Mega Matrix ( (MPU) ) has shared an announcement.
Mega Matrix Corp. stockholders have given the green light for a strategic merger that will transition the company’s domicile to the Cayman Islands. The approved plan ensures each share of the company’s common stock will be converted into an equivalent Class A ordinary share of Mega Matrix Inc., with the expectation that the merger will be finalized by October 8, 2024. Following the merger, the new shares will start trading on the NYSE American under the current symbol “MPU.” This move aligns with Mega Matrix’s vision of growth and international expansion.
For an in-depth examination of MPU stock, go to TipRanks’ Stock Analysis page.