Mega Matrix to Execute 1-for-20 Reverse Split to Meet NYSE Listing Rules
Singapore – September 15, 2026 -- Mega Matrix Inc. (NYSE American: MPU) will consolidate its Class A ordinary shares on a 1-for-20 basis effective 4:05 p.m. New York time on September 15, 2026, cutting its outstanding Class A share count from 62,492,148 to approximately 3,124,608.
Reverse split aims to lift trading price above NYSE American thresholds
The company said the consolidation is primarily intended to increase its per-share trading price to maintain its listing on NYSE American. Shares will begin trading on a post-consolidation adjusted basis when the market opens September 16, 2026, continuing under the ticker "MPU" with a new CUSIP number, G6005C116.