Mega Matrix Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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ITEM 8.01. OTHER EVENTS.
On December 15, 2023 (“Effective Date”), Saving Digital Pte. Ltd., a Singapore exempt private company and a wholly-owned subsidiary of Mega Matrix Corp. (the “Licensor”), entered into a License Agreement (“Agreement”) with Marsland Global Limited, a British Virgin Islands company (the “Licensee”). The Licensor currently owns 30% of the voting stock of the Licensee. This Agreement is governed by the laws and regulations of Singapore.
Pursuant to the License Agreement, the Licensor granted the Licensee a license to use the two trademarks known as “MarsProtocol” (collectively, the “Trade Marks”) and all associated intellectual property rights for the Licensee’s business activities, subject to the terms and conditions outlined in this Agreement. The license fee will be paid on an annual basis of S$10,000 (Singapore Dollars 10,000) on or before each anniversary of the Effective Date during the term of the Agreement. The Licensor has agreed to waive the annual license fee for the first year. This Agreement is a perpetual agreement, and either party may terminate it at any time, for any reason, provided that at least a 10-day notice is given.
A copy of the License Agreement is attached hereto as Exhibit 99.1, and is incorporated herein by reference.
Item 9.01 Financial Statement and Exhibits.
(d) Exhibits
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Exhibit No. |
Description | |
| 99.1 | License Agreement Between Saving Digital Pte. Ltd. And Marsland Global Limited, dated December 15, 2023. | |
| 104 | Cover Page Interactive Data File (formatted as 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 20, 2023
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