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MPU vs SOGP

Mega Matrix Inc. and Sound Group Inc. American Depositary Shares

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Mega Matrix Inc.

Mega Matrix Inc. operates streaming platform in the vertical screen entertainment through its FlexTV. Its FlexTV is a short drama streaming platform that produces English, Japanese, and Thai dramas that also translated into various languages for its users across various parts of Europe, America, and Southeast Asia. The company also acquires third party content licenses, which it then translates and distributes on its FlexTV platform; and provides online advertising services. Further, it produces film in the United States, Mexico, Australia, Thailand, and the Philippines. Mega Matrix Inc. was incorporated in 1997 and is based in Singapore.

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Sound Group Inc. American Depositary Shares

Sound Group Inc. provides audio entertainment, podcast, advertising, and others in the People's Republic of China. It focuses on building audio platform to connect and communicate. The company, through its product portfolio and in-house technologies, caters to user interest in audio entertainment and social networking. It also engages in investment holding, technical support and consulting, advertising, and podcast activities. The company was formerly known as LIZHI INC. and changed its name to Sound Group Inc. in January 2024. Sound Group Inc. was founded in 2010 and is based in Singapore.

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