TORONTO and GATINEAU, QC, Dec. 20, 2024 /PRNewswire/ — Converge Technology Solutions Corp. (“Converge” or “the Company”) (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced that, further to the Company’s press release dated November 12, 2024, due to the December 2024 holiday schedule, Converge will pay its previously announced dividend (the “Dividend”) of $0.015 per common share one day earlier, from December 28, 2024 to December 27, 2024.

The record date of December 10, 2024 (the “Record Date”) for the Dividend remains unchanged. The Dividend is in respect of and is based on Converge’s financial results for the three and nine months ended September 30, 2024. The Dividend will be paid on December 27, 2024 to shareholders of record as of the close of business on the Record Date.

About Converge

Converge Technology Solutions Corp. is a services-led, software-enabled, IT & Cloud Solutions provider focused on delivering industry-leading solutions. Converge’s global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The Company supports these solutions with advisory, implementation, and managed services expertise across all major IT vendors in the marketplace. This multi-faceted approach enables Converge to address the unique business and technology requirements for all clients in the public and private sectors. For more information, visit convergetp.com.

Forward-Looking Information

This press release contains certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation regarding Converge and its business. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected” “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”. “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Specifically, statements regarding the expected timing of the Dividend are considered forward-looking information. The forward-looking information are based on management’s opinions, estimates and assumptions, including, but not limited to those assumptions described under the heading “About Forward-Looking Information” in the Company’s Management’s Discussion and Analysis for the nine months ended September 30, 2024. While these opinions, estimates and assumptions are considered by the Company to be appropriate and reasonable in the circumstances as of the date of this press release, they are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, those risk factors discussed in greater detail under the “Risk Factors” section of the Company’s most recent annual information form and under the heading “Risks and Uncertainties” in the Company’s most recent Management’s Discussion and Analysis, which are each available under the Company’s profile on SEDAR+ at www.sedarplus.ca. Many of these risks are beyond the Company’s control.

If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information.

No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this press release represents the company’s expectations as of the date specified herein, and are subject to change after such date. However, the Company disclaims any intention or obligation or undertaking to update or revise any forward-looking information or to publicly announce the results of any revisions to any of those statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

For further information contact: Converge Technology Solutions Corp., Email: investors@convergetp.com, Phone: 416-360-1495

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SINGAPORE, Dec. 20, 2024 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU or “Company”) today announced the results of its 2024 Annual General Meeting, which was held virtually on December 20, 2024 10:00 a.m. PT.

At the 2024 Annual General Meeting, the Company’s shareholders:

(1) approved a proposal, as an ordinary resolution, to elect four (4) persons to the board of directors of the Company, each to serve until the next annual general meeting of shareholders of the Company or until such person shall resign, be removed or otherwise leave office;

(2) approved a proposal, as an ordinary resolution, to confirm and ratify the appointment of Audit Alliance LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024; and

(3) approved a proposal, as a special resolution, that the title to Class A ordinary shares listed on NYSE American in the United States of America for so long as the Company’s Class A ordinary shares are there listed and any other stock exchange on which the Company’s Class A ordinary shares are listed for trading (the “Designated Stock Exchange”), may be evidenced and transferred in accordance with the laws applicable to the rules and regulations of the Designated Stock Exchange and, for these purposes, the register of members of the Company may be maintained in accordance with section 40B of the Companies Act (Revised) of the Cayman Islands.

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. 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 execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9Yards Communications under the memorandum of understanding; 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 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 “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, 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.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

(X/Twitter)  x.com/MegaMatrixMPU

Facebook: facebook.com/megamatrixmpu
                  facebook.com/flextvus

LinkedIn:   linkedin.com/company/megamatrixmpu

TikTok:      tiktok.com/@flextv_english

YouTube:  youtube.com/@FlexTV_English

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Corp.

Global law firm Greenberg Traurig, LLP hosted a delegation of startup companies from the MassChallenge Israel 2024 Early-Stage Accelerator in the firm’s Boston Office Nov. 19.

BOSTON, Dec. 20, 2024 /PRNewswire-PRWeb/ — Global law firm Greenberg Traurig, LLP hosted a delegation of startup companies from the MassChallenge Israel 2024 Early-Stage Accelerator in the firm’s Boston Office Nov. 19. The event, which was part of MassChallenge Israel‘s annual roadshow, featured an investor panel and a legal workshop led by Greenberg Traurig Boston Co-Managing Shareholder David J. Dykeman and New York Corporate Shareholder Eyal Peled. Greenberg Traurig has hosted MassChallenge delegations for many years.

In addition, the firm sponsored MassChallenge Israel’s 2024 Boston Community Event Nov. 18. This event brought together founders, innovators, and leaders to discuss some of the industry’s most pressing challenges.

“Greenberg Traurig is proud to continue our ongoing collaboration with MassChallenge,” Dykeman said. “The accelerator’s unique and effective approach empowers startups to scale, bringing groundbreaking ideas to market and strengthening connections between entrepreneurs, industries, and investors worldwide.”

Founded in 2009 in Boston, MassChallenge connects startups, experts, corporations, and communities to grow and transform businesses and economies. MassChallenge Israel is the largest and most diverse zero-equity accelerator in Israel. Since 2016, MassChallenge Israel has been headquartered in the city of Jerusalem, and accelerates 30-50 companies, solving some of the world’s biggest problems through its core accelerator. MassChallenge Israel alumni have collectively raised over $1.7B and created 22,000+ jobs.

About Greenberg Traurig’s Boston Office: Celebrating 25 years of legal excellence, Greenberg Traurig’s Boston office is home to more than 90 attorneys practicing in the areas of banking and finance, corporate, emerging technology, energy, environmental, gaming, governmental affairs, intellectual property, labor and employment, life sciences and medical technology, litigation, public finance, real estate, restructuring and bankruptcy, tax, and white collar defense and investigations. An important contributor to the firm’s international platform, the Boston office includes a team of nationally recognized attorneys with both public and private sector experience. Working collaboratively with the firm’s global network, the Boston team collectively offers clients decades of experience advising on complex legal matters and providing hands-on knowledge of the local business community.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI “Leading Edge Law Firm” for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: http://www.gtlaw.com.

Media Contact

Lisa Murray, Trevi Communications, Inc., 978.750.0333, lisa@trevicomm.com, https://trevicomm.com/

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SOURCE Greenberg Traurig, LLP