STOCK TITAN

Global Mofy AI (Nasdaq: GMM) sets 1-for-50 reverse stock split to aid Nasdaq rule

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Global Mofy AI Limited has implemented a 1-for-50 reverse stock split of its Class A and Class B ordinary shares. Effective upon the market open on June 11, 2026, the shares began trading on Nasdaq on a post-split basis under the existing symbol “GMM”.

The reverse split reduces outstanding Class A shares from approximately 89.58 million to approximately 1.79 million and Class B shares from approximately 8.17 million to approximately 0.16 million, while increasing par value to $0.0015 per share and proportionally reducing authorized shares to 600,000,000 Class A and 80,000,000 Class B shares. Fractional shares are rounded up so each affected holder receives at least one whole share.

The company states that the reverse split is intended to help maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires a closing bid price greater than $0.10. Global Mofy also amended and restated its memorandum and articles of association to reflect the new share structure.

Positive

  • None.

Negative

  • None.

Insights

Global Mofy consolidates shares 1-for-50 to support Nasdaq bid-price compliance.

Global Mofy AI Limited has executed a 1-for-50 reverse stock split, sharply reducing outstanding Class A and B ordinary shares while proportionally increasing par value and reducing authorized shares. Trading on a post-split basis began on June 11, 2026 under the same Nasdaq ticker.

The company explicitly links this action to Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires a closing bid above $0.10. Reverse splits are a common mechanical tool to adjust share price without changing overall equity value, although they do not alter business fundamentals or cash flows by themselves.

The filing also notes amended and restated memorandum and articles of association to embed the new share counts and par values. Subsequent company filings may show whether the post-split trading price and bid-price compliance track the intended outcome under Nasdaq rules.

Reverse split ratio 1-for-50 Class A and Class B ordinary shares
Class A shares outstanding pre-split 89.58 million shares Before reverse stock split
Class A shares outstanding post-split 1.79 million shares After reverse stock split
Class B shares outstanding pre-split 8.17 million shares Before reverse stock split
Class B shares outstanding post-split 0.16 million shares After reverse stock split
New par value per share $0.0015 per share Both Class A and Class B after split
Authorized Class A shares 600,000,000 shares After proportional reduction
Nasdaq bid-price threshold $0.10 closing bid Nasdaq Listing Rule 5810(c)(3)(A)(iii)
reverse stock split financial
"Global Mofy AI Limited Announces Effective Date of Reverse Stock Split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Nasdaq Listing Rule 5810(c)(3)(A)(iii) regulatory
"intended for the Company to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii)"
par value financial
"par value of US$0.00003 each to approximately 1.79 million Class A ordinary shares of a par value of US$0.0015 each"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
CUSIP number financial
"The new CUSIP number following the Reverse Stock Split is G3937M205."
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
memorandum and articles of association regulatory
"The Company amended and restated its memorandum and articles of association to reflect the adjustment"
Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.
forward-looking statements regulatory
"This press release contains forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number: 001-41834

 

Global Mofy AI Limited

 

No. 102, 1st Floor, No. A12, Xidian Memory Cultural and Creative Town

Gaobeidian Township, Chaoyang District, Beijing

People’s Republic of China, 100000

+86-10-64376636

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F      Form 40-F

 

 

 

 

 

 

At the annual general meeting (the “AGM”) of shareholders of Global Mofy AI Limited (the “Company”) held on January 5, 2026 at 10:00 a.m., Beijing Time (January 4, 2026, at 9:00 p.m. Eastern Time), the following matters, among others, were approved and authorized:

 

A.conditional upon the approval of the board of directors of the Company (the “Board”) in its sole discretion, with effect as of the date the board of directors of the Company (“Board”) may determine:

 

i.all of the authorized, issued, and outstanding shares of the Company (collectively, the “Shares”) be consolidated, at any one time or multiple times during a period of up to three (3) years after the date of the Meeting (each a “Share Consolidation” and collectively, the “Share Consolidations”) in each case, at the exact consolidation ratio and effective time as the Board may determine in its sole discretion (together, the “Share Consolidations”, and each, a “Share Consolidation”); provided always, that the accumulated consolidation ratio for any and all such Share Consolidations shall be no less than two (2)-for-one (1) nor greater than five-hundred (500)-for-one (1), with such consolidated Shares having the same rights and being subject to the same restrictions (save as to nominal value) as the existing Shares of each class as set out in the Company’s current amended and restated memorandum and articles of association;

 

ii.no fractional shares be issued in connection with any Share Consolidation and, in the event that a shareholder would otherwise be entitled to receive a fractional share upon a Share Consolidation, the total number of shares to be received by such shareholder be rounded up to the next whole share; and

 

iii.any change to the Company’s authorized share capital in connection with, and as necessary to effect, the Share Consolidation(s), be and is hereby approved, such amendment to be determined by the Board in its sole discretion; and

 

B.any one director or officer of the Company be and is hereby authorized for and on behalf of the Company to do all such other acts or things necessary or desirable to implement, carry out, and give effect to the Share Consolidation(s), if and when deemed advisable by the Board, in its sole discretion.

 

According to the unanimous written resolutions of the Board passed on May 26, 2026, the reverse stock split at the ratio of fifty (50)-for-one (1) (the “Reverse Stock Split”) and the rounding up of any fractional shares resulting from the Reverse Stock Split to the nearest whole ordinary share were approved.

 

Upon the opening of the market on June 11, 2026, the Company’s Class A ordinary shares began trading on the Nasdaq Stock Market (“Nasdaq”) on a post-Reverse Stock Split basis under the current symbol “GMM”. 

 

Every fifty (50) outstanding Class A ordinary shares or Class B ordinary shares were combined into and automatically became one post-Reverse Stock Split Class A ordinary shares or Class B ordinary shares, respectively. No fractional shares will be issued in connection with the Reverse Stock Split. Instead, the Company will issue one full post-Reverse Stock Split Class A ordinary shares or Class B ordinary shares, as applicable, to any shareholder who would have been entitled to receive a fractional share as a result of the process. The new CUSIP number following the Reverse Stock Split is G3937M205.

 

The Reverse Stock Split will reduce the number of outstanding shares of the Company from approximately 89.58 million Class A ordinary shares of a par value of US$0.00003 each and approximately 8.17 million Class B ordinary shares of a par value of US$0.00003 each to approximately 1.79 million Class A ordinary shares of a par value of US$0.0015 each and approximately 0.16 million Class B ordinary shares of a par value of US$0.0015 each, respectively. The par value of the Class A ordinary shares and Class B ordinary shares will be increased in proportion to the ratio of the Reverse Stock Split to US$0.0015 per share, and the number of authorized ordinary shares will be reduced in proportion to the ratio of the Reverse Stock Split to 600,000,000 Class A ordinary shares and 80,000,000 Class B ordinary shares.

 

The Reverse Stock Split is intended for the Company to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires issuers listed on Nasdaq to maintain a closing bid price of greater than $0.10.

 

The Company amended and restated its memorandum and articles of association to reflect the adjustment of the number of authorized ordinary shares and the par value. Attached to this report on Form 6-K as Exhibit 1.1 is a copy of such fifth amended and restated memorandum and articles of association.

 

Attached to this report as Exhibit 99.1 is a copy of the press release dated June 9, 2026 titled “Global Mofy AI Limited Announces Effective Date of Reverse Stock Split”.

 

This Report on Form 6-K (including the exhibit) is incorporated by reference into the Company’s Registration Statement on Form F-3 filed with the Securities and Exchange Commission on January 28, 2026 (Registration No. 333-293015), as amended, and Company’s Registration Statement on Form F-3 filed with the Securities and Exchange Commission on March 6, 2026 (Registration No. 333-294113), as amended.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
1.1   Fifth Amended and Restated Memorandum and Articles of Association
99.1   Press Release – Global Mofy AI Limited Announces Effective Date of Reverse Stock Split, dated June 9, 2026

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Global Mofy AI Limited
   
Date: June 11, 2026 By: /s/ Haogang Yang
  Name:  Haogang Yang
  Title: Chief Executive Officer, Director, and Chairman of the Board

 

3

 

Exhibit 99.1

 

Global Mofy AI Limited Announces Effective Date of Reverse Stock Split

 

BEIJING, June 9, 2026 (GLOBE NEWSWIRE) — Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets, today announced that it has resolved to effect a reverse stock split of the Company’s class A ordinary shares and class B ordinary shares and has determined the ratio to be 1-for-50. At the Company’s annual meeting of shareholders held on January 5, 2026, the Company’s shareholders approved a reverse stock split at a ratio of not less than 1-for-2 and not more than 1-for-500 and granted the Company’s Board of Directors the authority to determine the exact split ratio. On May 26, 2026, the Company’s Board of Directors determined the ratio to be 1-for-50. GMM’s class A ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on June 11, 2026 under the existing ticker symbol “GMM”. The new CUSIP number of the Company’s class A ordinary shares will be G3937M205.

 

When the reverse stock split is effective, every fifty shares of the Company’s class A ordinary shares, par value at $0.00003 per share issued and outstanding as of the effective date will be automatically combined into one class A ordinary shares, par value at $0.0015 per share, and every fifty shares of the Company’s class B ordinary shares, par value at $0.00003 per share issued and outstanding as of the effective date will be automatically combined into one class B ordinary shares, par value at $0.0015 per share. This will reduce the number of outstanding class A ordinary shares of GMM from approximately 89.58 million to approximately 1.79 million and the number of outstanding class B ordinary shares of GMM from approximately 8.17 million to approximately 0.16 million.

 

No fractional shares will be issued in connection with the reverse stock split. Shareholders otherwise entitled to receive a fractional share as a result of the reverse stock split will receive one full share.

 

Additional information concerning the reverse stock split can be found in GMM’s notice of annual general meeting filed with the Securities and Exchange Commission on December 17, 2025.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

About Global Mofy AI Limited

 

Global Mofy AI Limited (Nasdaq: GMM) is a generative AI-driven technology solutions provider engaged in virtual content production, and the development of digital assets for the digital content industry. Utilizing its proprietary “Mofy Lab” technology platform, which consists of interactive 3D and artificial intelligence (“AI”) technology, the Company creates high-definition virtual versions of a wide range of physical world objects in 3D ranging from characters, objects to scenes and more. The digital assets can be used in different applications, including movies, TV series, AR/VR, animation, advertising, gaming, and more. Global Mofy Metaverse is one of the leading digital asset banks in China, which consists of more than 150,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.ai or ir.globalmofy.cn.

 

 

 

 

Forward-Looking Statement

 

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, our ability to keep pace with new technology and changing market needs, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

For more information, please contact:

 

Global Mofy AI Limited

Investor Relations Department

ir@mof-vfx.com

 

 

 

FAQ

What reverse stock split did Global Mofy AI (GMM) approve and implement?

Global Mofy AI implemented a 1-for-50 reverse stock split of its Class A and Class B ordinary shares. Every fifty pre-split shares were automatically combined into one post-split share, significantly reducing the number of shares outstanding without changing individual ownership proportion.

How did Global Mofy AI’s share count change after the 1-for-50 reverse split?

After the 1-for-50 reverse split, Global Mofy AI’s Class A shares fell from about 89.58 million to about 1.79 million. Class B shares declined from about 8.17 million to about 0.16 million, keeping relative ownership stakes the same while consolidating the share structure.

When did Global Mofy AI begin trading on a post-reverse-split basis on Nasdaq?

Global Mofy AI’s Class A ordinary shares began trading on a post-reverse-split basis on Nasdaq on June 11, 2026. The stock continues to trade under the symbol GMM, now reflecting the consolidated share count from the 1-for-50 reverse stock split.

Why did Global Mofy AI carry out a reverse stock split?

Global Mofy AI states that the reverse stock split is intended to help maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii). This rule requires listed companies to maintain a closing bid price greater than $0.10, and a reverse split can mechanically increase per-share trading price.

How are fractional shares treated in Global Mofy AI’s reverse stock split?

Global Mofy AI will not issue fractional shares from the reverse split. Instead, any shareholder who would have received a fractional share will be rounded up and issued one full post-split share, ensuring every impacted holder receives a whole number of shares.

Did Global Mofy AI change par value and authorized shares with the reverse split?

Yes. Par value for both Class A and Class B shares increased to $0.0015 per share, proportional to the 1-for-50 ratio. Authorized shares were reduced to 600,000,000 Class A and 80,000,000 Class B shares, and the memorandum and articles of association were amended accordingly.

Filing Exhibits & Attachments

2 documents