Golden Matrix Executes Reverse Split to Boost Share Price
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 26 2026
0mins
Source: stocktwits
- Reverse Split Announcement: Golden Matrix Group has announced a 1-for-12 reverse stock split, which will reduce its outstanding shares from approximately 151.7 million to about 12.6 million, aimed at boosting the share price to meet Nasdaq's minimum requirement of $1.
- Equity Adjustment: Following the split, the company's authorized shares will decrease from 300 million to 25 million, reflecting a significant adjustment in shareholder equity management, with the changes set to take effect on March 3, 2026.
- Financial Outlook: The company has guided for FY2025 revenue between $186 million and $187 million, representing a 23% to 24% increase year-over-year, while fourth-quarter revenue is expected to be between $52.7 million and $53.7 million, indicating strong growth potential in the market.
- Market Sentiment Shift: Despite a more than 37% decline in stock price in 2026, retail sentiment on Stocktwits has flipped from bearish to bullish, suggesting a positive market reaction to the reverse split, which may enhance investor confidence.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
