Global Mofy AI announced that it has resolved to effect a reverse stock split of the Company’s ordinary shares, with the split ratio set at 1-for-15. The reverse stock split was approved by the Company’s shareholders at a special meeting held on November 1, 2024. Global Mofy’s Class A ordinary shares will begin trading on an adjusted basis, reflecting the reverse stock split, on November 26, 2024, under the existing ticker symbol “GMM.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GMM:
- Global Mofy awarded membership in MIIT’s Industrial Brand Promotion Organization
- Global Mofy AI Restructures for Enhanced Flexibility
- Global Mofy Metaverse’s Gausspeed invited to NVIDIA Forum at CNCC2024
- Global Mofy signs strategic cooperation agreement with Haizhou district
- Global Mofy AI Plans Major Share Capital Reorganization