Mega Matrix Inc. Announces Filing of a $2 Billion Universal Shelf Registration Statement on Form F-3 to Accelerate Stablecoin Governance Token Treasury Reserve ("DAT") Strategy
Mega Matrix Inc. (NYSE American: MPU) has filed a $2 billion universal shelf registration statement on Form F-3 with the SEC to advance its stablecoin governance token (DAT) strategy. The filing will enable MPU to offer various securities including Class A ordinary shares, preferred shares, debt securities, warrants, and units, subject to market conditions and SEC approval.
The company aims to become the largest stablecoin governance token DAT company, with Ethena's governance token $ENA identified as a primary target. This strategic move will allow MPU to systematically accumulate leading stablecoin governance tokens, gaining both financial upside and influence in the stablecoin ecosystem.
Mega Matrix Inc. (NYSE American: MPU) ha depositato presso la SEC una dichiarazione di registrazione universale su modulo F-3 da 2 miliardi di dollari per sostenere la sua strategia sui token di governance legati agli stablecoin (DAT). La registrazione permetterà a MPU, soggetta alle condizioni di mercato e all'approvazione della SEC, di offrire diversi strumenti finanziari tra cui azioni ordinarie di Classe A, azioni privilegiate, titoli di debito, warrant e unit.
L'obiettivo dell'azienda è diventare il principale soggetto nel settore dei token di governance per stablecoin, individuando come obiettivo principale il token di governance di Ethena, $ENA. Questa strategia consentirà a MPU di accumulare sistematicamente token di governance leader nel settore degli stablecoin, ottenendo sia potenziale di crescita finanziaria sia maggiore influenza nell'ecosistema.
Mega Matrix Inc. (NYSE American: MPU) presentó ante la SEC una declaración de registro tipo shelf universal por 2.000 millones de dólares en el Formulario F-3 para impulsar su estrategia de tokens de gobernanza vinculados a stablecoins (DAT). La presentación permitirá a MPU, sujeta a las condiciones del mercado y a la aprobación de la SEC, ofrecer diversos valores, incluidas acciones ordinarias Clase A, acciones preferentes, instrumentos de deuda, warrants y unidades.
La compañía aspira a convertirse en la mayor empresa de tokens de gobernanza para stablecoins, señalando como objetivo principal el token de gobernanza de Ethena, $ENA. Esta jugada estratégica permitirá a MPU acumular de forma sistemática tokens de gobernanza líderes en el ecosistema de los stablecoins, logrando tanto potencial de revalorización financiera como mayor influencia en el sector.
Mega Matrix Inc. (NYSE American: MPU)는 스테이블코인 거버넌스 토큰(DAT) 전략 추진을 위해 SEC에 20억 달러 규모의 범용 셸프 등록 명세서(Form F-3)를 제출했습니다. 이 등록은 시장 상황 및 SEC 승인에 따라 MPU가 클래스 A 보통주, 우선주, 채무증권, 워런트 및 유닛 등 다양한 증권을 발행할 수 있도록 합니다.
회사는 스테이블코인 거버넌스 토큰 분야에서 최대 기업이 되는 것을 목표로 하고 있으며, 주요 대상 토큰으로 Ethena의 거버넌스 토큰 $ENA를 지목했습니다. 이 전략은 MPU가 스테이블코인 생태계의 선도적 거버넌스 토큰을 체계적으로 확보해 재무적 상승 잠재력과 생태계 내 영향력을 동시에 확보할 수 있게 해줍니다.
Mega Matrix Inc. (NYSE American: MPU) a déposé auprès de la SEC une déclaration d'enregistrement « shelf » universelle de 2 milliards de dollars sur le formulaire F-3 afin de soutenir sa stratégie relative aux tokens de gouvernance pour stablecoins (DAT). Ce dépôt permettra à MPU, sous réserve des conditions de marché et de l'approbation de la SEC, d'offrir divers titres, y compris des actions ordinaires de classe A, des actions privilégiées, des titres de créance, des warrants et des unités.
L'entreprise vise à devenir le principal acteur des tokens de gouvernance pour stablecoins, en identifiant comme cible principale le token de gouvernance d'Ethena, $ENA. Cette démarche stratégique permettra à MPU d'accumuler de manière systématique des tokens de gouvernance leaders dans l'écosystème des stablecoins, gagnant à la fois en potentiel financier et en influence au sein de cet écosystème.
Mega Matrix Inc. (NYSE American: MPU) hat bei der SEC eine univ erse Regist rierungserklärung auf Form F-3 über 2 Milliarden US-Dollar eingereicht, um seine Strategie für Stablecoin-Governance-Token (DAT) voranzutreiben. Die Einreichung ermöglicht es MPU, vorbehaltlich der Marktbedingungen und der Zustimmung der SEC, verschiedene Wertpapiere anzubieten, darunter Stammaktien der Klasse A, Vorzugsaktien, Schuldverschreibungen, Warrants und Einheiten.
Das Unternehmen strebt an, das größ te Unternehmen im Bereich der Governance-Token für Stablecoins zu werden, wobei das Governance-Token von Ethena, $ENA, als Hauptziel identifiziert wurde. Mit dieser strategischen Maßnahme kann MPU systematisch führende Governance-Token für Stablecoins akkumulieren und so sowohl finanzielles Aufwärtspotenzial als auch Einfluss im Stablecoin-Ökosystem gewinnen.
- Filing of $2 billion shelf registration provides significant financial flexibility
- Strategic positioning to become the largest stablecoin governance token company
- Clear target identified with Ethena's governance token $ENA
- Potential for both financial returns and governance influence in stablecoin ecosystem
- Shelf registration not yet effective - no immediate access to capital
- High regulatory uncertainty surrounding stablecoins and governance tokens
- Significant dilution risk for existing shareholders if securities are issued
- New business strategy carries substantial execution risks
Insights
MPU's $2B shelf registration aims to fund major stablecoin governance token acquisitions, signaling ambitious crypto treasury strategy despite regulatory uncertainties.
Mega Matrix Inc. has filed a
The shelf registration, once effective, gives MPU exceptional financial flexibility to raise capital through various securities offerings over time. This structure is particularly well-suited for their stated "DAT" (Digital Asset Treasury) strategy, allowing them to opportunistically accumulate governance tokens without needing separate registrations for each capital raise.
What's particularly noteworthy is the scale of this ambition relative to MPU's current operations. The company appears to be pivoting from its existing business in video streaming (FlexTV) toward becoming what effectively amounts to a publicly-traded stablecoin governance token holding company. The
The strategy focuses specifically on governance tokens rather than the stablecoins themselves - an important distinction. Governance tokens represent ownership and voting rights in stablecoin protocols, functioning similarly to equity in traditional companies. By targeting these tokens, MPU seeks both appreciating assets and influential positions within these emerging financial systems.
However, this strategy carries substantial regulatory uncertainty. The filing acknowledges "regulatory volatility on stablecoins and governance tokens" as a risk factor. With ongoing regulatory debates about token classification and potential securities laws applications to crypto assets, MPU's ambitious plan faces significant execution challenges. Investors should recognize that despite the filing, the actual implementation timeline and capital deployment remain contingent on both regulatory developments and market conditions.
Once declared effective, the Shelf Registration will allow MPU to offer and sell, from time to time, up to an aggregate of
The management of MPU stated: "The
The Shelf Registration has been filed with the SEC but has not yet become effective. The Securities covered by the registration may not be sold, nor may offers to buy the securities be accepted prior to the effectiveness of the registration statement. The terms of any such offerings under the registration statement will be established at the time of such offering, will be subject to market conditions, and will be described in detail in a supplement to the prospectus filed with the SEC relating to such offering.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor will there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU), a holding company headquartered in
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the: ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to purchase stablecoin governance tokens, Bitcoin or Ethereum at the price that we want; ability to reinitiate the ETH staking business, ability to implement the strategic expansion into the stablecoin sector, ability to implement the new business strategy with a focus on stablecoin governance token and ability to create value; the regulatory volatility on stablecoins and governance tokens; ability to obtain additional financing in the future to fund capital expenditures and our digital asset treasury ("DAT") reserve strategy and ability to create value; ability to obtain effectiveness of the universal shelf registration and raise capital as contemplated; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 20-F, filed with the SEC on March 28, 2025, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the inherent risks with investing in ENA token, Bitcoin and/or Ethereum, including ENA token's, Bitcoin's and Ethereum's volatility; and risk of implementing a new DAT strategy focusing on ENA token. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.
Disclosure Channels
We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:
X (f/k/a Twitter): | twitter.com/MegaMatrixMPU |
Facebook: | facebook.com/megamatrixmpu |
LinkedIn: | linkedin.com/company/megamatrixmpu |
The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.
For inquiries, please contact: Info@megamatrix.io
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