Correspondence 0001213900-25-000800 from Mega Matrix Inc (MPU)
Mega Matrix Inc
Date: Jan. 3, 2025 · CIK: 0001953021 · Accession: 0001213900-25-000800
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-283739
Referenced dates: December 30, 2024
Letter
Via EDGAR Division of Corporation Finance Office of Crypto Assets Re: Mega Matrix Inc. Registration Statement on Form F-3 Filed December 11, 2024 File No. 333-283739
Dear Sir/Madam:
On behalf of Mega Matrix Inc. (the “Company”), we are responding to the Staff’s comment letter dated December 30, 2024, related to the above referenced Registration Statement on Form F-3.
For ease of reference, we have copied the Staff’s comment in italics as indicated below with the Company’s response.
Registration Statement on Form F-3
General
1. We note that you are registering the offer and sale of debt securities. Please file a form of indenture as an exhibit to the registration statement. Refer to Questions 201.02 and 201.04 of the Trust Indenture Act of 1939 Compliance and Disclosure Interpretations. Additionally, please either file a Form T-1 or, if you are relying on Section 305(b)(2) of the Trust Indenture Act, annotate the exhibit index to indicate such intention and include the undertaking contained in Item 512(j) of Regulation S-K.
Response: The Company respectfully advises the Staff that the Trust Indenture Act of 1939 (“TIA”) will not impact the issuance of the debt securities registered under this registration statement. As disclosed on page 37 in the “Description of Debt Securities” section, the Company has specified that, in no case, shall the amount of debt securities issued under an indenture exceed an aggregate principal amount outstanding of $10,000,000 at any one time during a 36-month period. Accordingly, such securities are exempt from registration under Section 304(a)(9) of the TIA and Rule 4a-3 promulgated thereunder.
Additionally, on page 37, the Company has disclosed that, if required to register a trust indenture under the TIA, it will not proceed with the financing under this registration statement. Therefore, no trust indenture is required to be filed, and the requirements of the TIA, including filing Form T-1 or complying with Item 512(j) of Regulation S-K, do not apply to this offering.
ARIZONA ● CALIFORNIA ● COLORADO ● CONNECTICUT ● DELAWARE ● FLORIDA ● GEORGIA ● ILLINOIS ● INDIANA ● KANSAS ● KENTUCKY ● LOUISIANA MARYLAND ● MASSACHUSETTS ● MINNESOTA ● MISSISSIPPI ● MISSOURI ● NEVADA ● NEW JERSEY ● NEW MEXICO ● NEW YORK ● NORTH CAROLINA OHIO ● OREGON ● PENNSYLVANIA ● RHODE ISLAND ● TENNESSEE ● TEXAS ● UTAH ● VIRGINIA ● WASHINGTON ● WASHINGTON D.C. ● WEST VIRGINIA
January 3, 2025
Page 2
Please contact me at 916-646-8288, or my partner, Daniel B. Eng, at 415-262-8508, with any questions or further comments regarding the Company’s responses to the Staff’s comments.
Very truly yours,
/s/ John P. Yung
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CORRESP
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filename1.htm
John P. Yung
2020 West El Camino Avenue, Suite 700
Sacramento, California 95833
John.Yung@lewisbrisbois.com
Direct: 916.646.8288
January 3, 2025
Via EDGAR
U.S. Securities and Exchange Commission
Division of Corporation Finance
Office of Crypto Assets
100 F Street NE
Washington, DC 20549
Re: Mega Matrix Inc.
Registration Statement on Form F-3
Filed December 11, 2024
File No. 333-283739
Dear Sir/Madam:
On behalf of Mega Matrix Inc.
(the “Company”), we are responding to the Staff’s comment letter dated December 30, 2024, related to the above referenced
Registration Statement on Form F-3.
For ease of reference, we
have copied the Staff’s comment in italics as indicated below with the Company’s response.
Registration Statement on Form F-3
General
1. We
note that you are registering the offer and sale of debt securities. Please file a form of indenture as an exhibit to the registration
statement. Refer to Questions 201.02 and 201.04 of the Trust Indenture Act of 1939 Compliance and Disclosure Interpretations. Additionally,
please either file a Form T-1 or, if you are relying on Section 305(b)(2) of the Trust Indenture Act, annotate the exhibit index
to indicate such intention and include the undertaking contained in Item 512(j) of Regulation S-K.
Response: The Company respectfully advises the Staff that the Trust
Indenture Act of 1939 (“TIA”) will not impact the issuance of the debt securities registered under this registration statement.
As disclosed on page 37 in the “Description of Debt Securities” section, the Company has specified that, in no case, shall
the amount of debt securities issued under an indenture exceed an aggregate principal amount outstanding of $10,000,000 at any one time
during a 36-month period. Accordingly, such securities are exempt from registration under Section 304(a)(9) of the TIA and Rule 4a-3
promulgated thereunder.
Additionally, on page 37, the Company has disclosed that, if required
to register a trust indenture under the TIA, it will not proceed with the financing under this registration statement. Therefore, no trust
indenture is required to be filed, and the requirements of the TIA, including filing Form T-1 or complying with Item 512(j) of Regulation
S-K, do not apply to this offering.
ARIZONA ● CALIFORNIA ● COLORADO ● CONNECTICUT ● DELAWARE ● FLORIDA ● GEORGIA ● ILLINOIS ● INDIANA ● KANSAS ● KENTUCKY ● LOUISIANA MARYLAND ● MASSACHUSETTS ● MINNESOTA ● MISSISSIPPI ● MISSOURI ● NEVADA ● NEW JERSEY ● NEW MEXICO ● NEW YORK ● NORTH CAROLINA OHIO ● OREGON ● PENNSYLVANIA ● RHODE ISLAND ● TENNESSEE ● TEXAS ● UTAH ● VIRGINIA ● WASHINGTON ● WASHINGTON D.C. ● WEST VIRGINIA
January 3, 2025
Page 2
Please
contact me at 916-646-8288, or my partner, Daniel B. Eng, at 415-262-8508, with any questions or further comments regarding the Company’s
responses to the Staff’s comments.
Very truly yours,
/s/ John P. Yung
John P. Yung of
LEWIS BRISBOIS BISGAARD & SMITH llp
JPY:dh
LEWIS BRISBOIS BISGAARD & SMITH LLP
www.lewisbrisbois.com