MPU Mega Matrix Inc
Price Chart
Executive Summary
Mega Matrix Inc. filed its proxy statement for the 2026 Annual General Meeting on June 22, 2026. The key proposal is a reverse stock split (share consolidation) at a ratio between 1-for-3 and 1-for-20, aimed at boosting the share price to maintain NYSE American listing compliance after receiving a courtesy notice about low share price in March 2025. The filing is routine governance with a critical delisting-avoidance component, but no new financial data is provided.
Actionable Insight
The reverse split proposal is virtually guaranteed to pass given insider voting control (87.53%). The stock may trade on the split anticipation, but the underlying business fundamentals remain weak (28% revenue decline per the 20-F). Monitor post-split price action for delisting risk abatement; the split alone does not fix the revenue trajectory.
Key Facts
- Annual General Meeting scheduled for June 22, 2026, entirely virtual.
- Proposal No. 2 seeks approval for a reverse share consolidation at a ratio between 1-for-3 and 1-for-20, at the Board's discretion.
- Primary purpose is to increase per-share price to meet NYSE American continued listing requirements after a March 25, 2025 courtesy notice about low share price.
- If share price falls below $0.10, NYSE American may initiate delisting proceedings.
- Directors and executive officers control 87.53% of total voting power, ensuring passage of all proposals.
- Audit Alliance LLP proposed as independent auditor for FY 2026.
- No new financial results or guidance are provided in this filing.
Financial Impact
No financial figures reported. The reverse split is a capital structure adjustment with no direct financial impact, but failure to pass could lead to delisting and severely reduced liquidity.
Risk Factors
- Reverse split may not achieve sustained price above $1.00 or satisfy other NYSE American continued listing criteria.
- Reduced share count post-split could decrease liquidity and increase volatility.
- Underlying business continues to show revenue decline (28% YoY per 20-F) — the split does not address operational challenges.
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001213900-26-063492 |
| Document: ea0291913-6k_mega.htm | 0001213900-26-063492 |
| Document: ea029191301ex99-2.htm | 0001213900-26-063492 |
| Document: 0001213900-26-063492-index-headers.html | 0001213900-26-063492 |
| Document: 0001213900-26-063492-index.html | 0001213900-26-063492 |
| Document: 0001213900-26-063492.txt | 0001213900-26-063492 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 1, 2026
4d ago
|
6-K
| $0.3300 $0.3000 | ▼ −9.09% | ▼ −8.40% | $0.2652 (−19.64%) |
|
Apr 27, 2026
5w ago
|
6-K
| $0.6000 $0.6300 | ▲ +5.00% | ▲ +5.49% | $0.2652 (−55.80%) |
|
Apr 16, 2026
7w ago
|
6-K
| $0.7200 $0.7000 | ▼ −2.78% | ▼ −3.99% | $0.2652 (−63.17%) |
|
Apr 16, 2026
7w ago
|
20-F
| $0.7200 $0.7000 | ▼ −2.78% | ▼ −3.99% | $0.2652 (−63.17%) |
|
Mar 27, 2026
10w ago
|
6-K
| $0.7500 $0.7600 | ▲ +1.33% | ▲ +1.69% | $0.2652 (−64.64%) |
US Market Status
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