Global Mofy AI (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, sold at a combined price of $0.97 per share and accompanying warrants. Gross proceeds are expected to total approximately $8 million before fees and expenses.
The company stated 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. 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. For more details, the full press release is available at https://ibn.fm/vp8M2.
This capital raise is significant for Global Mofy AI as it seeks to strengthen its financial position and accelerate growth in the competitive generative AI and digital content market. The company's proprietary "Mofy Lab" technology platform utilizes interactive 3D and AI technology to create high-definition virtual versions of physical world objects, ranging from characters to scenes. These digital assets are used in various applications, including movies, TV series, AR/VR, animation, advertising, and gaming. Global Mofy Metaverse, one of China's leading digital asset banks, boasts more than 150,000 high-precision 3D digital assets.
The offering underscores the company's commitment to advancing its AI-driven solutions and expanding its infrastructure to meet growing demand for digital content. By securing additional funding, Global Mofy AI aims to enhance its product development efforts and maintain its competitive edge. Investors should note that the warrants accompanying the shares may provide additional capital if exercised, further supporting the company's growth initiatives.
This announcement comes at a time when generative AI technologies are increasingly adopted across industries, positioning Global Mofy AI to capitalize on emerging opportunities. The company's focus on virtual content production and 3D digital assets aligns with market trends toward immersive experiences and digital transformation. For more information about Global Mofy AI, visit www.globalmofy.ai or ir.globalmofy.cn.
