Mega Matrix Corp. Appoints Xiangchen (Steven) Gao as Chief Operating Officer
19 Gennaio 2024 - 2:10PM
Mega Matrix Corp. ("MPU" or the "Company") (NYSE American: MPU),
today announced that Mr. Xiangchen (Steven) Gao has been appointed
as the Company’s Chief Operating Officer.
Mr. Gao will lead the development of the
Company’s new short drama business and will report directly to the
Company’s CEO, Mr. Yucheng Hu.
Prior to joining the Company, Mr. Gao served as
the Co-founder and Chief Operating Officer of Digital Element Co.,
Ltd. Before this, he held the position of Senior Investment Manager
at Fengshion Capital. Between 2019 and 2021, Mr. Gao was the Senior
Strategic Manager at ByteDance. From 2016 to 2019, he worked as a
Senior Investment Manager at Baofeng Group. Mr. Gao possesses over
eight years of experience in investment and strategic operations.
He received his Bachelor’s degree in Economics from Renmin
University of China in 2015.
“Steven brings tremendous amount of experience
in online streaming which will further enhance the development of
our new FlexTV, a short drama streaming platform based in
Singapore,” said Mr. Hu, the Company’s CEO. “On behalf of the
entire team, we officially welcome Steven aboard.”
About Mega Matrix: Mega Matrix Corp. is a
holding company located in Palo Alto, California with five
subsidiaries: Saving Digital Pte. Ltd., a Singapore corporation
(“Saving”), Mega Matrix, Inc., an exempted company incorporated
under the laws of the Cayman Islands, Mega Metaverse Corp., a
California corporation (“Mega”), Marsprotocol Technologies Pte.
Ltd., a Singapore corporation (“MTP”) and FunVerse Holding Limited
(“FunVerse”), a company incorporated under the laws of the British
Virgin Islands. The Company focuses on crypto-related and short
drama business. 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 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 occurrence of any event, change or other
circumstances that could affect the Company’s ability to continue
successful development of its digital assets staking business
model; 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. In addition, such risks and
uncertainties include the Company's inability to predict or control
bankruptcy proceedings and the uncertainties surrounding the
ability to generate cash proceeds through the sale or other
monetization of the Company's assets. 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.
Contact:
Info@megamatrix.io
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