TechMediaBreaks – Global Mofy AI Limited (NASDAQ: GMM) Prices $8 Million Registered Direct Offering
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 consisting of 8,247,420 Class A ordinary shares and accompanying Series A and Series B warrants. The securities are being offered at a combined price of $0.97 per share and accompanying warrants, with gross proceeds expected to total approximately $8 million before fees and expenses. The company said 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…