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MultiMetaVerse Holdings Limited (OQ:MMV)

Business Focus: Entertainment Production

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEC Form 4 filings for MMV*US within the last 6 months
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Company News

Jul 08, 2024 08:30 ET
MultiMetaVerse Enters into an Agreement to Establish a Joint Venture for Fintech Business
SHANGHAI, July 8, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced today that it has entered into an agreement (the "Agreement") with Zhenghe Holding Co., Limited ("Zhenghe") to establish a joint venture ("Joint Venture") to invest in and trade alternative assets with the assistance of quantitative investment algorithms to be jointly developed by the parties. Pursuant to the Agreement, Zhenghe will own 80% of the new Joint Venture and responsible for its daily management and op
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May 20, 2024 08:45 ET
MultiMetaVerse Signs Term Sheet to Acquire Innovative E-Commerce Service Provider Bowong AI
SHANGHAI, May 20, 2024 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV" or the "Company"), a leading animation and entertainment company for young consumers in China, announced today that it has entered into a non-binding term sheet (the "Term Sheet") for the acquisition (the "Proposed Transaction") of 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries (collectively "Bowong AI") by the issuance of the Company's Class A ordinary shares to the shareholders of Bowong AI as consideration (the "Consideration Shares"), the amount of which will be determined  based on further
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
2.05
1.75
1.51
Price to Book - most recent quarter
--
1.14
1.80
Price to Cash Flow per share - TTM
--
8.63
11.44
Price to Free Cash Flow per share - TTM
--
28.97
20.78
See all valuations

Business Summary

Sector:  Consumer Cyclicals Industry:  Entertainment Production

MultiMetaVerse Holdings Limited is a holding company principally engaged in the animation and entertainment industry. The Company conducts its business primarily through subsidiaries, including Shanghai Mi Ting Culture and Creative Co Ltd and its subsidiaries Shanghai Ling Xu Technology and Beijing Mi Ting Technology Co Ltd. The Company primarily develops and publishes animations, mobile games, and other contents offerings such as anime merchandise, and also provides animation production services to other animation and gaming companies.

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