Global Mofy AI Completes 1-for-50 Reverse Stock Split to Maintain Nasdaq Listing

summarizeSummary

Global Mofy AI has completed a 1-for-50 reverse stock split to meet Nasdaq's minimum bid price requirement, reducing outstanding shares and updating corporate documents.

check_boxKey Events

• Reverse Stock Split Effective

  A 1-for-50 reverse stock split for Class A and Class B ordinary shares became effective on June 11, 2026, with shares trading on an adjusted basis under the existing ticker symbol 'GMM'.

• Nasdaq Compliance Maintained

  The reverse stock split was implemented to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires a closing bid price greater than $0.10.

• Share Count Reduction

  The split reduced outstanding Class A ordinary shares from approximately 89.58 million to 1.79 million and Class B ordinary shares from 8.17 million to 0.16 million.

• Fractional Shares Rounded Up

  Shareholders otherwise entitled to receive a fractional share will receive one full share, with no fractional shares being issued.

auto_awesomeAnalysis

Global Mofy AI has formally completed its 1-for-50 reverse stock split, effective today, June 11, 2026. This action was taken to ensure the company maintains compliance with Nasdaq's minimum bid price requirement, preventing potential delisting. While the news of the split was previously announced, this filing provides the official details and includes the amended corporate documents, formalizing a critical step for the company's continued listing on a major exchange.