Core Viewpoint - Global Mofy AI Limited has successfully closed a private placement financing, raising approximately US$4.8 million to support its operations and growth in the generative AI-driven technology sector [1][3]. Group 1: Financing Details - The private placement was completed on December 18, 2025, with gross proceeds of about US$4.8 million before expenses [1]. - The company entered into securities purchase agreements on December 5, 2025, selling a total of 15,000,000 Class A ordinary shares at a price of US$0.31875 per share [2]. Group 2: Use of Proceeds - The net proceeds from the private placement 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 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 fields 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].
Global Mofy AI Limited Announces Closing of US$4.8 Million Private Placement Financing