Cosmic Vision adds 5.66% Mega Matrix (NASDAQ: MPU) stake via $16M placement

Rhea-AI Filing Summary

Cosmic Vision Innovations Ltd filed a Schedule 13D reporting beneficial ownership of 3,500,000 Class A ordinary shares of Mega Matrix Inc., representing 5.66% of the class. These shares were acquired in a private placement where the issuer sold 16,000,000 shares for gross proceeds of $16,000,000 at $1.00 per share.

Cosmic Vision invested $3,500,000 of its own working capital, without borrowed funds, for investment purposes. It states it may buy more or sell shares over time and may discuss business, governance, capital structure, or strategy with Mega Matrix’s management, board, or other shareholders, but currently discloses no specific plans for corporate transactions.

Insights

Equity ownership and governance analyst

New 5.66% holder discloses stake from recent $16M placement.

Cosmic Vision Innovations Ltd reports owning 3,500,000 Class A shares of Mega Matrix Inc., or 5.66% of the class, after participating in a private placement of 16,000,000 shares for total proceeds of $16,000,000 at $1.00 per share.

The investor used working capital rather than debt and characterizes the position as an investment. It indicates flexibility to increase or reduce its holdings and to engage with management, the board, shareholders, or others on business, governance, capital structure, and strategy.

Because this is an ownership disclosure rather than an operating or financing change for the company, its impact depends on any future actions or proposals Cosmic Vision may advance, which are not specified in this Schedule 13D.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

Mega Matrix Inc.

(Name of Issuer)

Class A Ordinary Shares, par value $0.001 per share

(Title of Class of Securities)

Cosmic Vision Innovations Ltd
Unit 417, Tower 2, Lippo Center, No. 89 Queensway Admiralty
Hong Kong, K3, 00000
852 95721033

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

07/24/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP Number(s):

1

Name of reporting person

Cosmic Vision Innovations Ltd

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 3,500,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 3,500,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

3,500,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

5.66 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

The calculation of the percentage is based on 61,881,433 Class A ordinary shares, par value $0.001 per share, outstanding as of November 25, 2025, as reported by the Issuer in Amendment No. 1 to the Form F-3 registration statement filed on November 25, 2025.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A Ordinary Shares, par value $0.001 per share
(b)	Name of Issuer: Mega Matrix Inc.
(c)	Address of Issuer's Principal Executive Offices: Level 21, 88 Market Street, CapitaSpring, SINGAPORE , 048948.
Item 2.	Identity and Background
(a)	Cosmic Vision Innovations Ltd (the "Company") is a corporation with limited liability organized under the laws of Hong Kong.
(b)	Business address of the Company is Unit 417, Tower 2, Lippo Center, No. 89 Queensway Admiralty, Hong Kong.
(c)	Its principle business is investment management.
(d)	During the last five years, the Company has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	During the last five years, the Company has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, which as a result of such proceeding, was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, United States federal or state securities laws or finding any violation with respect to such laws.
(f)	Hong Kong.
Item 3.	Source and Amount of Funds or Other Consideration
	On July 24, 2025, the Issuer closed a private placement (the "Offering") of an aggregate of 16,000,000 class A ordinary shares, par value $0.001 ("Shares") for a gross proceed of $16,000,000, or $1.00 per share. The Company participated in the Offering and purchased 3,500,000 class A ordinary shares for an aggregate of $3,500,000. The funds used to acquire the Shares were derived from the Reporting Person's working capital. No part of the purchase price was represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading or voting the securities, and no agreements or arrangements exist with respect to such financing. .
Item 4.	Purpose of Transaction
	The Reporting Person purchased the Shares for investment purposes based on its belief that the Shares represented an attractive investment opportunity. The Reporting Person may, from time to time, depending on market conditions and other relevant factors, acquire additional securities of the Issuer or dispose of some or all of its securities in the open market, in privately negotiated transactions, or otherwise. The Reporting Person may engage in discussions with management, the board of directors, shareholders, or other parties regarding the Issuer's business, operations, governance, capital structure, strategic direction or other matters. Except as described above, the Reporting Person currently has no plans or proposals that relate to or would result in:(a) the acquisition by any person of additional securities of the Issuer or the disposition of securities of the Issuer; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries, or any others.
Item 5.	Interest in Securities of the Issuer
(a)	The information contained on the cover pages to this Schedule 13D is incorporated herein by reference. There are 61,881,433 Class A ordinary shares, par value $0.001 per share, outstanding as of November 25, 2025, as reported by the Issuer in Amendment No. 1 to the Form F-3 registration statement filed on November 25, 2025.
(b)	The Reporting Person has sole power to vote or direct the vote with respect to the 3,500,000 Shares and no shared voting power. The Reporting Person also has sole power to dispose or direct the disposition of the 3,500,000 Shares and no shared dispositive power.
(c)	Not applicable.
(d)	No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, the Shares beneficially owned by the Reporting Person.
(e)	Not applicable.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The information set forth in Item 3 and Item 4 above is incorporated herein by reference.
Item 7.	Material to be Filed as Exhibits.
	Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Cosmic Vision Innovations Ltd

Signature:	/s/ Yi Shi
Name/Title:	Yi Shi / Director
Date:	03/04/2026

FAQ

What stake in Mega Matrix Inc. (MPU) does Cosmic Vision Innovations Ltd report?

Cosmic Vision Innovations Ltd reports beneficial ownership of 3,500,000 Class A ordinary shares of Mega Matrix Inc., representing 5.66% of that share class. This stake arises from its participation in a recent private placement, as detailed in the Schedule 13D filing.

How did Cosmic Vision Innovations Ltd acquire its Mega Matrix Inc. (MPU) shares?

Cosmic Vision acquired its Mega Matrix shares in a private placement where the issuer sold 16,000,000 Class A shares for total gross proceeds of $16,000,000. Cosmic Vision purchased 3,500,000 shares at $1.00 per share using its working capital.

Did Cosmic Vision Innovations Ltd borrow funds to buy Mega Matrix Inc. (MPU) shares?

No, the Schedule 13D states the $3,500,000 purchase price for 3,500,000 Mega Matrix shares came from Cosmic Vision’s working capital. It specifies that no part of the price was borrowed or otherwise obtained for acquiring, holding, trading, or voting the securities.

What are Cosmic Vision Innovations Ltd’s intentions for its Mega Matrix Inc. (MPU) investment?

Cosmic Vision purchased the shares for investment purposes, viewing them as an attractive opportunity. It may buy additional securities or sell some or all holdings over time and may discuss business, governance, capital structure, or strategy with company stakeholders, without specific plans disclosed.

What were the terms of the Mega Matrix Inc. (MPU) private placement mentioned in the filing?

The issuer completed a private placement of 16,000,000 Class A ordinary shares at $1.00 per share, generating gross proceeds of $16,000,000. Cosmic Vision Innovations Ltd participated by buying 3,500,000 shares within this offering, according to the Schedule 13D.

How many Mega Matrix Inc. (MPU) Class A shares are outstanding for the 5.66% calculation?

The reported 5.66% ownership is based on 61,881,433 Class A ordinary shares outstanding as of November 25, 2025, as referenced from Mega Matrix Inc.’s Amendment No. 1 to its Form F-3 registration statement filed on that date.