Global Mofy AI Shares Sink 14% After Hours: Here's Why
Global Mofy AI (GGMM) shares dropped 14.32% to $0.95 after hours following a share-exchange deal to increase its stake in Qifei (Shanghai) Technology. The company issued 3 million Class B shares at $1.30 each for an additional 4.875% equity in Qifei. Chairman Haogang Yang has material interest in both sides of the transaction. GGMM's market cap is $10.64M, with shares down 98.85% over the past year.






