Mega Matrix Inc. filings document the disclosures of a foreign private issuer with a short-drama streaming platform and a digital asset treasury strategy. Form 20-F materials and related Form 6-K reports cover operating results, liquidity, financing activity, content strategy, AI-related business initiatives, and risk factors tied to stablecoins, governance tokens and digital assets.
The filing record also includes interim financial statements, management discussion and analysis, registration statement references, director and officer changes, compensation arrangements, share-based compensation disclosures, and amendments or clarifications to annual-report information. These documents describe the company’s governance, capital structure, risk profile and public-reporting obligations.
Mega Matrix Inc. (MPU) reported revenue of $10,471,500 for the six months ended June 30, 2026, versus $14,796,800 in 2025, and net loss of $6,302,500 versus $3,942,100. In-App Purchase revenue was $8,467,700 versus $12,455,500; advertising revenue rose to $1,468,800 from $1,150,300, while licensing revenue fell to $535,000 from $1,191,000. Period active users were 2,342,008 versus 4,085,282.
Net cash used in operating activities was $3,042,400, versus $3,985,800. Cash was $3,208,000 and working capital was $5,026,100 at June 30, 2026; management assessed working capital sufficient to meet obligations for the next 12 months. Average revenue per active user was $3.62 versus $3.05, and advertising expenses were 43% of revenue versus 53%.
Management described a shift toward asset-light content procurement. On May 26, 2026, the company agreed to acquire 30% of Armonia Technology Limited for $1,500,000; $1,200,000 was invested in USDT and $300,000 remained payable. The company has no voting rights or significant influence over Armonia. MPU effected a 1-for-20 share consolidation on September 15, 2026.
Mega Matrix Inc. (MPU) is implementing a 1-for-20 reverse share consolidation of its ordinary shares, so that every twenty pre-consolidation shares will be combined into one post-consolidation share. The share consolidation and the Fourth Amended and Restated Memorandum and Articles of Association were approved by shareholders at an extraordinary general meeting held on September 1, 2026, and will take effect on September 15, 2026 at 4:05 p.m. New York time. Mega Matrix states that the consolidation is primarily intended to increase its per share trading price in order to maintain its listing on NYSE American.
Following the consolidation, the number of issued and outstanding Class A ordinary shares will be reduced from 62,492,148 to approximately 3,124,608, subject to rounding, with fractional shares rounded up to the next whole share. The authorized share capital will remain USD 1,110,000 but be restructured into 50,000,000 Class A, 2,500,000 Class B, 2,500,000 Class C ordinary shares at USD 0.02 par value each, and 10,000,000 preferred shares at USD 0.001 par value. Outstanding warrants and other equity rights will be proportionately adjusted. MPU’s Class A ordinary shares will continue trading on NYSE American under the symbol “MPU” and will begin trading on a post-consolidation-adjusted basis when the market opens on September 16, 2026.
Mega Matrix Inc. (MPU) reported that it held an Extraordinary General Meeting on September 1, 2026, at its Singapore headquarters and subsequently announced the meeting results in a press release dated September 2, 2026. The disclosure notes that Mega Matrix is a Cayman Islands holding company operating the FlexTV short-video streaming platform through its indirect wholly owned subsidiary Yuder Pte. Ltd.
The communication emphasizes that it contains forward-looking statements subject to numerous risks, including the ability to complete a potential Share Consolidation, increase the trading price of its Class A ordinary shares, maintain its NYSE American listing, obtain financing, and grow its business. Mega Matrix also highlights that material information may be disclosed via specified social media channels in addition to its website, SEC filings, press releases, and public calls.
Mega Matrix Inc. (MPU) has called an extraordinary general meeting of shareholders for September 1, 2026 in Singapore to vote on a 1-for-20 share consolidation and related charter amendments. All issued and unissued Class A, B and C ordinary shares of par value USD0.001 would be consolidated into shares of par value USD0.02, effective September 15, 2026, with no fractional shares issued and any fractions rounded up to the next whole share.
Authorized share capital would remain USD1,110,000 but shift from 1,000,000,000 Class A, 50,000,000 Class B, 50,000,000 Class C and 10,000,000 preferred shares at USD0.001 par to 50,000,000 Class A, 2,500,000 Class B, 2,500,000 Class C at USD0.02 par plus 10,000,000 preferred at USD0.001 par. The board states the main goal is to increase MPU’s share price to help meet NYSE American continued listing requirements and potentially broaden investor interest, while noting there is no assurance the consolidation will sustain a higher price or prevent delisting.
As of August 6, 2026, Mega Matrix had 62,492,148 Class A, 2,809,977 Class B and 3,123,723 Class C ordinary shares outstanding. Management and directors as a group held 8.89% of Class A, 100% of Class B and Class C, representing 87.52% of total voting power. The board unanimously recommends voting in favor of both the share consolidation and the updated memorandum and articles of association.
Mega Matrix Inc. furnished a Form 6-K to relay its 2026 Annual General Meeting information and related press release. The meeting was held virtually on June 22, 2026, and a press release describing the results is attached as Exhibit 99.1 and incorporated by reference into several existing registration statements.
The company reiterates that it operates FlexTV, a short-video streaming and short-drama platform, through an indirect wholly owned subsidiary and is headquartered in Singapore. The press release also includes standard forward-looking statement cautions and lists social media channels and the corporate website as key venues for future material disclosures.
Cosmic Vision Innovations Ltd filed an amendment to its Schedule 13D reporting a reduced ownership stake in Mega Matrix Inc. The firm now beneficially owns 2,847,453 Class A ordinary shares, representing 4.56% of the class based on 62,429,548 shares outstanding as of May 26, 2026. Cosmic Vision has sole voting and dispositive power over all of these shares. During the prior sixty days it executed several open‑market sales, including 22,057 shares on May 26, 2026 and 189,785 shares on June 8, 2026, contributing to its ownership falling below the 5% reporting threshold as of June 8, 2026.
Mega Matrix Inc. has called a virtual 2026 Annual General Meeting for June 22, 2026, asking shareholders to vote on four key proposals. These include re-electing four directors for one-year terms and approving a flexible reverse share split that would consolidate between 3 and 20 existing shares into 1 share, covering all Class A, B and C ordinary shares.
The board explains that a higher per-share price from this consolidation could help maintain NYSE American listing and broaden institutional interest, though it notes risks such as potential volatility and reduced liquidity. Shareholders are also asked to approve updated constitutional documents to reflect the consolidation mechanics and to ratify Audit Alliance LLP as independent auditor for the year ending December 31, 2026.
Mega Matrix Inc. filed a Form 6-K to correct a typographical error in its 2025 Annual Report regarding executive cash compensation. The report clarifies that cash compensation for executive officers for the year ended December 31, 2025 was approximately $1.02 million, not $101.6 million as previously stated.
The company states that the amendment affects only this figure and does not change its 2025 financial statements, operating data, or other core business information. It also explains that its share-based compensation expenses are primarily non-cash accounting expenses tied to equity incentives intended to support business transformation and long-term development.
Mega Matrix reiterates its focus on short-drama platform optimization, AI-assisted content production, and a digital asset-related strategy, and says it will strengthen its disclosure review process and investor communication. Investors are directed to the company’s SEC filings, website, and designated social media channels for accurate and potentially material information.
Mega Matrix Inc. filed Amendment No. 1 to its Form 20-F to correct a compensation figure, changing executive cash pay for 2025 from “$101.6 million” to $1.02 million and restating the compensation section.
For 2025, executives received $1.02 million in cash and 361,500 restricted stock units under the 2021 Equity Incentive Plan. The company also used its 2025 Equity Incentive Plan, issuing 7,955,000 Class A shares in 2025. As of December 31, 2025, 61,926,888 Class A, 2,809,977 Class B and 3,123,723 Class C shares were outstanding.
Mega Matrix Inc. reported 2025 total revenue of $26.1 million and year-end cash and cash equivalents of $7.3 million, supporting ongoing operations and growth plans. The company shifted its short‑drama platform to a more asset-light model, cutting in-house production in favor of third‑party and AI‑translated content.
This transition reduced marketing intensity and improved profitability metrics. Advertising expense fell from 62% of revenue in 2024 to 47% in 2025, while ARPU increased from $3.15 to $3.42. Adjusted EBITDA loss narrowed from $7.1 million to $5.6 million, showing a smaller operating deficit despite lower revenue.
Content scale continued to grow: FlexTV now offers 968 short dramas and over 10,500 multi‑language titles across 16 languages in more than 200 countries and regions. The company also advanced its digital asset treasury strategy, holding Bitcoin, Ethena and USDT with an approximate carrying value of $5.8 million under institutional custody.