US Market News
1日前
Mega Matrix Provides Response to Unusual Market ActivityJune 11, 2026 7:55 AM
PR Newswire (US) SINGAPORE, June 11, 2026 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE American: MPU), a global short-drama streaming platform operator and digital asset treasury strategy company, today announced that the Company had become aware of unusual trading activity in its Class A ordinary shares on the NYSE American on June 9, 2026. The Company is issuing this press release pursuant to Section 401(d) of the NYSE Company Guide. The Company has made inquiries and does not believe corrective actions are appropriate. The Company is further announcing that there has been no material development in its business and affairs not previously disclosed or, to its knowledge, any other reason to account for the unusual market action.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.Disclosure ChannelsWe 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/MegaMatrixMPUFacebook:facebook.com/megamatrixmpuLinkedIn:linkedin.com/company/megamatrixmpuThe 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 View original content:https://www.prnewswire.com/news-releases/mega-matrix-provides-response-to-unusual-market-activity-302797651.htmlSOURCE Mega Matrix Inc. Original: Mega Matrix Provides Response to Unusual Market Activity
US Market News
2月前
Mega Matrix Provides Supplemental Clarification Regarding Certain Disclosures in Its 2025 Annual ReportApril 27, 2026 9:40 AM
PR Newswire (US)
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 StatementsThis 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 ChannelsWe 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/MegaMatrixMPUFacebook:facebook.com/megamatrixmpuLinkedIn:linkedin.com/company/megamatrixmpuThe 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
View original content to download multimedia:https://www.prnewswire.com/news-releases/mega-matrix-provides-supplemental-clarification-regarding-certain-disclosures-in-its-2025-annual-report-302754292.htmlSOURCE Mega Matrix Inc.
Original: Mega Matrix Provides Supplemental Clarification Regarding Certain Disclosures in Its 2025 Annual Report
US Market News
2月前
Mega Matrix Announces Fiscal 2025 Annual Results on Form 20-F: Dual-Engine Strategy Delivers Operational Efficiency, Margin Improvement and Strategic Web3 GrowthApril 16, 2026 7:55 AM
PR Newswire (US)
SINGAPORE, April 16, 2026 /PRNewswire/ -- Mega Matrix Inc. ("MPU" or the "Company") (NYSE American: MPU), a global short-drama streaming platform operator and digital asset treasury strategy company, today announced its annual report on Form 20-F for the fiscal year ended December 31, 2025. The report highlights the Company's progress in operational efficiency, margin improvement, content strategy transformation, and disciplined digital asset treasury management.Financial HighlightsIn 2025, the Company recorded total revenue of $26.1 million. As of December 31, 2025, cash and cash equivalents totaled $7.3 million, providing liquidity to support operations and future growth. During the year, the Company also completed financing activities, including private placements and at-the-market offering program, further supporting its long-term development strategy.Business and Operational HighlightsDuring 2025, the Company continued optimizing its short-drama business through a more asset-light operating model, scaling back in-house production in favor of third-party content procurement and AI-translation content. Although revenue declined compared to fiscal year 2024, this strategic transition helped improve marketing efficiency, lower production-related costs, and support a healthier margin profile. At the same time, marketing efficiency improved meaningfully, with advertising expense as a percentage of revenue declining from 62% in 2024 to 47% in 2025, driven by stronger organic social user acquisition. Monetization also strengthened, as average revenue per active user (ARPU) increased from $3.15 in 2024 to $3.42 in 2025, while adjusted EBITDA loss improved from $7.1 million to $5.6 million over the same period.The Company also continued expanding the scale of its global content operations. FlexTV now offers 968 short dramas with more than 10,500 multi-language titles across 16 languages, available in more than 200 countries and regions worldwide.Digital Asset Treasury StrategyDuring 2025, the Company further refined its digital asset treasury strategy into a dual-engine framework combining stable yield and growth potential. Under this framework, the Company holds a basket of stablecoins deployed into low-risk DeFi strategies while also allocating capital to governance tokens of leading stablecoin protocols. As of December 31, 2025, the Company held digital assets including Bitcoin (BTC), Ethena (ENA), and USDT, with a carrying value of approximately $5.8 million, under institutional custody by Matrixport Cactus Custody and Anchorage Digital Bank.Management Commentary"Fiscal 2025 marked a pivotal year of operational discipline and strategic focus," said Yucheng Hu, Chief Executive Officer of the Company. "We optimized our short-drama model, improved marketing efficiency, and strengthened our digital asset strategy. Looking ahead, we will accelerate AI content integration, expand global user reach, and pursue sustainable growth for shareholders."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 StatementsThis 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 manage growth; ability to identify and integrate future acquisitions, ability to utilize AI to reduce short drama production costs and improve efficiency; 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, and are based on information available to the Company on the date hereof. 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 ChannelsWe 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/MegaMatrixMPUFacebook:facebook.com/megamatrixmpuLinkedIn:linkedin.com/company/megamatrixmpuThe 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
View original content to download multimedia:https://www.prnewswire.com/news-releases/mega-matrix-announces-fiscal-2025-annual-results-on-form-20-f-dual-engine-strategy-delivers-operational-efficiency-margin-improvement-and-strategic-web3-growth-302744543.htmlSOURCE Mega Matrix Inc.
Original: Mega Matrix Announces Fiscal 2025 Annual Results on Form 20-F: Dual-Engine Strategy Delivers Operational Efficiency, Margin Improvement and Strategic Web3 Growth
US Market News
3月前
Mega Matrix Inc. Announces Strategic Initiative to Advance AI-Driven Short Drama Production and Enterprise AI DeploymentMarch 27, 2026 7:55 AM
PR Newswire (US)
SINGAPORE, March 27, 2026 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU) (the "Company") today announced a strategic initiative to advance artificial intelligence applications across its business, with a focus on AI-driven short drama production and enterprise AI deployment, as part of its broader effort to improve operational efficiency, optimize cost structure, and support long-term business development.
In content production, the Company plans to integrate AI technologies into key stages of short drama development and production as an upgrade to its existing operations. Initial testing of certain AI short drama production capabilities is expected to begin in the second quarter of 2026, with broader deployment targeted for the second half of 2026, subject to technological readiness, operational execution, regulatory considerations, and market conditions. The Company expects this initiative to remain focused on proprietary platform distribution and content licensing, while also seeking business synergies with AIFLIX, the Company's joint venture. Based on industry benchmarks, the Company expects AI-assisted short drama production to reduce production costs by 30% to 50% and shorten production cycles by more than 50%.Separately, the Company plans to deploy OpenCLAW as an enterprise AI tool across selected internal functions, including finance, operations, content management, and risk control. Initial implementation is expected to begin in the second quarter of 2026, with broader rollout targeted for the third quarter of 2026. The Company expects OpenCLAW to improve operational efficiency by 20% to 30% and reduce labor costs by 10% to 15%, while implementing appropriate data security, privacy protection, and internal governance measures.Yucheng Hu, CEO of MPU, commented, "We believe artificial intelligence is not only an important tool for improving enterprise efficiency, but also has the potential to advance the evolution of content production and enable high-quality content to reach broader audiences more efficiently. Based on our existing business foundation, we will prudently advance relevant applications and, while supporting long-term development, contribute to the industry's digital transformation."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 StatementsThis 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 manage growth; ability to identify and integrate future acquisitions, ability to utilize AI to reduce short drama production costs and improve efficiency; ability to deploy OpenClaw as an enterprise AI tool across selected internal functions, 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 March 28, 2025, and are based on information available to the Company on the date hereof. 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 ChannelsWe 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/MegaMatrixMPUFacebook:facebook.com/megamatrixmpuLinkedIn:linkedin.com/company/megamatrixmpuThe 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
View original content to download multimedia:https://www.prnewswire.com/news-releases/mega-matrix-inc-announces-strategic-initiative-to-advance-ai-driven-short-drama-production-and-enterprise-ai-deployment-302727113.htmlSOURCE Mega Matrix Inc.
Original: Mega Matrix Inc. Announces Strategic Initiative to Advance AI-Driven Short Drama Production and Enterprise AI Deployment