- Global Mofy AI Limited (GMM, Financial) successfully secures $4 million through private placement financing.
- Proceeds to enhance corporate functions, AI platform development, and Gauss AI Lab.
- New funding involves issuing 2,030,460 Class A shares and warrants exercisable at $2.36 per share.
Global Mofy AI Limited (GMM), a key player in the development of AI-driven solutions and 3D digital assets, has completed a $4 million private placement financing on April 22, 2025. The company issued 2,030,460 Class A ordinary shares alongside an equivalent number of warrants, with each warrant allowing the holder to purchase one Class A Ordinary Share at an initial exercise price of $2.36, effective immediately and lasting for five years.
The proceeds from this financing round will be directed towards various corporate objectives. Key allocations include working capital, product enhancement, investment in AI-driven platforms, and the development of the newly launched Gauss AI Lab, indicating a focused investment into advancing AI capabilities. This strategic move is set to bolster Global Mofy’s position within the fast-evolving digital content ecosystem.
Further details confirmed that the company will file a registration statement with the U.S. Securities and Exchange Commission (SEC), covering the resale of Class A Ordinary Shares and those issuable upon warrant exercise. This step ensures compliance and provides a clear path for potential future trading.
Company CEO Haogang Yang stated, "The successful closing of this financing further strengthens our ability to deliver innovation across our AI-driven technology platforms. This capital will support our strategic growth initiatives and accelerate development efforts as we continue to advance next-generation digital content solutions and expand our position in the rapidly evolving digital ecosystem."
