UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On December 16, 2023, Mega Matrix Corp., a Delaware corporation (the “Company”), by resolution of its board of directors (the “Board”), adopted a Fourth Amended and Restated Bylaws (the “Amended and Restated Bylaws”) for purposes of reducing the quorum required to hold meetings of the Company’s stockholders (the “Quorum Requirement”). The Amended and Restated Bylaws reduced the Quorum Requirement from a majority to one-third (1/3) of the Company’s outstanding shares entitled to vote, represented in person or by proxy. The Company reduced the Quorum Requirement to one-third (1/3) for purposes of ensuring that the Company, whose majority stockholders now consist of holders whose shares are held in street name and thus are often not voted in stockholder actions, may achieve quorum at the Company’s 2023 annual meeting of stockholders, which is scheduled to be held on Friday, December 29, 2023 at 10:00 am (PST) (the “Annual Meeting”). The Company does not anticipate that the reduced Quorum Requirement will have any effect on the Company’s business, aside from making it easier to hold its Annual Meeting.
The Amended and Restated Bylaws became effective immediately upon its adoption by the Board.
The above description of the Amended and Restated Bylaws does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Amended and Restated bylaws, which is attached hereto as Exhibit 3.1 and is incorporated herein by reference.
Item 9.01. Financial Statement and Exhibits
(d) Exhibits
| Exhibit No. | Description | |
| 3.1 | Fourth Amended and Restated Bylaws of Mega Matrix Corp. | |
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Mega Matrix Corp. | ||
| a Delaware corporation | ||
| By: | /s/ Yucheng Hu | |
| Yucheng Hu, Chief Executive Officer | ||
Dated: December 18, 2023
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