BEIJING, Sept. 11, 2025 (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 the official launch of its new corporate website: www.globalmofy.ai. This transition reflects the Company’s ongoing global expansion strategy and its broader corporate initiative to deepen the integra ...

Core Insights - Global Mofy AI Limited has made a strategic investment in Wetruck AI, marking its first direct entry into the African market and aiming to enhance AI applications in under-digitized sectors [1][2][6] - The investment aligns with the ongoing digitalization of infrastructure in East Africa, where traditional freight systems face challenges that AI can address [2][6] - Global Mofy will actively influence Wetruck AI's development and technical architecture, leveraging its expertise to improve operational efficiency and scalability [3][6] Company Overview - Wetruck AI is a digital freight platform founded by an international team with expertise in logistics, data technology, and financial management [4] - The platform's initial product is a mobile application designed to modernize road transportation in East Africa, featuring intelligent capacity matching and real-time tracking [5] - Global Mofy aims to gain industry insights and enhance its technology delivery capabilities through this investment, reinforcing its competitive edge in AI solutions [6][7] Market Potential - East Africa is viewed as a promising market for AI integration in logistics, with significant opportunities for improving operational transparency and efficiency [2][7] - The digital freight sector is expected to benefit from advanced AI algorithms and data capabilities, positioning Wetruck AI to transform the logistics landscape in the region [5][6]

Core Viewpoint - Global Mofy AI Limited has announced a private placement of securities to raise approximately US$4 million for corporate purposes, including product development and expansion of its AI technology platforms [1][4]. Group 1: Securities Offering - The company will issue up to 2,030,460 Class A ordinary shares and 2,030,460 warrants, with a combined purchase price of US$1.97 per share and warrant, representing 101% of the Nasdaq Minimum Price [2]. - Each warrant will have an initial exercise price of US$2.36 per share, will be immediately exercisable, and will expire five years from issuance [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including working capital, product development, and the expansion of AI-powered technology platforms, particularly the Gauss AI Lab [4]. 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 [7]. - The company utilizes its proprietary "Mofy Lab" technology platform to create high-definition virtual versions of various physical objects, applicable in movies, TV series, AR/VR, animation, advertising, and gaming [7]. - Global Mofy is recognized as one of the leading digital asset banks in China, with over 100,000 high-precision 3D digital assets [7].