Mega Matrix Inc. Announces Results of its Extraordinary General Meeting
Mega Matrix shareholders approved a 20-to-1 consolidation of all ordinary share classes at the September 1 extraordinary general meeting, with the split taking effect September 15, 2026 and fractional shares rounded up. The consolidation cuts authorized class A shares from 1 billion to 50 million and lifts par value to USD0.02, with a fourth amended and restated memorandum and articles of association adopted to implement the change.
Key figures
- Effective date
- September 15, 2026
- Reverse split ratio
- 20:1
- Pre consolidation par value
- USD0.001
- Post consolidation par value
- USD0.02
- Pre consolidation authorized class a shares
- 1000000000
- Post consolidation authorized class a shares
- 50000000
AI analysis
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