Mega Matrix Inc. shareholders approved a share consolidation at its Extraordinary General Meeting held on September 1, 2026. The company will consolidate all class A, B, and C ordinary shares at a ratio of twenty (20) shares into one (1) share, increasing the par value from USD 0.001 to USD 0.02 per share. This consolidation reduces the authorized share capital for each class proportionally while maintaining total authorized capital at USD 1,110,000. Fractional shares will be rounded up to the next whole share, and no fractional shares will be issued. The transaction becomes effective on September 15, 2026. Mega Matrix Inc. operates FlexTV, a short-video streaming platform and producer of short dramas.
