Workflow
Mega Matrix(MPU)
icon
Search documents
Mega Matrix Announces $1.5 Million Private Placement
Prnewswire· 2024-08-02 12:03
Core Viewpoint - Mega Matrix Corp. has announced a private placement for the issuance and sale of 681,818 shares of common stock and accompanying warrants at a price of $2.20 per share, aiming to raise approximately $1.5 million for working capital and general corporate purposes [1][2]. Group 1: Private Placement Details - The private placement includes short-term series A warrants and series B warrants, both with an exercise price of $2.20 per share, exercisable immediately upon issuance [1]. - The series A warrants will expire 24 months after issuance, while the series B warrants will expire 5.5 years after issuance [1]. - The closing of the private placement is expected around August 5, 2024, pending customary closing conditions [1]. Group 2: Financial Implications - The gross proceeds from the offering are anticipated to be approximately $1.5 million before deducting fees and expenses related to the placement [2]. - The net proceeds will be utilized for working capital and general corporate purposes [2]. Group 3: Company Overview - Mega Matrix Corp. operates FlexTV, a short-video streaming platform and producer of short dramas, through its majority-controlled subsidiary Yuder Pte, Ltd. [5]. - The company is headquartered in Palo Alto, California, and is listed on NYSE American under the ticker MPU [5].
Mega Matrix Announces FlexTV's Surge to Top 7 on the App Store's Entertainment Chart (Free Apps, France) as of July 31, 2024
Prnewswire· 2024-07-31 11:19
The strong performance in the European market showcases the MPU and FlexTV team's operational capabilities on a global scale, demonstrating their strategic insight and execution capabilities in understanding and adapting to market demands across different regions. About Mega Matrix: Mega Matrix Corp. (NYSEAMEX: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect majoritycontrolled subsidiary of Mega Matrix. Mega M ...
Mega Matrix announced that FlexTV App achieved the new milestone, surging into Top 8 on the Apple Store Entertainment Chart (Free Apps, Japan) as of July 26, 2024
Prnewswire· 2024-07-26 16:54
PALO ALTO, Calif., July 26, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that FlexTV, its short drama streaming platform, surged into No.8. in the App Store Entertainment Apps (Free Apps, Japan) as of July 26, 2024. MPU operates the world's leading short drama streaming platform FlexTV through Yuder Pte. ltd, currently distributing short drama content to over 100 countries worldwide, covering seven language versions including English, Japanese, Korean ...
Mega Matrix Announced that Werewolf Saga "My Fated Alpha: Rejected and Reclaimed" Fantastical Journey Begins, first Released on July 22
Prnewswire· 2024-07-23 11:15
"My Fated Alpha: Rejected and Reclaimed" brings together a group of talented and passionate behind-thescenes staff. In terms of visual and sound effects, the director and production team chose a bold and avant-garde art style. From the dark forest to the mysterious moonlight, every scene exudes a mysterious and shocking power. Music is not only a background but also the soul of plot development, creating a grand emotional atmosphere and a stunning audio-visual experience for the audience. SOURCE Mega Matrix ...
Mega Matrix Announced that Emotional Storm, "My Husband is a Big Shot", Unveiling the Veil of Love, Betrayal, and Revenge, Quietly Strikes on July 19 at FlexTV!
Prnewswire· 2024-07-19 16:13
Underneath the halo of love are often hidden the deepest wounds... Selena Lane, a girl who has suffered bullying from her family since childhood, should have had the shining moment of her life on her wedding day, but it accidentally became the starting point for the collapse of her emotional world. Her husband's betrayal was like a sharp dagger mercilessly stabbing her heart, bringing indescribable pain. In her moment of despair, Selena happened to encounter the unfamiliar driver Robert, and sought his help ...
Mega Matrix Announces FlexTV's surge into TOP2 on the App Store Entertainment Apps Chart (Free Apps, Thailand) as of July 16, 2024
Prnewswire· 2024-07-17 11:00
PALO ALTO, Calif., July 17, 2024 /PRNewswire/ -- Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU), today announced that FlexTV, its short drama streaming platform, has ranked No.2. in the App Store Entertainment Apps (Free Apps, Thailand) as of July 16, 2024. As of the early morning of July 16, 2024, FlexTV stood among the most downloaded free apps in the App Store's entertainment chart (Thailand.), alongside TikTok, Netflix and Bilibili. FlexTV team will continue to enhance user experience, ...
Mega Matrix Announced that "Mr. Williams' Mistaken Missus", Love's Chemical Reaction: When the Bossy President Encounters Dopamine, Sweet Romance Short Drama, launched on July 12 at FlexTV!
Prnewswire· 2024-07-15 12:00
From the moment Audrey Smith mistook Hunter Williams for a male stripper, their encounter was filled with absurdity. An unexpected night, like an irresistible force, miraculously pulled two people who originally lived on completely different trajectories and seemed to have no intersection into each other's lives. Audrey Smith was abandoned at the door of an orphanage since she was a child. With her firm willpower and excellent academic performance, she graduated from Northwestern University in the United St ...
Mega Matrix Announced that "Queen of Revenge: Sister's Fury" has Started Filming on July 10, setting off a New Trend of Female-Oriented Short Drama.
Prnewswire· 2024-07-11 12:00
Core Viewpoint - The company Mega Matrix Corp. has announced the commencement of filming for its new short drama "Queen of Revenge: Sister's Fury," produced by its subsidiary FlexTV, which is a leading platform for short drama streaming [8][9]. Group 1: Company Overview - Mega Matrix Corp. operates FlexTV, a short-video streaming platform and producer of short dramas, through its indirect majority-controlled subsidiary Yuder PTE, LTD [9]. - The company is headquartered in Palo Alto, California, and is listed on NYSEAMEX under the ticker MPU [9]. Group 2: Production Details - The filming of "Queen of Revenge: Sister's Fury" began on July 10, featuring a storyline centered around twin sisters and intense themes of revenge [8]. - The production team has committed to maintaining high standards of filming and professionalism to deliver an authentic visual experience to the audience [3]. Group 3: Global Reach and Content Offering - FlexTV distributes content to over 100 countries and offers programming in more than six languages, including English, Japanese, Korean, Portuguese, Spanish, and Arabic [11]. - The platform has gained popularity for its high-quality short dramas and a diverse range of original series that highlight the creativity of its production team [11].
Microchip Unveils Industry's Highest Performance 64-bit HPSC Microprocessor (MPU) Family for a New Era of Autonomous Space Computing
GlobeNewswire News Room· 2024-07-09 09:51
Core Insights - Microchip Technology has launched the PIC64 High-Performance Spaceflight Computing (PIC64-HPSC) microprocessors, which are designed to significantly enhance computational capacity for space missions, providing at least 100 times the computational power of current spaceflight computers [4][11] - The PIC64-HPSC MPUs integrate RISC-V CPUs with vector-processing capabilities, enabling advanced AI/ML applications and supporting a wide range of space applications [12][13] - The global space hardware and service industry is projected to grow at a CAGR of 7%, from $330 billion in 2023 to $755 billion by 2035, indicating a robust market for advanced space computing solutions [11] Product Features - The PIC64-HPSC MPUs feature a space-grade 64-bit architecture with eight SiFive RISC-V X280 CPU cores, capable of delivering up to 2 TOPS (int8) or 1 TFLOPS (bfloat16) for AI/ML processing [2] - High-speed network connectivity is provided through a 240 Gbps Time Sensitive Networking (TSN) Ethernet switch, supporting scalable PCIe Gen 3 and Compute Express Link 2.0 [2] - The processors include low-latency data transfer capabilities via Remote Direct Memory Access (RDMA) over Converged Ethernet, enhancing compute performance [2] - Security features include defense-in-depth security, post-quantum cryptography, and anti-tamper capabilities [2] - The architecture supports high fault tolerance with Dual-Core Lockstep operation and WorldGuard hardware architecture [2] Ecosystem and Support - Microchip is building a comprehensive ecosystem around the PIC64-HPSC, including partnerships with companies like SiFive, Northrop Grumman, and various software partners to facilitate system-level integrated solutions [7][12] - An evaluation platform for the PIC64-HPSC will be available, incorporating the MPU and various peripheral cards to support development [8][9] Market Position and Future Outlook - Microchip is positioned as a leading provider in the aerospace and defense market, with a broad portfolio that includes radiation-tolerant and radiation-hardened solutions [6] - The company aims to modernize space avionics and payload technology, addressing the growing computational needs of autonomous space missions and deep-space exploration [13][14]
Mega Matrix Corp. Announced that "My Exclusive Client" - A Love Game Across the Workplace and Nightlife will be first released on June 27
Prnewswire· 2024-06-26 14:00
The appearance of the mysterious masked man in the passionate club makes Jennifer re-examine the possibilities of life but also arouses more questions. Those familiar conversations and coincidental moments make Jennifer more and more suspicious... Who is this mysterious masked man? How are his and Jennifer's identities intertwined in the workplace? What is the truth behind all this? "My Exclusive Client" will be exclusively broadcast on FlexTV on June 27. Please look forward to this dual adventure of career ...