Global Mofy AI Limited (NASDAQ: GMM), a generative AI-driven technology solutions provider specializing in virtual content production and 3D digital assets, announced the pricing of an $8 million registered direct offering. The offering consists of 8,247,420 Class A ordinary shares and accompanying Series A and Series B warrants, sold at a combined price of $0.97 per share and accompanying warrants. Gross proceeds are expected to total approximately $8 million before deducting placement agent fees and other offering expenses.
The company stated that it intends to use the net proceeds for general corporate purposes, including working capital, product development, and the continued expansion of its AI-powered technology platforms and related infrastructure. This capital infusion is expected to support Global Mofy AI's growth strategy as it scales its operations in the digital content industry.
The offering is expected to close on or about May 26, 2026, subject to customary closing conditions. D. Boral Capital is serving as the exclusive placement agent for the transaction.
Global Mofy AI is a generative AI-driven technology solutions provider engaged in virtual content production and the development of digital assets. The company utilizes its proprietary "Mofy Lab" technology platform, which combines interactive 3D and artificial intelligence technology, to create high-definition virtual versions of physical world objects in 3D—ranging from characters and objects to scenes. These digital assets can be applied across various sectors, including movies, TV series, AR/VR, animation, advertising, and gaming. Additionally, Global Mofy Metaverse, one of China's leading digital asset banks, holds more than 150,000 high-precision 3D digital assets.
The news of this offering is significant for investors and the industry as it highlights Global Mofy AI's commitment to advancing its AI-driven platforms. The additional funding will enable the company to enhance its technology and expand its digital asset library, potentially strengthening its competitive position in the rapidly growing generative AI and virtual content production markets. For readers, this development signals continued investment in AI and 3D digital asset technologies, which are increasingly integral to entertainment, advertising, and immersive experiences.
For more details, the full press release is available at https://ibn.fm/vp8M2. Additional information about Global Mofy AI can be found at www.globalmofy.ai or ir.globalmofy.cn.
