Global Mofy AI Limited Announces US$4.8 Million Private Placement Financing

Core Viewpoint - Global Mofy AI Limited has announced a private placement of securities, aiming to raise approximately US$4.8 million to support its operations and technology development [1][3]. Group 1: Securities Offering - The company has entered into securities purchase agreements with investors for the purchase of 15,000,000 Class A ordinary shares at a price of US$0.31875 per share [2]. - The offering is expected to close upon meeting customary closing conditions outlined in the SPAs [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes, including working capital, product development, and the expansion of AI-powered technology platforms [3]. Group 3: Company Overview - Global Mofy AI Limited is a generative AI-driven technology solutions provider focused on virtual content production and the development of 3D digital assets for the digital content industry [6]. - The company operates the "Mofy Lab" technology platform, which creates high-definition 3D digital assets applicable in various sectors such as movies, TV series, AR/VR, animation, advertising, and gaming [6]. - Global Mofy is recognized as one of the leading digital asset banks in China, boasting over 100,000 high-precision 3D digital assets [6].