December 31, 2024

Preferred Stock- Series B · Preferred Stock – Series C · Common Stock · Treasury Stock · Additional Paid-in · Stock · Stock Payable – Related · Accumulated Other Comprehensive · Accumulated · Total Equity of · Non-controlling · Total Shareholders’
Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Capital · Payable · Party · Income (Loss) · Earnings · MRDN · interest · Equity
Balance at December 31, 2023-$-1,000$-6,956,266$70-$-$3,045,659$-$-$(3,307,578)$59,296,675$59,034,826$951,723$59,986,549
Fair value of non-controlling interest in subsidiary--------------3,363,4503,363,450
Other comprehensive income (loss)-----------(4,782,276)-(4,782,276)-(4,782,276)
Shares issued for vested RSUs----69,144-----------
Shares issued for exercise of options----1,667---34,800----34,800-34,800
Shares issued for services----13,333---858,60054,200211,162--1,123,962-1,123,962
Shares issued as consideration to acquire subsidiaries----67,5321--1,689,662----1,689,663-1,689,663
Shares issued to the Sellers of MeridianBet Group as consideration----416,6674--14,299,996----14,300,000-14,300,000
Shares issued for debt conversion----183,8412--4,424,998----4,425,000-4,425,000
FV of warrant granted--------1,007,482----1,007,482-1,007,482
Fair value of stock-based compensation--------3,583,352----3,583,352-3,583,352
Purchase of treasury stock----(58)-(4,983)(121,430)(1,671)----(123,101)-(123,101)
Dividends issued to former owners of MeridianBet Group------------(769,534)(769,534)-(769,534)
Recapitalization1,000---3,061,85731--27,642,910----27,642,941-27,642,941
Acquisition of Non-Controlling Interest--------(6,271,479)5,657,607---(613,872)(507,987)(1,121,859)
Profit for the period------------(1,480,249)(1,480,249)70,400(1,409,849)
Balance at December 31, 20241,000$-1,000$-10,770,249$108(4,983)$(121,430)$50,314,309$5,711,807$211,162$(8,089,854)$57,046,892$105,072,994$3,877,586$108,950,580

For the Twelve Months Ended December 31, 2025

Preferred Stock- Series B · Preferred Stock – Series C · Common Stock · Treasury Stock · Additional Paid-in · Stock · Stock Payable – Related · Accumulated Other Comprehensive · Accumulated · Total Equity of · Non-controlling · Total Shareholders’
Shares · Amount · Shares · Amount · Shares · Amount · Shares · Amount · Capital · Payable · Party · Income (Loss) · Earnings · MRDN · interest · Equity
Balance at December 31, 20241,000$-1,000$-10,770,249$108(4,983)$(121,430)$50,314,309$5,711,807$211,162$(8,089,854)$57,046,892$105,072,994$3,877,586$108,950,580
Shares issued for vested RSUs----171,6762--(2)-------
Shares issued for cashless exercise of options----3,151-----------
Shares issued for services----26,667---682,801(128,100)---554,701-554,701
Acquisition of non-controlling interest----157,1561--5,264,568(5,657,607)---(393,038)-(393,038)
Acquisition of subsidiaries---------102,006---102,006-102,006
Shares issued for settlement of true-up liability----17,220---518,651----518,651-518,651
Share issued for debt conversion----1,207,32412--20,021,396----20,021,408-20,021,408
Conversion of Series B to common stock(1,000)---83,3331--(1)-------
Shares issued under ATM Program----204,2862--2,960,895----2,960,897-2,960,897
Fair value of stock-based compensation--------3,100,85673,900361,992--3,536,748-3,536,748
Purchase of treasury stock------(12,079)(122,778)-----(122,778)-(122,778)
Dividends and related withholding tax------------(144,782)(144,782)-(144,782)
Cumulative translation adjustment-----------4,336,369-4,336,369-4,336,369
Reverse split----(39)-----------
Reserve Increase--------69,882---(69,882)---
Loss for the period------------(89,897,850)(89,897,850)(2,084,286)(91,982,136)
Balance at December 31, 2025-$-1,000$-12,641,023$126(17,062)$(244,208)$82,933,355$102,006$573,154$(3,753,485)$(33,065,622)$46,545,326$1,793,300$48,338,626
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.