Dividends & Buybacks ·
Mega Matrix Inc. announced a share consolidation at a ratio of 1-for-20, reducing the outstanding Class A ordinary…
MPUMega Matrix Inc
Mega Matrix Inc. announced a share consolidation at a ratio of 1-for-20, reducing the outstanding Class A ordinary shares from approximately 62.5 million to roughly 3.1 million. The transaction was approved by shareholders on September 1, 2026, and became effective on September 15, 2026, with adjusted trading commencing on September 16, 2026. This move aims to increase the per-share trading price to maintain compliance with NYSE American listing requirements. Mega Matrix Inc. operates FlexTV, a short-video streaming platform and producer of short dramas.