Mega Matrix Corp Says On Jan 12, Co Entered Into A Unit Subscription Agreement With Certain Investors; Post Agreement, Subscribers Agreed To Purchase Aggregate Of 2.5M Units For Aggregate Purchase Price Of $3.7M Or $1.50/Unit
Portfolio Pulse from Benzinga Newsdesk
Mega Matrix Corp entered into a Unit Subscription Agreement on Jan 12 with investors to sell 2.5M units at $1.50/unit, totaling $3.7M, as per an SEC filing.
January 18, 2024 | 1:16 pm
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POSITIVE IMPACT
Mega Matrix Corp (MPU) secured $3.7M in funding through a Unit Subscription Agreement, selling 2.5M units at $1.50 each.
The news of Mega Matrix Corp securing funding is likely to be viewed positively by investors as it indicates investor confidence and provides the company with additional capital. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100