Director Demir Yaman reports Class B and C holdings in Mega Matrix (MPU)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Mega Matrix Inc director Demir Yaman has filed an initial Form 3 disclosing his equity holdings in the company. He reports direct ownership of Class B Ordinary Shares that are convertible into 1,000,000 Class A Ordinary Shares and Class C Ordinary Shares that are convertible into 2,290,390 Class A Ordinary Shares.

The filing also explains that Class B and Class C shares are restricted to management shareholders and can be converted into Class A shares without additional payment, while Class A shares are not convertible into other classes. This is a disclosure of existing ownership, not a new purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Demir Yaman

Role Director

Type	Security	Shares	Price	Value
holding	Class B Ordinary Shares	--	--	--
holding	Class C Ordinary Shares	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 1,000,000 shares (Direct); Class C Ordinary Shares — 2,290,390 shares (Direct)

Footnotes (1)

Issuer is authorized to issue shares totaling US$1,110,000, divided into (i) 1,000,000,000 Class A Ordinary Shares of par value US$0.001 each ("Class A Shares"), (ii) 50,000,000 Class B Ordinary Shares of par value US$0.001 each ("Class B Shares"); (iii) 50,000,000 Class C Ordinary Shares of par value USD0.001 each ("Class C Shares") and (iv) 10,000,000 preferred shares of par value US$0.001 each. Subject to the memorandum and articles of association and to compliance with all fiscal and other laws and regulations applicable thereto, including the Companies Act (Revised) of the Cayman Islands, and any statutory modification or re-enactment thereof for the time being in force, (i) each Class B Share is convertible into one (1) Class A Share or one (1) Class C Share at the option of the holder thereof at any time after issuance and without the payment of any additional sum, and (ii) each Class C Share is convertible into one (1) Class A Share at the option of the holder thereof at any time after issuance and without the payment of any additional sum. Class B and Class C shares are restricted to Management Shareholders. Any transfer to a non-management holder triggers automatic conversion into Class A shares. Pursuant to the memorandum and articles of association, "Management Shareholder" means Mr. Yucheng Hu and/or Mr. Yaman Demir, each a director of the Company, including any Affiliate of such person. Class A Shares are not convertible into Class B Shares or Class C Shares under any circumstances.

Understanding Insider Trading Forms →

03/13/2026 - 07:34 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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hours per response:			0.5

1. Name and Address of Reporting Person^*

Demir Yaman

(Last)

(First)

(Middle)

C/O MEGA MATRIX INC.

LEVEL 21, 88 MARKET STREET, CAPITASPRING

(Street)

048948

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/18/2025

3. Issuer Name and Ticker or Trading Symbol
Mega Matrix Inc [ MPU ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Ordinary Shares	⁽¹⁾⁽²⁾⁽³⁾	⁽¹⁾⁽²⁾⁽³⁾	Class A Ordinary Shares	1,000,000	⁽¹⁾⁽²⁾⁽³⁾	D
Class C Ordinary Shares	⁽¹⁾⁽²⁾⁽³⁾	⁽¹⁾⁽²⁾⁽³⁾	Class A Ordinary Shares	2,290,390	⁽¹⁾⁽²⁾⁽³⁾	D

Explanation of Responses:

1. Issuer is authorized to issue shares totaling US$1,110,000, divided into (i) 1,000,000,000 Class A Ordinary Shares of par value US$0.001 each ("Class A Shares"), (ii) 50,000,000 Class B Ordinary Shares of par value US$0.001 each ("Class B Shares"); (iii) 50,000,000 Class C Ordinary Shares of par value USD0.001 each ("Class C Shares") and (iv) 10,000,000 preferred shares of par value US$0.001 each.

2. Subject to the memorandum and articles of association and to compliance with all fiscal and other laws and regulations applicable thereto, including the Companies Act (Revised) of the Cayman Islands, and any statutory modification or re-enactment thereof for the time being in force, (i) each Class B Share is convertible into one (1) Class A Share or one (1) Class C Share at the option of the holder thereof at any time after issuance and without the payment of any additional sum, and (ii) each Class C Share is convertible into one (1) Class A Share at the option of the holder thereof at any time after issuance and without the payment of any additional sum. Class B and Class C shares are restricted to Management Shareholders. Any transfer to a non-management holder triggers automatic conversion into Class A shares.

3. Pursuant to the memorandum and articles of association, "Management Shareholder" means Mr. Yucheng Hu and/or Mr. Yaman Demir, each a director of the Company, including any Affiliate of such person. Class A Shares are not convertible into Class B Shares or Class C Shares under any circumstances.

	/s/ Yaman Demir	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What does Demir Yaman’s Form 3 filing show for Mega Matrix (MPU)?

The Form 3 shows director Demir Yaman’s existing ownership in Mega Matrix. He holds Class B and Class C Ordinary Shares convertible into 1,000,000 and 2,290,390 Class A Ordinary Shares, respectively, disclosing his initial beneficial stake as a management shareholder in the company.

How many Mega Matrix shares are tied to Demir Yaman’s holdings?

Demir Yaman’s reported holdings are tied to 1,000,000 underlying Class A Ordinary Shares through Class B Ordinary Shares and 2,290,390 underlying Class A Ordinary Shares through Class C Ordinary Shares. Each Class B or Class C share is convertible into one Class A share without additional payment under the company’s terms.

Do Demir Yaman’s Class B and Class C Mega Matrix shares convert into Class A shares?

Yes. Each Class B share can convert into one Class A or one Class C share, and each Class C share can convert into one Class A share. Conversions occur at the holder’s option after issuance without extra payment, reflecting flexible rights for management shareholders like Demir Yaman.

Are Mega Matrix Class A shares convertible into Class B or Class C shares?

No. The company states that Class A Ordinary Shares are not convertible into Class B or Class C shares under any circumstances. Only Class B and Class C shares can convert into Class A shares, preserving one-way convertibility from management share classes into the main Class A equity.

Who qualifies as a management shareholder in Mega Matrix (MPU)?

Management shareholders are defined as Mr. Yucheng Hu and Mr. Yaman Demir, each a director, and any affiliate of those individuals. Class B and Class C shares are restricted to these management shareholders, and transfers to non-management holders trigger automatic conversion into Class A shares.