AGM/EGMJun 25, 2026, 04:07 PM
Mega Matrix Shareholders Approve 20:1 Share Consolidation
AI Summary
Mega Matrix Inc. announced the results of its 2026 Annual General Meeting held on June 22, 2026. Shareholders approved the election of four directors and the appointment of Audit Alliance LLP as the independent auditor for fiscal year 2026. The most significant approval was a proposal for a share consolidation of 20 Shares into 1 Share, conditional on Board determination, along with the adoption of amended articles of association to reflect this change.
Key Highlights
- Shareholders approved the election of four persons to the board of directors.
- Approved a proposal for a share consolidation of 20 Shares into 1 Share, or a lesser whole-share ratio not less than 3:1.
- The share consolidation is conditional upon Board approval and effective date determination.
- Approved the adoption of an amended and restated memorandum and articles of association, effective after the share consolidation.
- Ratified the appointment of Audit Alliance LLP as the independent registered public accounting firm for fiscal year 2026.
Price Impact
More from MPU
More in AGM/EGM