🔴 Global Mofy Metaverse is trading 10% down in pre-market after related-party Qifei share-exchange deal

Global Mofy Metaverse is trading 10% down at $1.00 in pre-market after a Qifei share-exchange agreement was disclosed.

• Benzinga reports the after-hours drop followed a related-party deal: 3 million Class B shares for an additional 4.875% Qifei stake, involving the chairman and CEO.
• Qifei ownership would rise to 9.935% and the CEO’s voting power to about 87.9%; price history shows a multi-session decline.
• Bitcoin and Ethereum are modestly higher; pre-market quote is stated price source.