SplitJun 9, 2026, 11:51 AM
Global Mofy AI Announces 1-for-50 Reverse Stock Split
AI Summary
Global Mofy AI Limited announced a 1-for-50 reverse stock split for its Class A and Class B ordinary shares. Shareholders approved a reverse split ratio between 1-for-2 and 1-for-500 on January 5, 2026, with the Board of Directors determining the 1-for-50 ratio on May 26, 2026. The adjusted trading for Class A shares will commence on June 11, 2026, under the existing ticker "GMM", and the new CUSIP number will be G3937M205. This action will reduce outstanding Class A shares from approximately 89.58 million to 1.79 million and Class B shares from 8.17 million to 0.16 million, with fractional shares rounded up to one full share.
Key Highlights
- Global Mofy AI resolved a 1-for-50 reverse stock split for Class A and Class B ordinary shares.
- Shareholders approved a reverse stock split ratio between 1-for-2 and 1-for-500 on January 5, 2026.
- The Board of Directors determined the exact 1-for-50 ratio on May 26, 2026.
- Class A ordinary shares will begin trading on an adjusted basis on June 11, 2026, under ticker "GMM".
- The new CUSIP number for Class A ordinary shares will be G3937M205.
- Outstanding Class A shares will reduce from approximately 89.58 million to 1.79 million.
- Outstanding Class B shares will reduce from approximately 8.17 million to 0.16 million.
- Shareholders entitled to fractional shares will receive one full share.
Price Impact
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