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Mega Matrix (NYSE: MPU) revises 2025 executive cash pay disclosure

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Form Type
6-K

Rhea-AI Filing Summary

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.

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Originally reported executive cash compensation 2025 $101.6 million Incorrect figure in 2025 Annual Report for year ended December 31, 2025
Correct executive cash compensation 2025 approximately $1.02 million Revised figure for executive officers’ cash compensation in 2025
Fiscal year end December 31, 2025 Period for which executive compensation figures apply
share-based compensation expenses financial
"With respect to the share-based compensation expenses that some investors have asked about..."
Share-based compensation expenses are the accounting costs a company records when it pays employees, directors or contractors with company stock, stock options, or other equity instruments instead of cash. Investors care because these expenses reduce reported profits and can increase the number of outstanding shares, diluting ownership — like a business paying wages with gift cards that count as payroll cost and also add more gift cards in circulation.
non-cash accounting expenses financial
"the relevant share-based compensation expenses primarily represent non-cash accounting expenses."
Non-cash accounting expenses are charges that reduce a company’s reported profit but do not involve any actual cash leaving the business, such as depreciation, amortization, stock-based compensation or impairment. They matter to investors because they affect accounting earnings and tax calculations without changing immediate cash flow, so comparing reported profit to cash generated is like comparing a bank statement to a household budget that includes worn-out appliances being written off over time.
equity incentive arrangements financial
"These equity incentive arrangements are intended to support the Company’s business transformation..."
Equity incentive arrangements are pay plans that give employees, executives or directors the right to receive company stock or stock-linked rewards instead of cash, often tied to continued service or company performance. They matter to investors because they align workers’ interests with shareholders—like paying employees with pieces of the company pie—but can dilute existing ownership and affect reported profits and stock value if large or poorly structured.
stablecoin governance tokens treasury reserve strategy financial
"is executing its strategic expansion into the stablecoin governance tokens treasury reserve strategy..."
forward-looking statements regulatory
"This report contains forward-looking statements within the meaning of the “safe harbor” provisions..."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Regulation FD regulatory
"for complying with our disclosure obligation under Regulation FD via the following social media channels"
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.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

 

Commission File Number: 001-42370

 

MEGA MATRIX INC.

 

Level 21, 88 Market Street

CapitaSpring

Singapore 048948

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F           Form 40-F 

 

 

 

 

 

EXPLANATORY NOTE

 

Mega Matrix Inc. (NYSE American: MPU, the Company) has noted recent media and investor attention regarding the executive compensation and share-based compensation disclosures in the Companys Form 20-F originally filed with the Securities and Exchange Commission on April 16, 2026 (the “2025 Annual Report”).

 

After internal review, the Company confirmed that a typographical error appeared in the Directors, Senior Management and Employees Compensation section of its 2025 Annual Report. The cash compensation paid to the Companys executive officers in fiscal year ended December 31, 2025 was incorrectly stated as $101.6 million. The correct amount should be approximately $1.02 million.

 

The Company has filed an amendment to its 2025 Annual Report to correct the above-mentioned typographical error. This amendment only relates to the correction of the above-mentioned amount and does not affect the Companys 2025 financial statements, operating data, or other previously disclosed core business information.

 

With respect to the share-based compensation expenses that some investors have asked about, the Company would like to clarify that the relevant share-based compensation expenses primarily represent non-cash accounting expenses. They do not represent cash compensation paid by the Company to management, employees, or service providers. These equity incentive arrangements are intended to support the Companys business transformation and long-term development, attract, incentivize and retain core team members, partners and relevant service providers, and align their interests with the long-term value of the Company and its shareholders.

 

The Company will continue to advance its short-drama platform optimization, exploration of AI-assisted content production, and digital asset-related strategy in line with its established business plan. The Company will also continue to strengthen its disclosure review process and investor communication to ensure timely, accurate and complete public disclosure.

 

Investors and the public should refer to the Companys official filings with the U.S. Securities and Exchange Commission and the Companys public disclosures for accurate information.

 

FORWARD-LOOKING STATEMENTS

 

This report contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this report include, but are not limited to, statements related to our expectations regarding the ability to advance its short-drama platform optimization, exploration of AI-assisted content production, digital asset-related strategy in line with its established business plan, and ability to strengthen its disclosure review process and investor communication to ensure timely, accurate and complete public disclosure. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this report are subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the SEC on April 16, 2026, and as amended. The forward-looking statements in this report are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law.

 

EXHIBIT INDEX

 

Exhibit No.   Description of Document
99.1   Press Released dated  April 27, 2026

  

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Mega Matrix Inc.
   
April 27, 2026 By: /s/ Yucheng Hu
    Yucheng Hu
    Chief Executive Officer

 

2

 

Exhibit 99.1

 

Mega Matrix Provides Supplemental Clarification Regarding Certain Disclosures in Its 2025 Annual Report

SINGAPORE, April 27, 2026 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU) (the "Company") has noted recent media and investor attention regarding the executive compensation and share-based compensation disclosures in the Company’s Form 20-F originally filed with the Securities and Exchange Commission on April 16, 2026 (the “2025 Annual Report”).

 

After internal review, the Company confirmed that a typographical error appeared in the “Directors, Senior Management and Employees — Compensation” section of its 2025 Annual Report. The cash compensation paid to the Company’s executive officers in fiscal year ended December 31, 2025 was incorrectly stated as “$101.6 million.” The correct amount should be approximately “$1.02 million.”

 

The Company has filed an amendment to its 2025 Annual Report to correct the above-mentioned typographical error. This amendment only relates to the correction of the above-mentioned amount and does not affect the Company’s 2025 financial statements, operating data, or other previously disclosed core business information.

 

With respect to the share-based compensation expenses that some investors have asked about, the Company would like to clarify that the relevant share-based compensation expenses primarily represent non-cash accounting expenses. They do not represent cash compensation paid by the Company to management, employees, or service providers. These equity incentive arrangements are intended to support the Company’s business transformation and long-term development, attract, incentivize and retain core team members, partners and relevant service providers, and align their interests with the long-term value of the Company and its shareholders.

 

The Company will continue to advance its short-drama platform optimization, exploration of AI-assisted content production, and digital asset-related strategy in line with its established business plan. The Company will also continue to strengthen its disclosure review process and investor communication to ensure timely, accurate and complete public disclosure.

Investors and the public should refer to the Company’s official filings with the U.S. Securities and Exchange Commission and the Company’s public disclosures for accurate information.

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 report contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this report include, but are not limited to, statements related to our expectations regarding the ability to advance its short-drama platform optimization, exploration of AI-assisted content production, digital asset-related strategy in line with its established business plan, and ability to strengthen its disclosure review process and investor communication to ensure timely, accurate and complete public disclosure. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this report are subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the SEC on April 16, 2026, and as amended. The forward-looking statements in this report are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law.

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

 

 

FAQ

What executive compensation correction did Mega Matrix (MPU) disclose?

Mega Matrix corrected a typographical error in its 2025 Annual Report. Executive officers’ cash compensation for 2025 was about $1.02 million, not $101.6 million. The company says no other financial statements or core business data were affected by this amendment.

Does Mega Matrix’s 2025 compensation correction affect its financial results?

According to Mega Matrix, the correction only changes the executive cash compensation figure. It states the amendment does not impact the company’s 2025 financial statements, operating data, or previously disclosed core business information, so reported financial performance remains unchanged.

How does Mega Matrix (MPU) describe its share-based compensation expenses?

Mega Matrix explains that its share-based compensation expenses primarily represent non-cash accounting expenses. They do not reflect cash paid to management, employees, or service providers, but rather equity incentives designed to support business transformation and align interests with shareholders.

What strategic areas is Mega Matrix focusing on after this clarification?

Mega Matrix says it will continue advancing short-drama platform optimization, exploring AI-assisted content production, and pursuing a digital asset-related strategy in line with its existing business plan, while also strengthening disclosure review processes and investor communication practices.

Where can investors find accurate information about Mega Matrix (MPU)?

Mega Matrix directs investors to its official SEC filings, public disclosures, and corporate website. It also highlights designated social media channels and its website landing page as platforms where material information and links to disclosures may be posted under Regulation FD.

What is Mega Matrix Inc.’s core business focus?

Mega Matrix is a Singapore-headquartered holding company operating FlexTV, a short-video streaming and short-drama platform. It is also executing a strategic expansion into a stablecoin governance tokens treasury reserve strategy through its indirect wholly owned subsidiary Yuder Pte. Ltd.

Filing Exhibits & Attachments

1 document