Global Mofy AI Limited shareholders approved five proposals at an extraordinary general meeting on September 2, 2026. The company ratified a prior 50-for-1 share consolidation effective June 11, 2026, and authorized a new conditional 16-to-1 reverse stock split to be executed if the Class A Ordinary Shares fail to meet the bid price requirement within six months. Voting power present accounted for 79.65% of total votes. The company operates in the artificial intelligence industry.

On August 31, 2026, Global Mofy AI Limited entered into securities purchase agreements for a self-underwritten registered direct offering of 3,796,000 Class A ordinary shares at $0.538 per share. The company issued the shares on September 1, 2026, and received approximately US$2.04 million in gross proceeds before expenses. These funds are intended for working capital purposes. No discounts or commissions were paid as the offering was self-underwritten. Global Mofy AI Limited operates in the artificial intelligence industry.

On August 19, 2026, Global Mofy AI Limited entered into a Share Exchange and Investment Agreement to acquire a 5.06% equity interest in Qifei (Shanghai) Technology Co., Ltd., an intelligent systems business providing industry-oriented artificial intelligence solutions. The Company issued 1,500,000 Class A ordinary shares at US$2.70 per share for an aggregate value of US$4,500,000 to James Yang Mofy Limited, a related party controlled by Chairman and CEO Haogang Yang. The transaction is strategically complementary to the Company’s existing operations and requires customary closing conditions including regulatory filings and due diligence. Global Mofy AI Limited operates in the artificial intelligence and digital-content industry.

Global Mofy AI Limited filed a 6-K attaching proxy materials for an extraordinary general meeting scheduled for September 2, 2026. The filing seeks shareholder ratification of a prior 50-for-1 reverse stock split effective June 11, 2026, which was implemented to comply with Nasdaq minimum bid price requirements. Additionally, the company proposes a conditional 16-to-1 reverse stock split to be executed if Class A Ordinary Shares fail to meet the $1.00 minimum bid price requirement within six months of the meeting. The effective date for this potential new consolidation is set as the tenth trading day following such a deficiency. Global Mofy AI Limited operates in the artificial intelligence industry.

Global Mofy AI Limited entered into a Share Exchange and Investment Agreement on July 29, 2026, to acquire 2% equity in Star Touch (Beijing) Technology Co., Ltd. The company issued 2,500,000 Class A ordinary shares at $0.80 per share, valuing the transaction at US$2 million. Star Touch operates in the intelligent systems business, providing industry-oriented artificial intelligence solutions to empower industrial digital transformation. This acquisition is strategically complementary to Global Mofy AI's existing operations. The company operates in the artificial intelligence and digital-content technology sector.

Global Mofy AI Limited filed a 6-K on July 28, 2026, attaching its unaudited interim financial statements and management discussion for the six months ended March 31, 2026. The company reported a net loss of $50.7 million, a reversal from a $5.0 million net income in the prior year period. Total revenues increased 49.4% to $39.9 million, driven by a $12.1 million rise in virtual technology services and a new $4.9 million digital asset sales segment. However, gross profit declined 27.9% to $8.5 million as gross margins compressed from 44.2% to 21.3%. Operating expenses surged 485.3% to $59.2 million, primarily due to an $8.6 million increase in R&D expenses and a $38.4 million impairment loss on intangible assets triggered by AI technological advancements. The company also announced a 50-to-1 reverse stock split effective June 11, 2026. Global Mofy AI Limited operates in the virtual technology and digital asset development industry, providing virtual content production and online advertising services.