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Global Mofy AI To Acquire Additional 4.875% Stake In Chinese AI Firm Qifei (Shanghai) Technology Co. For 3M Class B Shares At $1.30/Share For A Total Of $3.9M In Stock, Raising Ownership To 9.935%

Oct 20, 2026 · 04:40 PM ET· updated 1h ago

On October 19, 2026, Global Mofy AI Limited (the "Company") entered into a Share Exchange and Investment Agreement (the "Agreement") with Shanghai Moying Feihuan Technology Co., Ltd., an indirect

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Why It Matters

Global Mofy AI is buying more ownership in a Chinese AI company. When a company invests more money into something, it shows they believe in it.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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