[6-K] Global Mofy AI Ltd Current Report (Foreign Issuer)
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Global Mofy AI Limited reported that certain holders exercised warrants on an alternate cashless basis in September 2025, and the company issued 348,318 Class A ordinary shares. The exercises covered an aggregate of 435,397 warrants exchanged using the alternate cashless formula.
The warrants were originally issued in a private placement and are exercisable for cash at $1.515 per share or on cashless terms, including an alternate method equal to 0.8 times the underlying shares elected. The newly issued shares are registered under Form F-1 (No. 333-283609), declared effective on January 27, 2025. This report is incorporated by reference into the company’s Form F-3 shelf filed on January 28, 2025 (No. 333-284554).
Positive
- None.
Negative
- None.
FAQ
What did Global Mofy AI (GMM) disclose in this 6-K?
The company disclosed warrant exercises on an alternate cashless basis in September 2025, resulting in the issuance of 348,318 Class A ordinary shares.
What are the warrant exercise terms mentioned?
Warrants are exercisable for cash at $1.515 per share or on a cashless basis, including an alternate method equal to 0.8 times the underlying shares elected.
What was the origin and size of the warrant issuance?
As previously disclosed, the company issued 19,801,985 warrants in connection with a private placement, after giving effect to a 1-for-15 reverse split.
Were there any transfers of the warrants?
Yes. On January 28, 2025, purchasers assigned an aggregate of 8,000,000 warrants to certain assignees.
Is this 6-K linked to any shelf registration?
Yes. The report is incorporated by reference into the company’s Form F-3 (No. 333-284554) filed on January 28, 2025.