OSLO, Norway, Sept. 10, 2026 /PRNewswire/ — Nel ASA (Nel) (OSE: NEL) has entered into a framework agreement with Hydrasun to establish dedicated assembly and integration capabilities for the MC Series, Nel’s modular and scalable PEM technology platform. With this partnership, Nel gains an experienced integration partner in Europe, complementing its existing integration setup in the US and widening its delivery capabilities for the European market. Nel’s PEM stack production will continue at Nel’s Wallingford, Connecticut facility in the US.

Under the agreement, Hydrasun will develop production capabilities for the assembly and integration of Nel’s containerized PEM technology platform. Hydrasun will procure, integrate, and manufacture the balance of plant systems surrounding the electrolyser stack, enabling delivery of a fully integrated, modular, and containerized electrolyser offering, while stack production continues to be done by Nel from its Wallingford facility. The collaboration gives Nel an experienced integration partner in Europe at a time of growing demand for standardized, modular electrolyser solutions. It will expand Nel’s manufacturing flexibility and strengthen supply chain resilience, while bringing production capabilities closer to key growth markets. Hydrasun’s initiative is supported by the Scottish Government’s Just Transition Fund and will see Hydrasun invest in and upgrade its Aberdeen facilities to support clean technology manufacturing.

“This agreement marks a defining moment in Hydrasun’s evolution. For 50 years we’ve supported the energy industry in the areas of fluid transfer, power and control solutions, and clean energy, this investment builds directly on that industrial capability,” says James Gaskell, Chief Executive at Hydrasun. “Establishing Scotland’s first electrolyser assembly and integration facility is a proud milestone for the company and an important step forward for Aberdeen’s energy sector more broadly, ensuring the city has genuine clean energy manufacturing capability.”

The project is expected to contribute to the development of Scotland’s clean energy manufacturing sector by building on existing industrial competence in Aberdeen, supporting skills development, supply chain activity, and high-value employment. Hydrasun has stated that the initiative has the potential to create up to 12 new jobs while safeguarding a further 11 existing roles.

“We are pleased to be working with Hydrasun to establish an experienced European integration partner for our standardized PEM electrolyser solutions, the MC Series. As demand for standardized, modular systems grows, this collaboration enhances our ability to serve key markets while creating greater flexibility and scalability across our production network,” says Tushar Ghuwalewala, SVP PEM Operations at Nel.

For additional information, please contact:

Kjell Christian Bjørnsen, CFO, +47 917 02 097
Wilhelm Flinder, Head of IR, Communications and Marketing, +47 936 11 350

About Nel ASA | www.nelhydrogen.com 

Nel has a history tracing back to 1927 and is today a leading pure play hydrogen technology company with a global presence. The company specializes in PEM and Alkaline electrolyser technology for production of renewable hydrogen. Nel’s product offerings are key enablers for a green hydrogen economy, making it possible to decarbonize various industries such as transportation, refining, steel, and ammonia.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/nel-asa/r/nel-asa–enters-framework-agreement-with-hydrasun-as-a-european-integration-partner-for-pem-electrol,c4392033

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SINGAPORE, Sept. 10, 2026 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) (the “Company”)today announced that it intends to effect a share consolidation of its ordinary shares at a ratio of 1 post-split ordinary share for every 20 pre-split ordinary shares (the “Share Consolidation”) so that every twenty (20) shares issued and outstanding will be combined into one (1) share. The Share Consolidation will become effective at 4:05 p.m. (New York time) on September 15, 2026 (the “Effective Time”).

The Company’s Class A ordinary shares will continue to be traded on the NYSE American under the symbol “MPU” and will begin trading on a post-consolidation adjusted basis when the market opens on Wednesday September 16, 2026. The CUSIP number for the Company’s Class A ordinary shares following the Share Consolidation will be G6005C116.

At the Effective Time, the authorised share capital of the Company will be reduced and amended from USD1,110,000 divided into 1,000,000,000 class A ordinary shares of par value USD0.001 each, 50,000,000 class B ordinary shares of par value USD0.001 each, 50,000,000 class C ordinary shares of par value USD0.001 each, and 10,000,000 preferred shares of par value USD0.001 each to USD1,110,000 divided into 50,000,000 class A ordinary shares of par value USD0.02 each, 2,500,000 class B ordinary shares of par value USD0.02 each, 2,500,000 class C ordinary shares of par value USD0.02 each, and 10,000,000 preferred shares of par value USD0.001.

As a result of the Share Consolidation, the number of issued and outstanding Class A ordinary shares of the Company will be reduced from 62,492,148 pre-consolidation Class A ordinary shares to approximately 3,124,608 post-consolidation Class A ordinary shares, subject to adjustments for rounding. Outstanding warrants and other outstanding equity rights will be proportionately adjusted to reflect the Share Consolidation. No fractional shares will be issued as a result of the Share Consolidation. Instead, any fractional shares that would have resulted from the Share Consolidation will be rounded up to the next whole number.

The Share Consolidation is primarily intended to increase the Company’s per share trading price in order to maintain its listing on NYSE American.

Shareholders holding their shares in book-entry form or in “street name” (through a broker, bank or other holder of record) will have their shares automatically adjusted to reflect the Share Consolidation. Shareholders of record may direct questions concerning the Share Consolidation to the Company’s transfer agent, Continental Stock Transfer & Trust Company.

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU), a holding company headquartered in Singapore, is executing its strategic expansion into the stablecoin governance tokens treasury reserve strategy and operates FlexTV, a short-video streaming platform and producer of short dramas, through Yuder Pte, Ltd., an indirect wholly owned subsidiary of the Company. 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. 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 utilize AI to reduce short drama production costs and improve efficiency; ability to deploy OpenClaw as an enterprise AI tool across selected internal functions, 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 (“SEC”), including the Company’s latest annual report on Form 20-F, filed with the SEC on March 28, 2025, 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 Channels

We may also 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:

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.

For inquiries, please contact: Info@megamatrix.io 

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SOURCE Mega Matrix Inc.

Event demonstrates how sustainability conferences can move beyond conversation through operational leadership, cross-sector collaboration and direct investment into impact projects.

HONG KONG, Sept. 10, 2026 /PRNewswire/ — ReThink HK 2026 opened today at the Hong Kong Convention and Exhibition Centre, bringing together leaders from business, government, academia and the NGO sector to explore practical solutions that can accelerate Hong Kong’s transition to a more sustainable, climate resilient and inclusive economy.

Opening the two-day event, Miss Diane Wong, JP, Under Secretary for Environment and Ecology, outlined Hong Kong’s latest sustainability and climate priorities, setting the stage for discussions focused on climate action, resource efficiency, innovation, sustainable finance and community impact. “This year marks the beginning of the National 15th Five-Year Plan, which places a strong focus on green transformation. The Hong Kong Special Administrative Region Government is developing its first five-year plan, which seeks, among others, to accelerate green transformation, foster innovation, and seize new opportunities brought about by the vision for a low-carbon economy.”

Mr Chris Brown, Founder and CEO of ReThink HK, highlighted the increasing momentum behind cross-sector collaboration in driving real-world sustainability outcomes. “The sustainability sector does not need another conversation about what needs to happen. It needs more examples of organisations working together to make it happen. Whether through the ReThink Foundation, the solutions showcased on the exhibition floor or the partnerships forming across the event, our focus is on turning ambition into action.”

The ReThink Foundation announces its three 2026 grantee projects, supported through ReThink HK delegate pass proceeds. Together, these partnership-led initiatives will advance inclusion, accessibility and essential support for under-served communities across Hong Kong.

Co-Learning Bridges for SEN Families: Where AI Meets Parent-Child Communication
Gung Hok Charity Foundation, Inclusive Sports Education, Preface and The Chinese University of Hong Kong will support low-income families with children with special educational needs through parent coaching, emotion education, AI-enabled learning and student volunteer “learning buddies”.

BarrierFreeMap.HK: Restaurant Accessibility Survey
Wheel Power and The Hong Kong Society for Rehabilitation will expand the city’s crowdsourced accessibility map, training volunteers and wheelchair users to identify and share information on wheelchair-friendly restaurants.

Land and Housing Clinic Programme
Pro Bono HK and Caritas Hong Kong will provide free legal clinics, education and accessible resources for residents of subdivided and substandard housing, helping tenants understand and protect their rights.

The programme reflects ReThink HK’s belief that sustainability events should create impact beyond convening discussions. Through the ReThink Foundation, delegate participation directly supports local NGO initiatives and partnership-led solutions that create lasting social value. The Foundation extends ReThink HK’s impact beyond the event by bringing NGOs, partners and communities together to develop practical solutions for greater collective impact. The ReThink Foundation also thanked Prudential, its 2026 Impact Partner, for supporting its mission to foster collaborative solutions that create lasting social value in Hong Kong.

Sustainability in Action

Throughout Day One, delegates explored solutions, partnerships and innovations designed to help organisations move from ambition to implementation. Keynote speaker Mike Barry, Co-Founder Planeatry Alliance challenged organisations to focus on delivery and tangible outcomes, warning that ambition alone will not be enough to meet sustainability goals. “Too many organisations have made commitments without demonstrating meaningful progress. The words on the paper are easy, the delivery is difficult. Unless businesses can turn ambition into action and show real-world results, they risk losing the trust of the societies they seek to serve.”

Highlights included:

Volvo unveiled its new electric double-decker bus for Hong Kong.ReThink Foundation announced its 2026 NGO grantees.Scientists, business leaders and policymakers came together at the BEC Climate & Nature Theatre to discuss the implications of the latest climate science for business decision-making.

As scrutiny increases around the environmental footprint and real-world impact of major conferences, ReThink HK continues to apply the sustainability principles discussed on stage to the operation of the event itself. Alongside directing delegate revenues into NGO impact projects through the ReThink Foundation, the event works with partners across its value chain to demonstrate how circularity, resource efficiency and responsible consumption can be embedded into large-scale event delivery.

This year’s initiatives include exhibition carpets upcycled from textile waste through NuCarpet, reusable coffee cups supported by EcoVadis, sustainable event apparel provided by Determinant, water refill stations enabled by Swire Coca-Cola, and recycling and circularity solutions delivered by The Loops. Together, these initiatives demonstrate how practical sustainability measures can be embedded into large-scale events while providing delegates with examples that can be adapted within their own organisations.

Mr Simon Ng, Chief Executive Officer of Business Environment Council (BEC), said “Hong Kong does not lack sustainability commitments. The real challenge is delivery. The value of ReThink HK lies in bringing together the stakeholders, their expertise and the solutions needed to move from discussion to implementation. That is what will ultimately determine the success of Hong Kong’s transition to a net-zero, resilient and circular city.”

Looking Ahead to Day Two

The momentum continues tomorrow with a keynote address from Mr Joseph H.L. Chan, JP, Under Secretary for Financial Services and the Treasury, at the ReThink Forum.

Prof Debra Roberts will take the stage to discuss UNEP’s new Limiting Overshoot report, highlighting the risks of exceeding 1.5°C and the pathways available to limit overshoot and return to safer temperature levels.

Day Two will focus on how Hong Kong can translate sustainability ambition into delivery, with discussions examining transition finance, the role of the Greater Bay Area in scaling green innovation, and the commercial pathways required to accelerate climate action.

The programme will also feature the second Mills Fabrica Start-up Pitching Series, focused on Techstyle innovation, before concluding with The Great Debate, exploring whether corporate leadership or government policy can deliver a climate-resilient Hong Kong more quickly.

ReThink HK 2027

Thanks to the continued support of its partners and stakeholders, ReThink HK will return to HKCEC in September 2027 for its eighth edition. Building on the momentum of this year’s event, ReThink HK will continue to expand its role as a platform for business leadership, innovation and cross-sector collaboration, bringing together the people and ideas shaping Hong Kong’s sustainable future.

-ENDS-

Notes to Editors:

About ReThink HK  

ReThink HK is a unique annual event that helps organisations embed sustainable business practices at every stage of their value chain, showcasing innovation and solutions accelerating sustainable transformation. ReThink HK unites the ecosystem so all stakeholders and communities can contribute to and look forward to a climate-smart and equitable city, for everyone. All delegate fees contribute to funding local impact projects with Hong Kong charities.  

PR Newswire is a Media Partner of ReThink HK 2026.

Logo pack: Logo Pack
Conference Agenda:  https://rethink-event.com/2026-conference/
Media Pass : email marketing@rethink-event.com
Other Passes and Pricing: https://rethink-event.com/passes-pricing/

Cities Zone resources:
Overview & Participating Exhibitors: https://rethink-event.com/thematic-zone-cities/
Session Programme: https://rethink-event.com/2026-cities-theatre/
Energy Zone resources:
Overview & Participating Exhibitors: https://rethink-event.com/thematic-zone-energy/
Session Programme: https://rethink-event.com/2026-energy-theatre/
Impact Zone resources:
Overview & Participating Exhibitors: https://rethink-event.com/thematic-zone-impact/
Session Programme: https://rethink-event.com/2026-impact-stage/
Innovation Zone resources:
Overview & Participating Exhibitors: https://rethink-event.com/thematic-zone-innovation/
Session Programme: https://rethink-event.com/2026-innovation-stage/
Resources Zone resources
Overview & Participating Exhibitors: https://rethink-event.com/thematic-zone-resources/
Session Programme: https://rethink-event.com/2026-resources-theatre/

For more event information, please visit ReThink HK’s website: https://rethink-event.com/

ReThink HK Contact:

About ReThink Foundation 

The ReThink Foundation supports collaborative projects that bring together two or more NGOs and partners to create lasting social impact in Hong Kong. Funded through proceeds generated from ReThink HK delegate pass sales, the Foundation provides focused funding, capacity-building and engagement to help organisations strengthen their collective impact. Its work is guided by the belief that partnerships can unlock new possibilities for social change.

For more details, please visit ReThink Foundation’s website https://rethink-foundation.org/.

Event Details
ReThink HK 2026
10–11 September 2026 (Thursday & Friday)
Hall 1, HKCEC, Wan Chai, Hong Kong
Website: https://rethink-event.com
Email: hello@rethink-event.com
Phone: (852) 2886 1511
Social: @rethinkhongkong | @rethink_event
Hashtag: #OnlyWayForward

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SOURCE ReThink HK