AcquisitionsJul 29, 2026, 05:26 PM
Global Mofy AI Acquires 2% of Star Touch for 2.5M Shares
AI Summary
Global Mofy AI Limited entered into a Share Exchange and Investment Agreement to acquire a 2% equity interest in Star Touch (Beijing) Technology Co., Ltd. The acquisition involved issuing 2,500,000 Class A ordinary shares, valued at US$2 million, to the sellers. Star Touch specializes in intelligent systems and AI solutions, and the transaction is expected to strategically complement Global Mofy AI's existing operations.
Key Highlights
- Global Mofy AI acquired 2% equity interest in Star Touch (Beijing) Technology Co., Ltd.
- Consideration: 2,500,000 Class A ordinary shares of Global Mofy AI.
- Shares issued at US$0.8 per share, totaling US$2 million in value.
- Star Touch is engaged in intelligent systems and AI solutions.
- Transaction is strategically complementary to Global Mofy AI's operations.
- Global Mofy AI will file a registration statement for resale of shares within two months.
Price Impact
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