Global Mofy AI to buy 4.875% stake in Qifei for $3.9 million in shares
GMM•Global Mofy AI agreed to acquire a 4.875% stake in Qifei for $3.9 million by issuing 3 million Class B shares at $1.30 each. After closing, its subsidiary’s stake will rise to 9.94%, while CEO Haogang Yang will hold about 87.9% of aggregate voting power.
1. Stake acquisition
Global Mofy AI agreed on October 19, 2026, to acquire a 4.88% stake in Qifei (Shanghai) Technology through its subsidiary. The company will issue 3 million Class B ordinary shares at $1.30 each, valuing the transaction at $3.9 million; after closing, the subsidiary’s aggregate stake in Qifei will rise to 9.94%.
2. Voting power
Chairman and CEO Haogang Yang solely owns the seller, James Yang Mofy, and the share recipient, YANG HAO GANG. The issuance gives Yang approximately 87.9% of aggregate voting power, with each Class B share carrying 20 votes.
