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Mega Matrix Announces $1.5 Million Private Placement

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2 years ago

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PALO ALTO, Calif., Aug. 2, 2024 /PRNewswire/ — Mega Matrix Corp. (“MPU” or the “Company”) (NYSE American: MPU), today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 681,818 shares of its common stock (or common stock equivalents in lieu thereof), short-term series A warrants to purchase up to 681,818 shares of common stock and series B warrants to purchase up to 681,818 shares of common stock at a purchase price of $2.20 per share (or per common stock equivalent in lieu thereof) and accompanying warrants in a private placement. The short-term series A warrants and series B warrants will have an exercise price of $2.20 per share and will be exercisable immediately upon issuance. The short-term series A warrants will expire twenty-four months following the issuance date and the series B warrants will expire five and one-half years following the issuance date. The closing of the private placement is expected to occur on or about August 5, 2024, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement.

The gross proceeds to the MPU from the offering are expected to be approximately $1.5 million, before deducting the placement agent’s fees and other offering expenses payable by MPU, and excluding the proceeds, if any, from the exercise of the warrants. MPU currently intends to use the net proceeds from the offering for working capital and general corporate purposes.

The securities described above are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder and, along with the shares of common stock underlying the warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the securities described above, including the shares of common stock underlying the warrants, may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. Pursuant to a registration rights agreement, the Company has agreed to file a resale registration statement covering the securities described above.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in this offering, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Mega Matrix 

Mega Matrix Corp. (NYSE AMEX: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect majority-controlled subsidiary of Mega Matrix. Mega Matrix is a Delaware corporation headquartered in Palo Alto, CA. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements that include, but are not limited to, statements related to the completion of the private placement, the satisfaction of customary closing conditions related to the private placement and the intended use of proceeds therefrom. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business;  ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the heading “Risk Factors” in documents filed by the Company with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, and are based on information available to the Company on the date hereof.  The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channel

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

X (f/k/a Twitter):  twitter.com/MegaMatrixMPU
Facebook:     facebook.com/megamatrixmpu
facebook.com/flextvus
LinkedIn:      linkedin.com/company/megamatrixmpu
TikTok:  tiktok.com/@flextv_english
YouTube:      youtube.com/@FlexTV_English

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

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Seminar for Members of the Global Development Promotion Center Network Visits Qingdao, Exchanges on Media Convergence and Cooperation Opportunities

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6 minutes ago

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November 10, 2026

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QINGDAO, China, Nov. 10, 2026 /PRNewswire/ — A report from iqingdao.

The Seminar for Members of the Global Development Promotion Center Network visited Qingdao Daily Press Group to learn about media convergence and international communication practices. They then attended the Qingdao Development Opportunities Promotion and Exchange Conference, exploring the city’s strengths and potential for future cooperation.

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SOURCE iqingdao

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Saledock Gives Celerant ONE Retailers One Place to Market, Message and Manage Every Customer Conversation

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7 minutes ago

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November 10, 2026

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CES gives UK retailers a central marketing hub connected to live sales data.

KINGSTON UPON HULL, England, Nov. 10, 2026 /PRNewswire/ — Saledock, a Celerant company, today launched Customer Engagement Suite (CES) for Celerant ONE, giving UK retailers a central hub for email marketing, SMS, social media, reputation management and every customer conversation, from website live chat to WhatsApp messages.

Because CES connects in real time to Celerant ONE’s ePOS and eCommerce, retailers can automate targeted, personalised messages based on what customers do in-store and online, using the customer, sales, and product information already in their system.

Marketing That Knows What Your Customers Bought

Most independent retailers manage customer communication across a patchwork of tools: one for email, another for text messages, a social media scheduler, review sites, a WhatsApp inbox and a separate live chat on their website. None of those tools know what a customer bought last week, so campaigns stay generic and staff waste time exporting lists and copying product details between systems.

CES closes that gap. It sits inside Celerant ONE and draws directly on the data retailers already have, including customer records, in-store and online sales history, and product images and information. The result is marketing that reflects real buying behaviour, built and sent from the same platform the retailer uses to run the shop.

How It Works

Retailers can set up automated workflows triggered by what happens at the till or on their website, and get as creative as they like. A workflow might thank a customer after their first purchase, follow up with shoppers who bought a particular brand or category, or win back customers who haven’t visited in a while, by email or SMS. Once it’s set, it runs in the background.

For retailers who don’t want to build workflows from scratch, a built-in AI agent can create them, so even a small team can put automated marketing to work.

Building a campaign is faster too. Product images and descriptions come straight from Celerant ONE, so there’s no need to recreate content that already exists in the catalogue.

With CES, Celerant ONE retailers can:

Automate email and SMS campaigns based on in-store and online purchase activityLet the built-in AI agent build workflows for themAnswer website live chat and WhatsApp messages from a single inboxSchedule posts and engage with followers across Facebook, Instagram, and their other social channelsMonitor and respond to customer reviews to protect their reputationReduce the number of separate marketing and messaging tools they pay for and manage

“Retailers already own their most valuable marketing asset, which is their customer and sales data,” said Michele Salerno, Chief Growth Officer at Celerant Technology. “The problem is that data usually sits in one system while their email, texts, reviews, and social media live somewhere else. CES puts all of it in one place and connects it to every sale, so a retailer can send a message that’s actually relevant to that customer without exporting a list or logging into a handful of different tools.”

“Running a shop leaves very little time for marketing, and jumping between different apps to do it doesn’t help,” said Layla Gladwin, Managing Director of Saledock. “With CES, everything a retailer needs to talk to their customers is inside Celerant ONE and connected to what’s happening at the till and online. Set up a workflow once, or let the AI agent build it for you, and it keeps working while you get on with serving customers.”

Availability

Customer Engagement Suite is available now as an optional add-on for Celerant ONE retailers. Existing Celerant ONE retailers can contact their Saledock account representative to get started. Retailers considering new ePOS and eCommerce software can request a Celerant ONE demonstration to see CES and the complete platform at [https://www.saledock.com/customer-enagagement-suite/]

About Saledock, a Celerant Company

Saledock is the UK division of Celerant Technology, providing Celerant ONE, a cloud-based retail platform that connects ePOS, eCommerce, stock control, customer engagement and other critical retail operations within one system.

To learn more, Visit Saledock.com/ 

About Celerant Technology

Founded in 1999 and headquartered in Iselin, New Jersey, Celerant Technology provides retail software to more than 1,800 retailers, supporting over 5,000 store locations. With approximately 250 employees across seven offices, Celerant connects point of sale, eCommerce, inventory, customer engagement, payments, marketplaces, and more for specialty retailers ranging from independent shops to multi-location and enterprise businesses.

To learn more, visit Celerant.com/

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Jackery Black Friday 2026: Up to 58% Off Explorer v2 Portable Power Stations and Solar Generators, Starting at Just £378

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7 minutes ago

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November 10, 2026

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LONDON, Nov. 10, 2026 /PRNewswire/ — Jackery is kicking off its Black Friday campaign with up to 58% off its popular Explorer v2 Series, with portable power stations starting at just £378. Running from 10 to 30 November 2026, the campaign offers some of the biggest savings of the year across the new-edition Explorer 1000 v2 2027 and Explorer 2000 v2 2027, as well as the Explorer 3000 v2, alongside selected solar generator bundles.

Combining compact design, lightweight portability and powerful, reliable performance, the Explorer v2 Series caters to different energy needs – from weekend camping and extended off-grid adventures to emergency backup power at home during unexpected winter power cuts.
 

Explorer 1000 v2 2027: Lightweight Power for Everyday Adventures – Now Just £378

With a 1,024 Wh capacity and 1,500 W output, the new Explorer 1000 v2 is ideal for weekend camping, road trips and outdoor activities. Compact and easy to carry, it powers everyday essentials such as laptops, cameras, portable fridges and lighting. Its long-lasting LiFePO4 battery and advanced ChargeShield safety technology ensure dependable performance. Emergency Charging enables a full recharge from 0 to 100% in just 50 minutes, making it ready for the next adventure or unexpected power needs.

Explorer 1000 v2: £378 (RRP £899) – 57% offSolar Generator 1000 v2 with SolarSaga 200W Panel: £629 (RRP £1,499) – 58% off
 

Explorer 2000 v2 2027: More Power for Extended Adventures – Save Up to 54%

With a 2,048 Wh capacity and 2,200 W output, the new Explorer 2000 v2 can simultaneously power energy-intensive devices such as coffee machines and electric coolers on the go. The compact power station features long-lasting LiFePO4 batteries, comprehensive safety features and a wide range of connectivity options, now with three AC outlets for added flexibility.  It can be recharged via a mains socket, Jackery’s portable solar panels or a 12V charging cable in a vehicle.

Explorer 2000 v2: £726 (RRP £1,399) – 48% offSolar Generator 2000 v2 with SolarSaga 100W Panel: £919 (RRP £1,999) – 54% off
 

Explorer 3000 v2: High-Capacity Power for Adventures and Winter Backup – Save Up to £1,004

For those who need greater energy reserves, the Explorer 3000 v2 offers a 3,072 Wh capacity and 3,600 W output with LiFePO4 battery technology. As one of the most compact and quietest models in its class, it is ideally suited for off-grid power while camping, on construction sites and as an emergency backup solution at home, particularly during unexpected winter power cuts. Thanks to app connectivity and bidirectional charging capabilities, users can also take advantage of variable electricity tariffs to schedule charging during off-peak periods.

Explorer 3000 v2: £1,352 (RRP £2,299) – 41% offSolar Generator 3000 v2 with SolarSaga 200W Panel: £1,595 (RRP £2,599) – 38% off

All Black Friday offers are available from 10 to 30 November 2026 at the official Jackery UK online store.

Media enquiries: Jiatong Li, jiatong@jackery.com, +4915223970329

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