Mega Matrix Inc. Enters Share Agreements, Renames
Ticker: MPU · Form: 6-K · Filed: Dec 11, 2024 · CIK: 1953021
Sentiment: neutral
Topics: share-repurchase, share-subscription, name-change
TL;DR
Mega Matrix Inc. did a share repurchase & subscription deal with Yucheng Hu, previously known as MarsProtocol Inc.
AI Summary
On December 10, 2024, Mega Matrix Inc. entered into a share repurchase agreement and a share subscription agreement with Mr. Yucheng Hu. The company also announced its former name was MarsProtocol Inc., with a name change effective November 1, 2022.
Why It Matters
This filing indicates significant corporate actions involving share repurchases and subscriptions, alongside a past name change, which could impact investor perception and company structure.
Risk Assessment
Risk Level: low — The filing is a routine 6-K report detailing corporate actions and a past name change, with no immediate financial distress or significant new risks indicated.
Key Players & Entities
- Mega Matrix Inc. (company) — Registrant
- Yucheng Hu (person) — Counterparty in share agreements
- MarsProtocol Inc. (company) — Former company name
- December 10, 2024 (date) — Date of agreements
- November 1, 2022 (date) — Date of name change
FAQ
What are the terms of the share repurchase agreement entered into by Mega Matrix Inc. on December 10, 2024?
The filing states that Mega Matrix Inc. entered into a share repurchase agreement with Mr. Yucheng Hu on December 10, 2024, but the specific terms are not detailed in this excerpt.
What is the nature of the share subscription agreement between Mega Matrix Inc. and Mr. Yucheng Hu?
Mega Matrix Inc. entered into a share subscription agreement with Mr. Yucheng Hu on December 10, 2024, though the details of this agreement are not provided in the excerpt.
When did Mega Matrix Inc. officially change its name from MarsProtocol Inc.?
The company's former name was MarsProtocol Inc., and the date of the name change was November 1, 2022.
What is the principal executive office address for Mega Matrix Inc. as stated in the filing?
The principal executive office address is 103 Tampines Street 86 #03-06 The Alps Residences Singapore.
Does Mega Matrix Inc. file its annual reports under Form 20-F or Form 40-F?
Mega Matrix Inc. indicates that it files annual reports under cover of Form 20-F.
Filing Stats: 580 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-12-11 17:00:22
Key Financial Figures
- $0.001 — ,700 Class B ordinary shares, par value $0.001 (“Class B Shares”) to Mr. H
Filing Documents
- ea0224157-6k_megamatrix.htm (6-K) — 20KB
- ea022415701ex4-1_megamatrix.htm (EX-4.1) — 17KB
- ea022415701ex4-2_megamatrix.htm (EX-4.2) — 56KB
- 0001213900-24-107938.txt ( ) — 94KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Mega Matrix Inc. Date: December 11, 2024 By: /s/ Yucheng Hu Name: Yucheng Hu Title: Chairman 2