{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-070267","form_type":"8-K","ticker":null,"cik":"0001036848","company_name":"Mega Matrix Corp.","filed_at":"2024-08-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.961175+00:00","generated_at":"2026-05-31T08:46:50.388325+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Mega Matrix acquires remaining 40% of FunVerse (FlexTV) for 1.5M shares plus earnout","bullets":["Acquired remaining 40% of FunVerse, owner of FlexTV short drama streaming platform.","Consideration: 1,500,000 MPU common shares plus up to 500,000 earnout shares if FlexTV achieves $10M+ user recharges in 30 days.","Company now owns 100% of FunVerse; initial 60% acquired in January 2024.","FlexTV produces original English and Thai dramas, translated for global audiences."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-070267","json":"https://secwatch.observer/filing/0001213900-24-070267.json","markdown":"https://secwatch.observer/filing/0001213900-24-070267.md","text":"https://secwatch.observer/filing/0001213900-24-070267.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1036848/000121390024070267/0001213900-24-070267-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1036848/000121390024070267/ea0211521-8k_mega.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:46:50.388325+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"648092ccd5895492e3e758a0779307851246fb1a","claim":"Mega Matrix Corp. completed an acquisition involving FunVerse Holding Limited and the remaining shareholders of FunVerse (collectively, \"Sellers\") (closed 2024-08-15).","evidence_excerpt":"On August 15, 2024 (\"Closing Date\"), the Company entered into and closed a definitive Share Exchange Agreement (\"Exchange Agreement\") with FunVerse and the remaining shareholders of FunVerse (collectively, \"Sellers\") to acquire the remaining forty percent (40%) of FunVerse.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1036848/000121390024070267/0001213900-24-070267-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"FunVerse Holding Limited and the remaining shareholders of FunVerse (collectively, \"Sellers\")"},{"label":"Closing","value":"2024-08-15"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}