Mega Matrix Inc. Announces Share Consolidation of Class A Ordinary Shares
Mega Matrix will consolidate its Class A ordinary shares at a 1-for-20 ratio, effective 4:05 p.m. New York time on September 15, 2026, with post-consolidation trading under the unchanged MPU symbol beginning September 16 on NYSE American. Shares outstanding drop from 62,492,148 to roughly 3,124,608, with warrants and other equity rights proportionately adjusted and fractional shares rounded up to whole shares. The stated purpose is to increase the per-share trading price to maintain the NYSE American listing — a compliance-driven signal that the stock had fallen below the exchange's price standard.
Key figures
- New cusip
- G6005C116
- Effective date
- 2026-09-15
- Reverse split ratio
- 1-for-20
- Post split trading start
- 2026-09-16
- Pre consolidation shares
- 62492148
- Post consolidation shares
- 3124608
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.