Meridian Holdings implemented a 1-for-12 reverse stock split of its common stock effective March 3, 2026. The company said the reverse split was intended to help satisfy Nasdaq’s $1 minimum bid price requirement. Nasdaq notified Meridian on March 17, 2026 that it had regained compliance after 10 consecutive business days with a closing bid price at or above $1.00 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meridian Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-001421), on March 18, 2026, and is solely responsible for the information contained therein.