Mega Matrix Corp. (NYSEAM:MPU) entered into a non-binding letter of intent to acquire 60% stake in Yuder Pte, Ltd from FunVerse Holding Limited for SGD 2.1 million on November 15, 2023. The completion of the proposed Acquisition is subject to, among other things, the completion of due diligence, the negotiation of definitive agreements for the Acquisition (the ?Definitive Agreements?), satisfaction of the conditions negotiated therein, approval of the transaction by the board and stockholders of both the Mega Matrix and Yuder, as well as regulatory approvals and other customary conditions. Mega Matrix Corp. entered into definitive Share Exchange Agreement to acquire 60% stake in Yuder Pte, Ltd from FunVerse Holding Limited on January 7, 2024. The deal is expected to be completed by January, 2024.

Mega Matrix Corp. (NYSEAM:MPU) completed the acquisition of 60% stake in Yuder Pte, Ltd from FunVerse Holding Limited on January 7, 2024.