• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SCHEDULE 13D/A filed by Mega Matrix Inc.

    9/24/25 4:01:18 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary
    Get the next $MPU alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 3)


    Mega Matrix Inc

    (Name of Issuer)


    Class A Ordinary Shares, par value $0.001 per share

    (Title of Class of Securities)


    G6005C108

    (CUSIP Number)


    Yucheng Hu
    Group 7, Yantai Village, Liaoye Town,, Yingshan
    Sichuan, F4, 00000000
    86 186-8122-7724

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
    09/22/2025

    (Date of Event Which Requires Filing of This Statement)


    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






    SCHEDULE 13D

    CUSIP No.
    G6005C108


    1 Name of reporting person

    Yucheng Hu
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    PF
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    CHINA
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    322,784,350.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    322,784,350.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    3,763,310.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    6.74 %
    14Type of Reporting Person (See Instructions)

    IN

    Comment for Type of Reporting Person:
    (1) Includes (i) 2,809,977 Class B ordinary shares, par value $0.001 ("Class B Shares"), (ii) 833,333 Class C ordinary shares, par value $0.001 ("Class C Shares"); (iii) 90,000 Class A ordinary shares, par value $0.001 ("Class A Shares") directly owned by Mr. Hu, and (iv) 30,000 Class A Shares, which are expected to vest from restricted stock units ("RSUs") under the Amended and Restated 2021 Equity Incentive Plan within 60 days of this date. Each Class B Share is convertible into one (1) Class A Share at the option of the holder. Each Class C Share is convertible into one (1) Class A Share at the option of the holder. Each Class A Share shall be entitled to one (1) vote, each Class B Share shall be entitled to one hundred (100) votes, and each Class C Share shall be entitled to fifty (50) votes. (2) Percentage calculated based on 55,817,531Class A Shares outstanding, which is the sum of (i) 52,144,221 Class A Shares issued and outstanding as of August 22, 2025, (ii) 30,000 Class A Shares issuable upon the vesting of RSUs on September 30, 2025, (iii) 2,809,977 Class B Shares that may be converted by Mr. Hu into an equivalent number of Class A Shares at holder's sole discretion; and (iv) 833,333 Class C Shares that may be converted by Mr. Hu into an equivalent number of Class A Shares at holder's sole discretion.


    SCHEDULE 13D

    Item 1.Security and Issuer
    (a)Title of Class of Securities:

    Class A Ordinary Shares, par value $0.001 per share
    (b)Name of Issuer:

    Mega Matrix Inc
    (c)Address of Issuer's Principal Executive Offices:

    Level 21, 88 Market Street, CapitaSpring, SINGAPORE , 048948.
    Item 1 Comment:
    This Amendment No. 3 to Schedule 13D ("Amendment"), relating to the beneficial ownership of Class A ordinary shares, par value $0.001 per share ("Class A Shares"), of Mega Matrix Inc., a Cayman Islands corporation ("Issuer"), amends and supplements the Schedule 13D filed with the United States Securities and Exchange Commission (the "SEC") on October 4, 2021, the Amendment No.1 to the Schedule 13D filed with the SEC on December 13, 2022, and the Amendment No.2 to the Schedule 13D filed with the SEC on December 11, 2024 (as amended, the "Original Schedule 13D") by the Reporting Person, Mr. Yucheng Hu. The Schedule 13D filed with the SEC on October 4, 2021 and the Amendment No.1 to the Schedule 13D filed with the SEC on December 13, 2022 were filed in connection with shares of common stock of Mega Matrix Corp., a Delaware corporation ("MPU DE"). Following the redomicile and merger from MPU DE to Issuer on October 9, 2024, each share of common stock was exchanged for one Class A Share of the Issuer. The Issuer's principal executive offices are located at Level 21, 88 Market Street, CapitaSpring, Singapore 048948, and its phone number is (650) 340-1888.
    Item 2.Identity and Background
    (a)
    Mr. Yucheng Hu, an individual.
    (b)
    Mr. Hu's address is Group 7, Yantai Village, Liaoye Town, Yingshan, Sichuan, China.
    (c)
    Mr. Hu's present principal occupation is the Chief Executive Officer, President, Director and the Chairman of the Board of Directors of the Issuer.
    (d)
    During the last five years, Mr. Hu has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
    (e)
    During the last five years, Mr. Hu has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, which as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, United States federal or state securities laws or finding any violation with respect to such laws.
    (f)
    Mr. Hu is a citizen of the People's Republic of China.
    Item 3.Source and Amount of Funds or Other Consideration
     
    Issuer is authorized to issue shares totaling US$1,110,000, divided into (i) 1000,000,000 Class A Shares of par value US$0.001 each, (ii) 50,000,000 Class B Shares of par value US$0.001 each; (iii) 50,000,000 Class C Shares of par value USD0.001 each and (iv) 10,000,000 preferred shares of par value US$0.001 each. Class A Shares, Class B Shares and Class C Shares shall at all times vote together as one class on all resolutions submitted to a vote by the shareholders. Each Class A Share shall be entitled to one (1) vote on all matters subject to vote at general meetings of the Issuer, each Class B Share shall be entitled to one hundred (100) votes on all matters subject to vote at general meetings of the Issuer, and each Class C Share shall be entitled to fifty (50) votes on all matters subject to vote at general meetings of the Issuer. Subject to the memorandum and articles of association and to compliance with all fiscal and other laws and regulations applicable thereto, including the Companies Act (Revised) of the Cayman Islands, and any statutory modification or re-enactment thereof for the time being in force, (i) each Class B Share is convertible into one (1) Class A Share or one (1) Class C Share at the option of the holder thereof at any time after issuance and without the payment of any additional sum, and (ii) each Class C Share is convertible into one (1) Class A Share at the option of the holder thereof at any time after issuance and without the payment of any additional sum. Class A Shares are not convertible into Class B Shares or Class C Shares under any circumstances. On September 2, Mr. Hu submitted a notice of conversion in accordance with the Company's Third Amended and Restated Memorandum and Articles of Association, requesting the conversion of 3,123,723 Class B Shares into 3,123,723 Class C Shares. On September 24, following approval by the Board of Directors, the Company instructed its transfer agent processed such conversion (the "Conversion"). Immediately following the Conversion, Mr. Hu transferred 2,290,390 Class C Shares to Mr. Yaman Demir, a director of the Company, at par value, pursuant to the share transfer agreements and in accordance with the Company's Third Amended and Restated Memorandum and Articles of Association. (the "Transfer') After the Transfer, Mr. Hu beneficially owns 3,763,310 Class A Shares, which consists of (i) 2,809,977 Class A Shares issuable upon the conversion of Class B Shares on a 1:1 basis, (ii) 833,333 Class A Shares issuable upon the conversion of Class C Shares on a 1:1 basis; (iii) 90,000 Class A Shares held by Mr. Hu directly, and (iv) 30,000 Class A Shares, which are expected to vest from RSUs under the Amended and Restated 2021 Equity Incentive Plan within 60 days of this date. Mr. Hu used personal funds to pay the consideration when he initially acquired the Class B Shares.
    Item 4.Purpose of Transaction
     
    The Conversion and Transfer have been authorized and approved by the Issuer's board on September 1, 2025, and September 22, 2025, respectively, and are intended to support the Issuer's management team's ability to implement a sustainable development strategy to fully integrate the Issuer's strategic objectives. This structure aims to ensure continuity of management, enabling the execution of both short- and long-term business plans without undue influence from external financial market factors, which are often beyond management's control. Mr. Hu is the Chief Executive Officer, Director, and the Chairman of the Board of the Issuer and will from time to time engage in discussions with the Issuer's Board and/or members of the Issuer's management team concerning, without limitation, business, operations, capital structure, governance, management, business plans and strategies of the Issuer. After the Transfer, Mr. Hu beneficially owns 3,763,310 Class A Shares, which consists of (i) 2,809,977 Class A Shares issuable upon the conversion of Class B Shares on a 1:1 basis, (ii) 833,333 Class A Shares issuable upon the conversion of Class C Shares on a 1:1 basis; (iii) 90,000 Class A Shares held by Mr. Hu directly, and (iv) 30,000 Class A Shares, which are expected to vest from RSUs under the Amended and Restated 2021 Equity Incentive Plan within 60 days of this date. As a result, Mr. Hu has a sole voting power of 322,784,350 votes (which includes(i) 280,997,700 votes provided by the Class B Shares voting together as a single class with the Class A Shares, assuming no conversion of Class B Shares, and (ii) 41,666,650 votes provided by the Class C Shares voting together as a single class with the Class A Shares, assuming no conversion of Class C Shares), or 3,763,310 votes (assuming full conversion of the Class B Shares and Class C Shares). Other than as described above, the Reporting Person does not currently have any plans or proposals that relate to, or would result in, any of the matters listed below, although the Reporting Person may, at any time and from time to time, review or reconsider the position and/or change the purpose and/or formulate plans or proposals with respect thereto: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present Board of Directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuer's business or corporate structure including, but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended, or (j) Any action similar to any of those enumerated above.
    Item 5.Interest in Securities of the Issuer
    (a)
    The information contained on the cover pages to this Schedule 13D is incorporated herein by reference. As of the date hereof, there are 52,144,221 Class A Shares issued outstanding.
    (b)
    The following table sets forth the number of votes as to which the Reporting Person has (i) the sole power to vote or direct the vote, (ii) shared power to vote or to direct the vote, (iii) sole power to dispose or to direct the disposition, or (iv) shared power to dispose or to direct disposition: Reporting Person Sole Voting Shared Voting Sole Dispositive Shared Power Power Power Dispositive Power Yucheng Hu 322,784,350(1) 322,784,350(1) 3,763,310(2) 3,763,310(2) (1) Represents voting power consisting of (i) 120,000 Class A Shares, including 30,000 Class A Shares, issuable upon vesting of RSUs on September 30, 2025 under the Amended and Restated 2021 Equity Incentive Plan; (ii) 2,809,977 Class B Shares, each of which is entitled to one hundred (100) votes per Class B Share, and (iii) 833,333 Class C Shares, each of which is entitled to fifty (50) votes per Class C Share, reflecting an aggregate voting power of 322,784,350 votes as a single class, or 65.96%. (2) Mr. Hu beneficially owns 3,763,310 Class A Shares, which consists of (i) 120,000 Class A Shares, including 30,000 Class A Shares, issuable upon vesting of RSUs on September 30, 2025 under the Amended and Restated 2021 Equity Incentive Plan, (ii) 2,809,977 Class A Shares, assuming full conversion of the Class B Shares on a 1:1 basis; and (iii) 833,333 Class A Shares, assuming full conversion of the Class C Shares on a 1:1 basis.
    (c)
    The information contained in Items 3 and 4 are hereby incorporated herein by reference in entirety.
    (d)
    No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, the Shares beneficially owned by the Reporting Person.
    (e)
    Not applicable.
    Item 6.Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
     
    The information set forth in Item 3 and Item 4 above is incorporated herein by reference.
    Item 7.Material to be Filed as Exhibits.
     
    Not applicable.

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    Yucheng Hu
     
    Signature:/s/ Yucheng Hu
    Name/Title:Yucheng Hu, an individual
    Date:09/24/2025
    Get the next $MPU alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $MPU

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $MPU
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Chief Financial Officer Wang Qin Carol converted options into 6,000 shares, increasing direct ownership by 50% to 18,000 units (SEC Form 4)

    4 - Mega Matrix Corp. (0001036848) (Issuer)

    10/1/24 5:00:46 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    Chief Executive Officer Hu Yucheng converted options into 30,000 shares, increasing direct ownership by 0.51% to 5,933,700 units (SEC Form 4)

    4 - Mega Matrix Corp. (0001036848) (Issuer)

    10/1/24 5:00:10 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    Chief Operating Officer Gao Xiangchen converted options into 6,000 shares, increasing direct ownership by 50% to 18,000 units (SEC Form 4)

    4 - Mega Matrix Corp. (0001036848) (Issuer)

    9/3/24 4:30:09 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    $MPU
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Mega Matrix Announces to Diversify DAT Strategy with Basket of Leading Stablecoins and Governance Tokens

    SINGAPORE, Oct. 1, 2025 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") today announced a strategic update to its Digital Asset Treasury ("DAT") strategy. The Company will transition from a single-asset approach focused on Ethena's governance token (ENA) to a diversified basket of leading stablecoins and their governance tokens. The enhanced DAT framework is designed around a "dual-engine" model: Stable Yield — Holding a basket of stablecoins and deploying them in low-risk decentralized finance (DeFi) strategies to generate recurring income.Growth Potential — Allocat

    10/1/25 8:30:00 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    Mega Matrix Inc. Announces Accumulated $6 million ENA tokens Purchase, Reinforcing its Stablecoin Governance Tokens DAT Strategy

    SINGAPORE, Sept. 19, 2025 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE:MPU) today announced its accumulated strategic acquisition of approximately $6 million worth of ENA tokens based on the past 1D VWAP,  including the recent $3 million purchase executed over the past week. The company acquired 8.46 million ENA tokens at an average cost of $0.7165 per token (inclusive of all fees and transaction costs). The continued purchases strengthen MPU's growing position in its stablecoin governance tokens DAT strategy. The management of MPU, commented, "Following our

    9/19/25 8:20:00 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    After Bitcoin and Ethereum, Mega Matrix Bets $2B on ENA as Next Treasury Asset

    NEW YORK, Sept. 12, 2025 /PRNewswire/ -- Mega Matrix (NYSE: MPU) has filed a $2 billion universal shelf registration with the U.S. Securities and Exchange Commission (SEC) to advance its Digital Asset Treasury (DAT) strategy. With this move, MPU becomes the first U.S.-listed company to anchor its corporate treasury on ENA — the governance token of stablecoin USDe. Industry observers see the decision as the next chapter in the evolution of corporate digital asset treasuries — from MicroStrategy's pioneering Bitcoin strategy, to Ethereum and other protocol based models, and now MPU's next-generation bet on ENA.

    9/12/25 9:03:00 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    $MPU
    SEC Filings

    View All

    SEC Form 6-K filed by Mega Matrix Inc.

    6-K - Mega Matrix Inc (0001953021) (Filer)

    10/1/25 8:30:10 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    SEC Form 6-K filed by Mega Matrix Inc.

    6-K - Mega Matrix Inc (0001953021) (Filer)

    9/29/25 4:01:52 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    Amendment: SEC Form SCHEDULE 13D/A filed by Mega Matrix Inc.

    SCHEDULE 13D/A - Mega Matrix Inc (0001953021) (Subject)

    9/24/25 4:01:18 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    $MPU
    Leadership Updates

    Live Leadership Updates

    View All

    Mega Matrix Inc. Announces Reinstatement of Ethereum staking Business and Appointment of New Executive Director

    SINGAPORE, July 2, 2025 /PRNewswire/ -- Mega Matrix Inc. (NYSE:MPU) today announced two strategic initiatives: the reinstatement of its Ethereum staking business as part of a broader Web3–focused strategy, and the appointment of Mr. Yaman Demir as Executive Director to leverage his expertise in digital assets. Business Strategy UpdateAs previously disclosed, the Board of Directors approved the purchase of Bitcoin and/or Ethereum to hold as treasury reserve assets. In light of recent regulatory clarity, the Board decided to restart of its Ethereum ("ETH") staking business. The

    7/2/25 8:30:00 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    Mega Matrix Announces Results of 2024 Annual General Meeting

    SINGAPORE, Dec. 20, 2024 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU or "Company") today announced the results of its 2024 Annual General Meeting, which was held virtually on December 20, 2024 10:00 a.m. PT. At the 2024 Annual General Meeting, the Company's shareholders: (1) approved a proposal, as an ordinary resolution, to elect four (4) persons to the board of directors of the Company, each to serve until the next annual general meeting of shareholders of the Company or until such person shall resign, be removed or otherwise leave office; (2) approved a proposal, a

    12/20/24 4:30:00 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    Mega Matrix Corp. Appoints Mr. Songtao Jia as Chief Strategy Officer

    PALO ALTO, Calif., March 22, 2024 (GLOBE NEWSWIRE) -- Mega Matrix Corp. (NYSE:MPU) (the "Company" or "MPU") is delighted to formally welcome Mr. Songtao Jia, the seasoned professional with extensive experience, to our team. Mr. Songtao Jia will be taking on the role of Chief Strategy Officer for MPU. Mr. Jia has an impressive background in technology and management, having previously served as the Executive Vice President of Lucent Technologies China and as the General Manager of Petro Titan Hong Kong. He graduated from Tsinghua University and holds an MBA from McGill University in Canada, as well as an EMBA degree from Cheung Kong Graduate School of Business. Yucheng Hu, CEO of Mega Mat

    3/22/24 8:30:00 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    $MPU
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by Mega Matrix Inc.

    SC 13D/A - Mega Matrix Inc (0001953021) (Subject)

    12/11/24 5:04:24 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    $MPU
    Financials

    Live finance-specific insights

    View All

    After Bitcoin and Ethereum, Mega Matrix Bets $2B on ENA as Next Treasury Asset

    NEW YORK, Sept. 12, 2025 /PRNewswire/ -- Mega Matrix (NYSE: MPU) has filed a $2 billion universal shelf registration with the U.S. Securities and Exchange Commission (SEC) to advance its Digital Asset Treasury (DAT) strategy. With this move, MPU becomes the first U.S.-listed company to anchor its corporate treasury on ENA — the governance token of stablecoin USDe. Industry observers see the decision as the next chapter in the evolution of corporate digital asset treasuries — from MicroStrategy's pioneering Bitcoin strategy, to Ethereum and other protocol based models, and now MPU's next-generation bet on ENA.

    9/12/25 9:03:00 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    Mega Matrix Inc. Released New Premieres on FlexTV from April 7 to 11, Exploring Humanity Through Betrayal, Redemption, and Destiny

    SINGAPORE, April 16, 2025 /PRNewswire/ -- Last week (April 7–11, 2025), FlexTV, the short drama streaming platform under Mega Matrix Inc. (NYSE:MPU), unveiled six compelling new English series. Spanning genres from urban fantasy and emotional entanglements to female empowerment and cyclical fate, each production offers a unique lens on the resilience and complexity of the human spirit. These stories, ranging from rags-to-riches tales to timeless love that transcends eras, form a rich tapestry of courage, love, and self-discovery.    Highlights of Short Dramas 1. Karma's Landlord (April 8)After being betrayed by his wife and a privileged heir, security guard Aidan

    4/16/25 6:30:00 AM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary

    MEGA MATRIX CORP. Announces Completion of Acquisition of the Parent of FlexTV, a Short Drama Streaming Platform

    PALO ALTO, Calif., Aug. 16, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE:MPU), today announced that it has completed the acquisition of the remaining 40% of FunVerse Holding Limited ("FunVerse"), a company incorporated under the laws of the British Virgin Islands and the sole parent company of Yuder Pte, Ltd. ("Yuder"). The Company initially acquired 60% of FunVerse's capital stock on January 7, 2024, and has now acquired the remaining 40%, bringing its ownership to 100%. The acquisition was completed through a definitive Share Exchange Agreement, under which the Company acquired the remaining 40% of voting capital stock of FunVerse, in exchange for 1,500,000 shares

    8/16/24 4:15:00 PM ET
    $MPU
    Diversified Commercial Services
    Consumer Discretionary