#Singapore #FlexTV #Mega Matrix Inc #Annual General Meeting

Insights from Mega Matrix Inc.'s 2024 Annual General Meeting

On December 20, 2024, Mega Matrix Inc. held its Annual General Meeting (AGM) virtually, where significant decisions were made regarding the company's governance and future. This meeting highlights the company's ongoing commitment to ensuring transparency and shareholder engagement.

Key Decisions Made at the AGM

During the meeting, several ordinary and special resolutions were put forth for shareholder approval, reflecting the active involvement of stakeholders in the direction of the company. Here are the key outcomes:

1. Election of Board Members: Shareholders agreed to elect four individuals to the board of directors. These directors will serve until the next AGM or until they resign or are otherwise removed. The emphasis on electing capable leaders illustrates the company's pursuit of strong governance and effective leadership.

2. Auditor Appointment Confirmation: The shareholders confirmed the appointment of Audit Alliance LLP as the independent registered public accounting firm for the fiscal year concluding on December 31, 2024. This approval reflects the trust shareholders have in the company's financial oversight and integrity.

3. Share Title and Transfer Provisions: A special resolution was passed allowing for the title to Class A ordinary shares listed on NYSE American to be transferred according to the applicable regulations of the designated stock exchanges. This move aims to streamline share management in compliance with the Cayman Islands Companies Act, reinforcing the company's commitment to adhere to legal requirements.

About Mega Matrix Inc.

Mega Matrix Inc., a Cayman Islands corporation based in Singapore, is known for its innovative streaming services through FlexTV, a subsidiary that specializes in producing short dramas and video content. The company operates under the NYSE American ticker MPU and aims to expand its footprint in digital entertainment.

Future Outlook

As Mega Matrix Inc. navigates its strategic growth path, this AGM underscores its resolve to maintain robust governance while enhancing value for shareholders. With ongoing initiatives in their FlexTV platform and collaborations on the horizon, the company is poised to drive engagement in the entertainment sector steadily. The board's new appointments hint at a potentially impactful future with fresh ideas and strategies.

Conclusion

The 2024 AGM served as a critical juncture for Mega Matrix and its shareholders. The decisions made promise to shape the future of the company. Stakeholders can expect to see continued updates as Mega Matrix Inc. embarks on its journey in the ever-evolving landscape of digital media.

For more detailed information about Mega Matrix Inc. and its services, you can visit their official website or follow their social media channels for the latest news and announcements. Stay tuned for more updates as the company continues its efforts to revolutionize the short-video streaming industry.