Mega Matrix Inc. Shareholder Converts Class B to Class C Shares
Ticker: MPU · Form: 6-K · Filed: Sep 24, 2025 · CIK: 1953021
Sentiment: neutral
Topics: share-conversion, insider-transaction, corporate-governance
TL;DR
Mega Matrix Inc. Chairman Hu converted 3.1M Class B shares to Class C shares on Sept 2.
AI Summary
On September 2, 2025, Yucheng Hu, Chairman of Mega Matrix Inc. and a shareholder, requested to convert 3,123,723 Class B ordinary shares into an equal number of Class C ordinary shares. This conversion is in accordance with the company's Third Amended and Restated Memorandum and Articles of Association.
Why It Matters
This share conversion by a key executive could signal a shift in share structure or voting power within Mega Matrix Inc.
Risk Assessment
Risk Level: low — This is a routine share conversion by a company insider and does not immediately indicate significant financial or operational risk.
Key Numbers
- 3,123,723 — Shares Converted (Number of Class B shares converted to Class C shares by Chairman Yucheng Hu.)
Key Players & Entities
- Mega Matrix Inc. (company) — Filing company
- Yucheng Hu (person) — Chairman of the Board and shareholder
- 3,123,723 Class B ordinary shares (dollar_amount) — Shares converted
- 3,123,723 Class C ordinary shares (dollar_amount) — Shares converted into
- September 2, 2025 (date) — Date of conversion notice
FAQ
What is the par value of the Class B and Class C ordinary shares?
The par value for both Class B and Class C ordinary shares is $0.001 per share.
What is the reason for this specific share conversion?
The filing states the conversion was requested by Chairman Yucheng Hu pursuant to the Company’s Third Amended and Restated Memorandum and Articles of Association.
Who is Yucheng Hu in relation to Mega Matrix Inc.?
Yucheng Hu is the Chairman of the Board of Directors and a shareholder of Mega Matrix Inc.
When did the notice of conversion occur?
The notice of conversion was submitted on September 2, 2025.
What is the previous name of Mega Matrix Inc.?
The former company name was MarsProtocol Inc., with a date of name change on November 1, 2022.
Filing Stats: 481 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2025-09-24 16:01:18
Key Financial Figures
- $0.001 — ,723 Class B ordinary shares, par value $0.001 per share (“Class B Shares”
Filing Documents
- ea0258504-6k_mega.htm (6-K) — 11KB
- 0001213900-25-091100.txt ( ) — 12KB
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. By: /s/ Yucheng Hu Yucheng Hu Chief Executive Officer Dated: September 24, 2025 2