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Mega Matrix to enact 1-for-20 reverse split Sept. 15

Mega Matrix Inc. is effecting a 1-for-20 reverse share consolidation to boost its share price and support continued listing on NYSE American.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

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.

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Reverse split ratio 1-for-20 (one post-split share for every twenty pre-split shares) Share consolidation of Mega Matrix ordinary shares
Effective time 4:05 p.m. (New York time) on September 15, 2026 Time when the share consolidation becomes effective
Post-consolidation trading date September 16, 2026 Date MPU Class A shares begin trading on a post-consolidation basis
Pre-consolidation Class A shares outstanding 62,492,148 shares Number of Class A ordinary shares before the consolidation
Post-consolidation Class A shares outstanding Approximately 3,124,608 shares Number of Class A ordinary shares after the consolidation, subject to rounding
Authorized share capital USD 1,110,000 Total authorized capital before and after restructuring of share classes
Par value of ordinary shares after consolidation USD 0.02 per Class A, B, and C ordinary share New par value for ordinary shares post-consolidation
New CUSIP G6005C116 CUSIP number for Class A ordinary shares after the consolidation
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.
authorised share capital financial
"At the Effective Time, the authorised share capital of the Company"
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.
par value financial
"ordinary shares of par value USD0.02 each"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Class A ordinary shares financial
"The Company’s Class A ordinary shares will continue to be traded"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
NYSE American market
"in order to maintain its listing on NYSE American"
NYSE American is a stock exchange where companies can list their shares to be bought and sold by investors. It functions like a marketplace, helping businesses raise money and providing investors with opportunities to buy ownership in these companies. Its role is important because it facilitates the trading of smaller or emerging companies, offering investors access to a broader range of investment options.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What share consolidation is Mega Matrix Inc. (MPU) implementing?

Mega Matrix Inc. is effecting a 1-for-20 share consolidation, so that every twenty (20) issued and outstanding ordinary shares will be combined into one (1) share, reducing the number of Class A shares while proportionately adjusting outstanding warrants and other equity rights.

When does the MPU share consolidation take effect and when will trading adjust?

The share consolidation becomes effective at 4:05 p.m. (New York time) on September 15, 2026. Mega Matrix’s Class A ordinary shares will begin trading on a post-consolidation-adjusted basis on the NYSE American when the market opens on September 16, 2026.

How will Mega Matrix’s (MPU) outstanding Class A shares change 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, with any fractional shares rounded up to the next whole number.

What happens to Mega Matrix’s authorized share capital after the reverse split?

At the effective time, authorized share capital of USD 1,110,000 will be restructured into 50,000,000 Class A, 2,500,000 Class B, and 2,500,000 Class C ordinary shares at USD 0.02 par value each, plus 10,000,000 preferred shares at USD 0.001 par value.

Why is Mega Matrix Inc. (MPU) undertaking this share consolidation?

Mega Matrix states that the share consolidation is primarily intended to increase its per share trading price in order to maintain its listing on NYSE American, although it notes that no guarantees can be offered regarding the trading price or continued listing.

How will fractional shares be treated in the Mega Matrix (MPU) reverse split?

No fractional shares will be issued. Any fractional shares that would have resulted from the 1-for-20 consolidation will instead be rounded up to the next whole share, simplifying post-consolidation holdings for shareholders.

Will Mega Matrix’s (MPU) ticker or CUSIP change after the consolidation?

The Class A ordinary shares will continue to trade on NYSE American under the symbol “MPU”. Following the share consolidation, the CUSIP number for the Class A ordinary shares will change to G6005C116.

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

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Learn about SEC filing dates

 

 

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 September 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 

 

 

 

 

Other Events

 

The Board of Directors of Mega Matrix Inc. (the “Company”) has been authorized to effect a share consolidation at a ratio of 1 post-split ordinary share for every 20 pre-split ordinary shares (the “Share Consolidation”). At the effective time of the Share Consolidation, the authorized 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.

 

The Share Consolidation and the Fourth Amended and Restated Memorandum and Articles of Association, both of which will take effect on September 15, 2026, were duly approved by the shareholders of the Company at an extraordinary general meeting held on September 1, 2026. 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 September 16, 2026. The CUSIP number for the Company’s ordinary shares following the Share Consolidation will be G6005C116.

 

The Share Consolidation is primarily intended to increase the Company’s per share trading price in order to maintain its listing on NYSE American. Although no guarantees can be offered, the Company believes that the Share Consolidation will enable the Company to maintain its NYSE American listing.

 

The Share Consolidation will reduce the issue and outstanding number of ordinary shares of the Company’s 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.

 

A copy of the Fourth Amended and Restated Memorandum of Association is attached hereto as Exhibit 3.1. A copy of the press release is attached hereto as Exhibit 99.1.

 

Incorporation by Reference

 

This report, Exhibit 3.1 and Exhibit 99.1 to this Form 6-K shall be deemed to be incorporated by reference in the registration statements on Form S-8 (File No. 333-277227), Form F-3 (File No. 333-283739), Form S-8 (File No. 333-289715), Form F-3 (File No. 333-290026) and Form S-8 (File No. 333-295194), each as filed with the Securities and Exchange Commission, to the extent not superseded by documents or reports subsequently filed.

 

Exhibit Index

 

Exhibit   Exhibit Description
     
3.1   Fourth Amended and Restated Memorandum of Association
99.1   Press Release, dated September 10, 2026 Announcing Share Consolidation of Class A Ordinary Shares

 

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.
   
  By: /s/ Yucheng Hu
  Name:  Yucheng Hu
  Title: Chief Executive Officer
Dated: September 10, 2026    

 

2

 

Exhibit 99.1

 

Mega Matrix Inc.

Announces Share Consolidation of Class A Ordinary Shares

 

Class A Ordinary Shares Will Begin Trading on a Post-Consolidation Adjusted Basis on
September 16, 2026

 

SINGAPORE, September 10, 2026 (PRNEWSWIRE) -- Mega Matrix Inc. (NYSE American: MPU or “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) is a holding company 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. Mega Matrix Inc. is a Cayman Islands corporation headquartered in Singapore. 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 complete the Share Consolidation; the ability to increase the trading price of the Company’s class A ordinary shares and maintain its listing on the NYSE American; the ability to manage growth; the ability to identify and integrate future acquisitions; the ability to grow and expand its main business; the ability to obtain additional financing in the future to fund capital expenditures; 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 April 16, 2026, as further amended on April 27, 2026, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. 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

 

The Company announce material information about the Company and its services and for complying with its disclosure obligation under Regulation FD via the following social media channels:

 

X (f/k/a Twitter): twitter.com/MegaMatrixMPU
Facebook:

facebook.com/megamatrixmpu

facebook.com/flextvus

LinkedIn: linkedin.com/company/megamatrixmpu
TikTok: tiktok.com/@flextv_english
YouTube: youtube.com/@FlexTV_English

 

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 the Company posts through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following its website, press releases, SEC filings and public conference calls and webcasts. The social media channels that the Company intends to use as a means of disclosing the information described above may be updated from time to time as listed on its website.

 

For inquiries, please contact: Info@megamatrix.io

 

 

Filing Exhibits & Attachments

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