Mega Matrix Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $9.3M
- Price
- $2.75
- % Change (Daily % change from the live per-ticker quote feed.)
- +5.77%
- Volume
- 1.7K
About
Mega Matrix Inc. operates streaming platform in vertical screen entertainment in the United States, Canada, Asia Pacific, Europe, Middle East, Africa, and Latin America. Its FlexTV is a short drama streaming platform that produces English, Japanese, and Thai dramas that also translated into various languages for its users across various parts of Europe, America, and Southeast Asia. The company also acquires third party content licenses, which it then translates and distributes on its FlexTV platform; and provides online advertising services. Further, it produces films. Mega Matrix Inc. was incorporated in 1997 and is based in Singapore.
Quick stats
Shares outstanding3.4M
Computed float2.9M
Float / shares86.7%
Key info
SectorCommunication Services
IndustryEntertainment
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001953021
Websitehttps://www.megamatrix.io
AI Summary
AI-generated1/9
majorbearishreverse split
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.
The Singapore-based holding company remains in business-model transition, running the FlexTV short-drama platform while building a stablecoin governance token treasury reserve strategy.
Red flags
- 1-for-20 reverse split explicitly aimed at maintaining NYSE American listing — implies share price has fallen below exchange minimum
- Aggressive 1:20 consolidation ratio leaves only ~3.1M shares outstanding post-split
- Continued business-model pivot from short-video streaming (FlexTV) to stablecoin governance token treasury strategy adds execution and valuation uncertainty