Mega Matrix Announces 20-for-1 Share Consolidation and Board Elections
MPU•Mega Matrix shareholders approved a 20-for-1 share consolidation, with the board retaining discretion to set the final ratio no lower than 3-for-1. They also elected four directors to serve until the next AGM and ratified Audit Alliance LLP as independent public accounting firm for fiscal 2026.
1. Board Elections
Shareholders elected four directors to the board, each to serve until the next annual general meeting or until resignation, removal or other departure, ensuring continued governance oversight.
2. Share Consolidation Details
Shareholders approved consolidating every twenty Class A, B and C ordinary shares into one share, with a minimum consolidation ratio of three-to-one, retaining identical rights and restrictions and vesting timing authority in the board.
3. Charter Amendment
An amended and restated memorandum and articles of association will replace the existing charter immediately following the share consolidation, updating par value and share structure to reflect the consolidation.
4. Audit Firm Appointment
Audit Alliance LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026, maintaining audit continuity.
