Global Mofy AI Ltd
NASDAQ:GMM
NASDAQ FSI:D. Deficient (Issuer failed to meet continued listing requirements)

  • LAST PRICE
    0.3850
  • TODAY'S CHANGE (%)
    -0.0175 (-4.3478%)
  • Bid / Lots
    0.3802/ 1
  • Ask / Lots
    0.3850/ 14
  • Open / Previous Close
    0.4025 / 0.4025
  • Day Range
    0.3750
    0.4100
  • 52 Week Range
    0.3172
    15.4000
  • Volume
    1,082,299

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  • Nov 6, 2024

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    • 4:30PM ET on Wednesday Nov 06, 2024 by Dow Jones
      Companies Mentioned: GMM

      GLOBAL MOFY AI LIMITED Announces Closing of $2.5 Million Private Placement Financing

      BEIJING, Nov. 06, 2024 (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 successful closing of its previously announced private placement financing (the "Offering") on October 31, 2024. In connection with the closing of the Offering, the Company issued an aggregate of 5,000,000 Class A ordinary shares, par value $0.000002 per share (each an "Class A Ordinary Share"), and 10,000,000 warrants (each a "Warrant"), each to purchase one Class A Ordinary Share at an exercise price of $3.00 per share, subject to adjustment, pursuant to the securities purchase agreement dated October 13, 2024, as amended on October 31, 2024, by and between the Company and each investor. The Warrants are exercisable upon issuance and will have a term of 5 years from the issuance date.

    • 4:30PM ET on Wednesday Nov 06, 2024 by Dow Jones
      Companies Mentioned: GMM

      GLOBAL MOFY AI LIMITED Announces Closing of $2.5 Million Private Placement Financing

      BEIJING, Nov. 06, 2024 (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 successful closing of its previously announced private placement financing (the "Offering") on October 31, 2024. In connection with the closing of the Offering, the Company issued an aggregate of 5,000,000 Class A ordinary shares, par value $0.000002 per share (each an "Class A Ordinary Share"), and 10,000,000 warrants (each a "Warrant"), each to purchase one Class A Ordinary Share at an exercise price of $3.00 per share, subject to adjustment, pursuant to the securities purchase agreement dated October 13, 2024, as amended on October 31, 2024, by and between the Company and each investor. The Warrants are exercisable upon issuance and will have a term of 5 years from the issuance date.

  • Oct 28, 2024

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    • 9:00AM ET on Monday Oct 28, 2024 by Dow Jones
      Companies Mentioned: GMM

      Global Mofy's Gausspeed Invited to NVIDIA Forum at CNCC2024 to Showcase Generative AI-Powered Visual Experiences

      BEIJING, Oct. 28, 2024 (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, announced that its generative AI product Gausspeed was invited to present and share technical insights at the dedicated NVIDIA forum during the 2024 China National Computer Congress (CNCC2024), held in Hengdian, Zhejiang from October 24-26. This year's CNCC2024 was themed "Empowering New Productivity, Shaping the Future of Computing."

  • Oct 23, 2024

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    • 9:00AM ET on Wednesday Oct 23, 2024 by Dow Jones
      Companies Mentioned: GMM

      Global Mofy Signed Strategic Cooperation Agreement with Lianyungang's Haizhou High-Tech District, Strengthening Collaboration in AI and Digital Economy

      BEIJING, Oct. 23, 2024 (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. Recently, a delegation led by Chairman and CEO Mr. Haogang Yang engaged with local enterprises and government leaders, conducting an in-depth exploration of Lianyungang's digital economy, artificial intelligence, and cultural tourism resources. The visit resulted in the signing of a strategic cooperation framework agreement (the "Agreement") with Lianyungang's Haizhou High-Tech District, a district focused on supporting the broader digital economy and industries within.

  • Oct 15, 2024

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    • 8:30AM ET on Tuesday Oct 15, 2024 by Dow Jones
      Companies Mentioned: GMM

      GLOBAL MOFY AI LIMITED Announces $2.5 Million Private Placement Financing

      BEIJING, Oct. 15, 2024 (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 that it has entered into a Securities Purchase Agreement (the "SPA") with certain non-U.S. investors (each individually, a "Purchaser", and collectively, the "Purchasers"). Pursuant to the SPA, the Company will sell and issue up to 5,000,000 units (each a "Unit", and collectively, the "Units") to the Purchasers in a private placement financing transaction (the "Offering") at an offering price of $0.50 per unit. Each Unit consists of (i) one Class A ordinary share, par value $0.000002 per share (the "Class A Ordinary Share") (or one pre-funded warrant to purchase one Class A Ordinary Share (the "Pre-Funded Warrant")), (ii) two warrants, each exercisable for one Class A Ordinary Share at an exercise price of $3.00 per share (each a "Ordinary Warrant", and collectively, the "Ordinary Warrants"). The exercise price and number of Class A Ordinary Share issuable upon exercise of the Ordinary Warrants are subject to adjustment as described in the Ordinary Share Purchase Warrant. The Ordinary Warrants will be exercisable upon issuance and will have a term of 5 years from the issuance date. The gross proceeds of the Offering are expected to be approximately $2.5 million, before the deduction of customary expenses.

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