Global Mofy AI Limited Announces Reverse Stock Split

Global Mofy AI Limited announced that its shareholders approved a reverse stock split at a meeting held on January 5, 2026. The reverse stock split, effective June 11, 2026, was executed at a 50-for-1 ratio. This action aimed to comply with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires listed companies to maintain a minimum bid price of $0.10. The reverse stock split reduced the number of outstanding Class A ordinary shares from approximately 89.58 million to 1.79 million and Class B ordinary shares from approximately 8.17 million to 0.16 million. The par value per share increased proportionally, and the number of authorized ordinary shares was adjusted accordingly. Fractional shares resulting from the split were rounded up to the nearest whole share. The company also amended and restated its memorandum and articles of association to reflect these changes.