Business Context and Reporting Period
Company: Global Mofy AI Ltd (Foreign Private Issuer)
Filing Type: Form 6-K
Reporting Period: October 2025 (Current Report dated October 27, 2025)
Principal Executive Offices: Beijing, People's Republic of China
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes regarding the independent registered public accounting firm.
Material Changes Versus Prior Period
The primary material change disclosed is the termination of the previous independent registered public accounting firm and the appointment of a new firm.
- Termination: YCM CPA INC. was terminated effective October 20, 2025.
- Appointment: Golden Ocean FAC PAC was appointed as the new independent registered public accounting firm, effective October 20, 2025, ratified on October 24, 2025.
- Audit History: Reports by YCM CPA INC. for the fiscal year ended September 30, 2024, did not contain adverse opinions, disclaimers, or qualifications.
Guidance, Risks, and Contingencies
Internal Control Weaknesses: The filing discloses a material weakness related to internal control over financial reporting, which was a "reportable event" during the tenure of the previous auditor. Specific deficiencies include:
- Lack of sufficient financial reporting personnel with appropriate knowledge of U.S. GAAP and SEC requirements.
- Absence of a comprehensive accounting policies and procedures manual in accordance with U.S. GAAP.
- Inadequate information technology general controls regarding access controls, backups, program changes, and cyber security.
Disagreements: The Company states there were no disagreements with YCM CPA INC. on accounting principles, practices, or auditing scope prior to the dismissal, aside from the aforementioned material weakness.
Consultations: No consultations were held with the new auditor (Golden Ocean FAC PAC) regarding accounting principles or reportable events prior to their engagement.
Investor Verification Checklist
- Verify the letter from YCM CPA INC. (Exhibit 16.1) to confirm their agreement with the Company's statements regarding the dismissal.
- Review the Company's Form 20-F for the fiscal year ended September 30, 2024, to assess the full scope of the disclosed material weaknesses in internal controls.
- Monitor future filings to determine if the new auditor, Golden Ocean FAC PAC, identifies additional control deficiencies or issues.
- Confirm the timeline for the transition of audit responsibilities and the issuance of the next financial report.