Global Mofy AI issues 2,500,000 shares in US$ 2 million deal for 2% stake in Star Touch Beijing
Reuters2026/07/29 21:34- Global Mofy AI entered a share exchange to acquire 2% of Star Touch (Beijing) Technology via its Beijing affiliate.
- Consideration set at 2,500,000 Class A ordinary shares priced at US$0.8 each, valuing the deal at US$2 million.
- Star Touch operates in intelligent systems, providing industry-focused AI solutions aimed at industrial digital transformation.
- Shares were issued on July 29, 2026, with closing subject to due diligence, approvals, consents, and required PRC filings.
- Transaction positioned as complementary to Global Mofy AI’s artificial intelligence and digital-content operations.
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