Global Mofy AI Limited Announces $4 Million Private Placement Financing
Summary
The exercise price and the number of Class A Ordinary Shares issuable upon exercise of the Warrants are subject to adjustment pursuant to the terms of the Warrants.The Company intends to use the net proceeds from the Offering for general corporate purposes, including working capital, product development, and the continued expansion of its AI-powered technology platforms including investment in its recently announced Gauss AI Lab.The securities described above have not been registered under the Securities Act of 1933, as amended. Global Mofy has agreed to file a registration statement with the Securities and Exchange Commission (SEC) registering the resale of the Class A Ordinary Shares and Class A Ordinary Shares issuable upon the exercise of the Warrants.This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.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. The digital assets can be used in different applications, including movies, TV series, AR/VR, animation, advertising, gaming, and more. When the Company uses words such as may, will, intend, should, believe, expect, anticipate, project, estimate or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.For more information, please contact: