Mega Matrix Inc. Announces Share Consolidation of Class A Ordinary Shares

Mega Matrix will execute a 1-for-20 reverse split on September 15, 2026, with automatic adjustments and no fractional shares issued.

Rhea-AI Summary

Mega Matrix (MPU) plans a 1-for-20 share consolidation of its Class A ordinary shares, effective at 4:05 p.m. New York time on September 15, 2026.

Every twenty pre-consolidation shares will be combined into one share, and trading on a post-consolidation adjusted basis will begin on September 16, 2026, under the same ticker. The CUSIP will change to G6005C116. Authorized capital will be restructured from 1,000,000,000 Class A shares at USD0.001 par to 50,000,000 at USD0.02 par, with equivalent 20-for-1 reductions for Class B and C share authorizations. Issued and outstanding Class A shares will decline from 62,492,148 to approximately 3,124,608, subject to rounding up of fractional shares. The company said the move is primarily intended to increase the share price to maintain its NYSE American listing.

Positive

• 1-for-20 share consolidation effective September 15, 2026, aimed at maintaining NYSE American listing
• Authorized Class A shares reduced from 1,000,000,000 to 50,000,000, potentially limiting future dilution

Negative

• Company explicitly undertakes share consolidation to raise price needed to maintain NYSE American listing

News Explained

At the September 15, 2026 effective time, outstanding warrants and other equity rights will be proportionately adjusted; fractional results will be rounded up, and book-entry or broker-held positions will be adjusted automatically.

Market Context

On Sep 2, MPU gained 6.66% when shareholders approved the same 20-for-1 consolidation; this notice s...

Analysis

On Sep 2, MPU gained 6.66% when shareholders approved the same 20-for-1 consolidation; this notice supplied the effective time and post-consolidation trading date.

Key Figures

Share consolidation ratio: 1 post-split share for every 20 pre-split shares Effective time: 4:05 p.m. New York time on September 15, 2026 Post-consolidation trading date: September 16, 2026 +3 more

Share consolidation ratio

1 post-split share for every 20 pre-split shares

Class A ordinary shares

Effective time

4:05 p.m. New York time on September 15, 2026

Share consolidation

Post-consolidation trading date

September 16, 2026

NYSE American trading begins on an adjusted basis

Issued Class A shares

62,492,148 to 3,124,608

Pre-consolidation to post-consolidation, subject to rounding adjustments

Class A par value

USD0.001 to USD0.02

Before and after the share consolidation

Authorized Class A shares

1,000,000,000 to 50,000,000

Authorized capital structure before and after consolidation

Historical Context

2 past events · Latest: Sep 02

2 events

1. Sep 02

   Share consolidation approval

   24h Move

   +6.7%

   Shareholders approved the 20-for-1 consolidation and related charter amendments

2. Jun 25

   Share consolidation proposal

   24h Move

   -7.5%

   Shareholders approved a potential consolidation ranging from 3-for-1 to 20-for-1

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share consolidation, cusip, authorised share capital, regulation fd

4 terms

share consolidation financial

"intends to effect a share consolidation of its ordinary shares"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

cusip technical

"The CUSIP number for the Company's Class A ordinary shares"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

authorised share capital financial

"the authorised share capital of the Company will be reduced"

The maximum number of shares a company is legally allowed to create under its founding documents. Think of it like the size of an empty container: it sets the upper limit on how many ownership pieces the company can hand out, which matters to investors because it controls how easily a company can raise cash, dilute existing owners, or change voting power without a formal legal change.

regulation fd regulatory

"for complying with our disclosure obligation under Regulation FD"

Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SINGAPORE, Sept. 10, 2026 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU) (the "Company")today announced that it intends to effect a share consolidation of its ordinary shares at a ratio of 1 post-split ordinary share for every 20 pre-split ordinary shares (the "Share Consolidation") so that every twenty (20) shares issued and outstanding will be combined into one (1) share. The Share Consolidation will become effective at 4:05 p.m. (New York time) on September 15, 2026 (the "Effective Time").

The Company's Class A ordinary shares will continue to be traded on the NYSE American under the symbol "MPU" and will begin trading on a post-consolidation adjusted basis when the market opens on Wednesday September 16, 2026. The CUSIP number for the Company's Class A ordinary shares following the Share Consolidation will be G6005C116.

At the Effective Time, the authorised share capital of the Company will be reduced and amended from USD1,110,000 divided into 1,000,000,000 class A ordinary shares of par value USD0.001 each, 50,000,000 class B ordinary shares of par value USD0.001 each, 50,000,000 class C ordinary shares of par value USD0.001 each, and 10,000,000 preferred shares of par value USD0.001 each to USD1,110,000 divided into 50,000,000 class A ordinary shares of par value USD0.02 each, 2,500,000 class B ordinary shares of par value USD0.02 each, 2,500,000 class C ordinary shares of par value USD0.02 each, and 10,000,000 preferred shares of par value USD0.001.

As a result of the Share Consolidation, the number of issued and outstanding Class A ordinary shares of the Company will be reduced from 62,492,148 pre-consolidation Class A ordinary shares to approximately 3,124,608 post-consolidation Class A ordinary shares, subject to adjustments for rounding. Outstanding warrants and other outstanding equity rights will be proportionately adjusted to reflect the Share Consolidation. No fractional shares will be issued as a result of the Share Consolidation. Instead, any fractional shares that would have resulted from the Share Consolidation will be rounded up to the next whole number.

The Share Consolidation is primarily intended to increase the Company's per share trading price in order to maintain its listing on NYSE American.

Shareholders holding their shares in book-entry form or in "street name" (through a broker, bank or other holder of record) will have their shares automatically adjusted to reflect the Share Consolidation. Shareholders of record may direct questions concerning the Share Consolidation to the Company's transfer agent, Continental Stock Transfer & Trust Company.

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU), a holding company headquartered in Singapore, is executing its strategic expansion into the stablecoin governance tokens treasury reserve strategy and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect wholly owned subsidiary of the Company. For more information, please contact info@megamatrix.io or visit http://www.megamatrix.io.

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 utilize AI to reduce short drama production costs and improve efficiency; ability to deploy OpenClaw as an enterprise AI tool across selected internal functions, 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. 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 may also 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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SOURCE Mega Matrix Inc.

FAQ

When will Mega Matrix shares begin trading on a post-consolidation basis and under what symbol?

Mega Matrix states that its Class A ordinary shares will begin trading on a post-consolidation adjusted basis when the market opens on Wednesday, September 16, 2026. The shares will continue to trade on the NYSE American under the symbol "MPU".

How will the authorized share capital structure change after the share consolidation?

After the consolidation, authorized share capital remains USD1,110,000 but is reallocated as follows: 50,000,000 Class A ordinary shares of par value USD0.02 each, 2,500,000 Class B ordinary shares of par value USD0.02 each, 2,500,000 Class C ordinary shares of par value USD0.02 each, and 10,000,000 preferred shares of par value USD0.001 each.

How many Mega Matrix Class A shares will be outstanding after the consolidation?

The number of issued and outstanding Class A ordinary shares will be reduced from 62,492,148 pre-consolidation shares to approximately 3,124,608 post-consolidation shares, subject to adjustments for rounding.

What happens to fractional shares resulting from the 1-for-20 consolidation?

No fractional shares will be issued. Any fractional share that would have resulted from the consolidation will be rounded up to the next whole number of Class A ordinary shares.

How will outstanding warrants and other equity rights be affected?

Outstanding warrants and other outstanding equity rights will be proportionately adjusted to reflect the 1-for-20 share consolidation.

Do shareholders need to take any action if they hold shares in book-entry or street name?

Shareholders holding shares in book-entry form or in "street name" through a broker, bank or other holder of record will have their holdings automatically adjusted to reflect the share consolidation. Shareholders of record may direct questions about the consolidation to the company's transfer agent, Continental Stock Transfer & Trust Company.