To Avert Nasdaq Delisting, Global Mofy AI Puts a 1-for-16 Reverse Split to Shareholders
GMM sits 64% above its 52-week low of $1.8.
Summary
Global Mofy AI has filed a proxy statement for a September 2, 2026 shareholder meeting to approve a 1-for-16 reverse stock split, triggered if the stock falls below $1.00, as the company fights to stay listed on Nasdaq.
Key Events · Corporate Governance and Compliance · GMM
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New 1-for-16 Reverse Split Proposed
At the September 2, 2026 meeting, shareholders will vote on a 1-for-16 reverse stock split that automatically triggers if the Class A ordinary share price falls below Nasdaq's $1.00 minimum bid requirement within six months.
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Authorized Shares to Shrink
Approval would slash authorized Class A shares from 600 million to 37.5 million and Class B from 80 million to 5 million, while par value climbs from $0.0015 to $0.024.
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Delisting Risk Looms
The company warns that failing to hold the $1.00 bid price could lead to a Nasdaq delisting, dealing a blow to liquidity, marketability, and access to capital.
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Second Reverse Split in Three Months
This follows a 1-for-50 reverse split completed on June 11, 2026, also aimed at meeting Nasdaq's minimum bid price rule, underscoring ongoing share price weakness.
Analysis · GMM · Technology
Just two months after a 1-for-50 reverse split in June 2026, Global Mofy AI is again turning to shareholders for a new 1-for-16 reverse stock split. This one would kick in automatically if the stock price slips below Nasdaq's $1.00 minimum bid requirement. The rapid return to the well signals persistent price weakness and a dangerously high risk of delisting—an outcome that would gut liquidity and choke off access to capital. Shareholders will cast their votes at a meeting scheduled for September 2, 2026.
How filings like this one have moved
In the 30 days to Oct 21, 2026, 29.2% of the 1544 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GMM was trading at $2.95 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.8M. The 52-week trading range was $1.80 to $161.75. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.