{"id":839979,"date":"2025-04-22T08:51:27","date_gmt":"2025-04-22T12:51:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/"},"modified":"2025-04-22T08:51:27","modified_gmt":"2025-04-22T12:51:27","slug":"global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/","title":{"rendered":"Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BEIJING, April  22, 2025  (GLOBE NEWSWIRE) &#8212; Global Mofy AI Limited (the \u201cCompany\u201d or \u201cGlobal Mofy\u201d) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced the successful closing of its previously announced private placement financing (the \u201cOffering\u201d) on April 22, 2025.<\/p>\n<p align=\"justify\">In connection with the closing of the Offering, the Company issued an aggregate of 2,030,460 Class A ordinary shares, par value $0.00003 per share (each, a \u201cClass A Ordinary Share\u201d), and 2,030,460 warrants (each, a \u201cWarrant\u201d), each to purchase one Class A Ordinary Share at an initial exercise price of $2.36 per share, subject to reset and adjustment, pursuant to the securities purchase agreement dated April 15, 2025, by and between the Company and the participating investors. The Warrants are exercisable upon issuance and will expire five years from the issuance date.<\/p>\n<p align=\"justify\">The Company received gross proceeds of approximately $4 million from the Offering, before deducting customary fees and expenses. The net proceeds from the Offering are expected to be used for general corporate purposes, including working capital, product development, and continued investment in the Company\u2019s AI-powered platforms, including its newly launched Gauss AI Lab.<\/p>\n<p align=\"justify\">\u201cThe successful closing of this financing further strengthens our ability to deliver innovation across our AI-driven technology platforms,\u201d said Haogang Yang, CEO of Global Mofy. \u201cThis capital will support our strategic growth initiatives and accelerate development efforts as we continue to advance next-generation digital content solutions and expand our position in the rapidly evolving digital ecosystem.\u201d<\/p>\n<p align=\"justify\">The securities described above have not been registered under the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d), and may not be offered or sold in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act. The Company has agreed to file a registration statement with the U.S. Securities and Exchange Commission (SEC) covering the resale of the Class A Ordinary Shares and Class A Ordinary Shares issuable upon the exercise of the Warrants issued in this Offering.<\/p>\n<p align=\"justify\">This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.<\/p>\n<p align=\"justify\">\n        <strong>About Global Mofy AI Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Global Mofy AI Limited (Nasdaq: GMM) is a generative AI-driven technology solutions provider engaged in virtual content production, and the development of digital assets for the digital content industry. Utilizing its proprietary \u201cMofy Lab\u201d technology platform, which consists of interactive 3D and artificial intelligence (\u201cAI\u201d) technology, the Company creates high-definition virtual versions of a wide range of physical world objects in 3D ranging from characters, objects to scenes and more. The digital assets can be used in different applications, including movies, TV series, AR\/VR, animation, advertising, gaming, and more. Global Mofy is one of the leading digital asset banks in China, which consists of more than 100,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.cn\/ or ir.globalmofy.cn.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statement<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as \u201cmay,\u201d \u201cwill,\u201d \u201cintend,\u201d \u201cshould,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cproject,\u201d \u201cestimate\u201d or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company\u2019s statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company\u2019s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the \u201cRisk Factors\u201d section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company\u2019s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.<\/p>\n<p align=\"justify\">\n        <strong>For more information, please contact:<\/strong>\n      <\/p>\n<p align=\"justify\">Global Mofy AI Ltd.<br \/>Investor Relations Department<br \/>ir@mof-vfx.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNjM4MSM2ODk3OTQ4IzIyODUzMTE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZDQ0ZDY5OGUtOWY4Mi00ZmVmLWI1YmEtYjQ0MTBlOTVkNTFiLTEyOTY4NjEtMjAyNS0wNC0yMi1lbg==\/tiny\/GLOBAL-MOFY-AI-LIMITED.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEIJING, April 22, 2025 (GLOBE NEWSWIRE) &#8212; Global Mofy AI Limited (the \u201cCompany\u201d or \u201cGlobal Mofy\u201d) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced the successful closing of its previously announced private placement financing (the \u201cOffering\u201d) on April 22, 2025. In connection with the closing of the Offering, the Company issued an aggregate of 2,030,460 Class A ordinary shares, par value $0.00003 per share (each, a \u201cClass A Ordinary Share\u201d), and 2,030,460 warrants (each, a \u201cWarrant\u201d), each to purchase one Class A Ordinary Share at an initial exercise price of $2.36 per share, subject to reset and adjustment, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-839979","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEIJING, April 22, 2025 (GLOBE NEWSWIRE) &#8212; Global Mofy AI Limited (the \u201cCompany\u201d or \u201cGlobal Mofy\u201d) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced the successful closing of its previously announced private placement financing (the \u201cOffering\u201d) on April 22, 2025. In connection with the closing of the Offering, the Company issued an aggregate of 2,030,460 Class A ordinary shares, par value $0.00003 per share (each, a \u201cClass A Ordinary Share\u201d), and 2,030,460 warrants (each, a \u201cWarrant\u201d), each to purchase one Class A Ordinary Share at an initial exercise price of $2.36 per share, subject to reset and adjustment, &hellip; Continue reading &quot;Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-22T12:51:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNjM4MSM2ODk3OTQ4IzIyODUzMTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing\",\"datePublished\":\"2025-04-22T12:51:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\\\/\"},\"wordCount\":798,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQzNjM4MSM2ODk3OTQ4IzIyODUzMTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\\\/\",\"name\":\"Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing - 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In connection with the closing of the Offering, the Company issued an aggregate of 2,030,460 Class A ordinary shares, par value $0.00003 per share (each, a \u201cClass A Ordinary Share\u201d), and 2,030,460 warrants (each, a \u201cWarrant\u201d), each to purchase one Class A Ordinary Share at an initial exercise price of $2.36 per share, subject to reset and adjustment, &hellip; Continue reading \"Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-22T12:51:27+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNjM4MSM2ODk3OTQ4IzIyODUzMTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing","datePublished":"2025-04-22T12:51:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/"},"wordCount":798,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNjM4MSM2ODk3OTQ4IzIyODUzMTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/global-mofy-ai-limited-announces-closing-of-4-million-private-placement-financing\/","name":"Global Mofy AI Limited Announces Closing of $4 Million Private Placement Financing - 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