Global Mofy AI Limited (NASDAQ: GMM), a generative AI-driven technology solutions provider focused on 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, priced at a combined $0.97 per share and warrant. Gross proceeds are expected to total approximately $8 million before fees and expenses.
The company 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. The offering is expected to close on or about May 26, 2026, subject to customary closing conditions, with D. Boral Capital serving as exclusive placement agent.
This capital raise is significant as it underscores Global Mofy AI's commitment to advancing its proprietary "Mofy Lab" technology platform, which combines interactive 3D and artificial intelligence to create high-definition virtual versions of physical world objects. These digital assets are used in a variety of applications, including movies, TV series, AR/VR, animation, advertising, and gaming. The company's digital asset bank, Global Mofy Metaverse, holds more than 150,000 high-precision 3D digital assets, positioning it as a leader in China's digital content industry.
The offering provides Global Mofy AI with the capital needed to enhance its competitive edge in the rapidly growing generative AI market. By investing in product development and infrastructure, the company aims to capture a larger share of the demand for virtual content production and 3D digital assets. For investors, this move signals potential growth and innovation, as the company leverages AI to transform how digital content is created and utilized across industries.
Interested parties can view the full press release at https://ibn.fm/vp8M2. More information about Global Mofy AI is available at www.globalmofy.ai or ir.globalmofy.cn.
