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MPU

Mega Matrix Corp.

https://www.megamatrix.io

Industry

Rental & Leasing Services

Mega Matrix Corp., together with its subsidiaries, engages in the GameFi business in the metaverse ecosystem. The company offers Ethereum platform to stake on a node for the purpose of validating transactions and adding blocks to a respective blockchain network. It also provides aircraft advisory and management services. The company was formerly known as AeroCentury Corp. and changed its name to Mega Matrix Corp. in March 2022. Mega Matrix Corp. was incorporated in 1997 and is headquartered in Palo Alto, California.

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Several communication services stocks experienced significant price movements in Friday's after-market session. Notable gainers included RDE, Snail, and Baosheng Media, while 9F, HWH International, and Brera Holdings were among the losers.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 8:31 pm

Mega Matrix shares are declining following the announcement of shareholder approval for a redomicile merger to the Cayman Islands, expected to complete on October 8th.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:29 pm

Mega Matrix has received shareholder approval to redomicile to the Cayman Islands, with the merger set to complete on October 8, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 12:32 pm

Mega Matrix (AMEX:MPU) reported a Q2 EPS of $(0.10), doubling its losses from $(0.05) YoY, with sales of $6.92 million.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:43 pm

Mega Matrix Corp. (NYSE:MPU) announced that its short drama streaming platform, FlexTV, has ranked No.3 in the App Store Entertainment Chart and Google Play Entertainment App in Indonesia. This achievement highlights FlexTV's strong position in the Asian market and its growing global popularity.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:21 am

Mega Matrix has announced a private placement of 681,818 shares of common stock and warrants at $2.20 per share, raising approximately $1.5 million. The Series A warrants will expire in 24 months, and the Series B warrants will expire in 5.5 years. The closing is expected on or about August 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 12:06 pm

Mega Matrix announced that its short drama streaming platform, FlexTV, has ranked No.7 in the App Store Entertainment Chart (free apps, France) as of July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:25 am

Mega Matrix Corp. (NYSE:MPU) announced that its subsidiary, Yuder PTE, LTD, operator of FlexTV, has formed a strategic cooperation with Foxmedia Co., Ltd., a subsidiary of Neorigin Co., to enhance their short drama platform, TopReels, in South Korea.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:05 pm

The article reports on the movement of industrial stocks during Friday's intraday session, highlighting significant gainers and losers. Notable gainers include Orion Group Holdings, Recruiter.Com Group, Safe & Green Holdings, Shengfeng Development, NuScale Power, and ZIM Integrated Shipping, with increases ranging from 9.54% to 12.8%. On the losing side, Greenwave Tech Solutions, Flux Power Holdings, Pineapple Energy, Falcons Beyond Global, Ryde Group, and Mega Matrix saw declines between 16.12% and 36.2%. Earnings reports for NuScale Power, Flux Power Holdings, Pineapple Energy, and Mega Matrix were mentioned as recent events.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 4:31 pm

Mega Matrix reported Q1 sales of $8.70 million.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 12:43 pm

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