Mega Matrix Corp. announced that On May 10, 2024, Mr. Jiang resigned as independent director and from all Board committee positions of the Company, effective immediately. Mr. Jiang?s resignation is for personal reasons and not due to any disagreement with the Company?s management team or the Company?s Board on any matter relating to the operations, policies or practices of the Company or any issues regarding the Company?s accounting policies or practices. On May 10, 2024, the Board appointed Mr. Junyi Dai, effective immediately, to serve as a member of the Board and as the chairperson of the compensation committee and a member of audit committee. The Board has determined that Mr. Dai is independent within the meaning of Sections 803A and 803B(2) of the NYSE American Company Guide, and applicable rules of the U.S. Securities and Exchange Commission (?SEC?).
Junyi Dai. Mr. Dai has been the Managing Director at FLMD Pty. Ltd. since 2015, where he oversees strategic planning to maximize shareholder value, manages team execution across departments, and maintains crucial relationships with stakeholders such as major customers, suppliers, and local governments. From 2009 to 2014, Mr. Dai served as General Manager Assistant at Peng Xin Investment Co. Ltd, where he was involved in financial and investment planning for listed companies. He earned his Bachelor of Commerce from the University of New South Wales.