GLOBAL MOFY AI LIMITED Announces $2.5 Million Private Placement Financing
Global Mofy AI Limited - Class A Ordinary Shares (GMM)
NASDAQ:AMEX Investor Relations:
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Source: GlobeNewswire
BEIJING, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the “Company” or “Global Mofy”) (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 that it has entered into a Securities Purchase Agreement (the “SPA”) with certain non-U.S. investors (each individually, a “Purchaser”, and collectively, the “Purchasers”). Pursuant to the SPA, the Company will sell and issue up to 5,000,000 units (each a “Unit”, and collectively, the “Units”) to the Purchasers in a private placement financing transaction (the “Offering”) at an offering price of $0.50 per unit. Each Unit consists of (i) one Class A ordinary share, par value $0.000002 per share (the “Class A Ordinary Share”) (or one pre-funded warrant to purchase one Class A Ordinary Share (the “Pre-Funded Warrant”)), (ii) two warrants, each exercisable for one Class A Ordinary
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News
- Global Mofy Awarded Membership in MIIT’s Industrial Brand Promotion Organization to Enhance AI Leadership and Brand CompetitivenessGlobeNewswire
- GLOBAL MOFY AI LIMITED Announces Closing of $2.5 Million Private Placement FinancingGlobeNewswire
- Global Mofy's Gausspeed Invited to NVIDIA Forum at CNCC2024 to Showcase Generative AI-Powered Visual ExperiencesGlobeNewswire
- Global Mofy Signed Strategic Cooperation Agreement with Lianyungang’s Haizhou High-Tech District, Strengthening Collaboration in AI and Digital EconomyGlobeNewswire
- Global Mofy AI Limited Announces Receipt of Notification from NasdaqGlobeNewswire