Mega Matrix Inc. announced a 1-for-20 consolidation of its ordinary shares, effective at 4:05 p.m. New York time on September 15, 2026. Its Class A shares will continue trading under MPU on the NYSE American and begin post-consolidation trading when the market opens on September 16. The company said the transaction is primarily intended to raise its per-share trading price to maintain its NYSE American listing. Class A shares outstanding are expected to fall from 62,492,148 to approximately 3,124,608, subject to rounding, while warrants and other equity rights will be adjusted proportionately. Mega Matrix also disclosed changes to its authorized share capital, its operations through FlexTV and Yuder Pte, Ltd., its expansion into a stablecoin governance tokens treasury reserve strategy, and the risks and disclosure channels associated with its forward-looking statements.