Articles from GLOBAL MOFY AI LIMITED

BEIJING, June 09, 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 that it has completed a strategic investment in WETRUCK TECHENABLE SOLUTIONS PLC (“Wetruck AI”), a digital freight platform headquartered in Ethiopia. This investment marks Global Mofy’s first direct market entry into Africa and represents a key strategic initiative to accelerate the industrial application of AI in high-growth, under-digitized sectors.

BEIJING, April 22, 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 successful closing of its previously announced private placement financing (the “Offering”) on April 22, 2025.

BEIJING, April 16, 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 that it has entered into securities purchase agreements (the “SPAs”) with certain investors for a private placement of its securities for gross proceeds of approximately US$4 million (the “Offering”).

BEIJING, March 24, 2025 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (Nasdaq: GMM) (“Global Mofy” or the “Company”), 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 launch of Gauss AI Lab, a fully integrated AI ecosystem that unifies the Company’s existing technologies, products, and research and development (“R&D”) efforts into a comprehensive AI-powered content solution.

BEIJING, March 19, 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 that the company has been invited to attend NVIDIA GTC 2025 (AI Conference for Developers) from March 17 to 21, 2025 in San Jose, California. Originally established as a premier event for GPU computing and accelerated computing, NVIDIA GTC has in recent years become one of the most influential global conferences in artificial intelligence, with a strong focus this year on smart cities, gaming, 3D modeling, and AI Agents. The event brings together top industry leaders, researchers, and innovators to showcase the latest advancements shaping the future of AI-driven technology. Global Mofy’s Chief Executive Officer, Haogang Yang, along with a team of senior executives, is participating in the event.

BEIJING, March 17, 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, is pleased to announce the official launch of its short drama brand, “Mofy Clip.” As part of this initiative, the Company recently participated as a co-producer with China Literature, a pioneer in China's online literature market, in a newly released short drama under China Literature’s short drama brand, Yuewen Short Drama, further solidifying its commitment to the fast-growing short drama market. Yuewen Short Drama is one of the leading short drama producers in China.

BEIJING, March 14, 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 that the Global Mofy (Beijing) Technology Co., Ltd. (“Global Mofy China”), our wholly-owned subsidiary, has been officially recognized as a Specialized, High-End and Innovation-Driven Small and Medium-Sized Enterprise by the Beijing Municipal Bureau of Economy and Information Technology.

BEIJING, Jan. 21, 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 that the Company’s CEO, Haogang Yang, has been honored with the prestigious “Best CEO” award at the 9th Zhitong Finance Capital Market Annual Conference and Listed Company Awards Ceremony, held in Shenzhen, China, on December 11, 2024.

BEIJING, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider specializing in virtual content production and 3D digital asset development, today announced its pivotal role in delivering the visual effects (VFX) for the internationally acclaimed fantasy-action television series Guardians of the Dafeng (大奉打更人).

- Total Revenue of $41.4 million, up 53.8% from the previous year, reflecting record high annual revenue in the Company’s history.- Gross Profit of $20.8 million and net income of $12.1 million, both reaching historical high, with a robust 50.3% gross margin.

BEIJING, Dec. 12, 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 today that on December 11, 2024, it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement (the “Minimum Bid Price Requirement”), as set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market.

BEIJING, Nov. 22, 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 resolved to effect a reverse stock split of the Company’s ordinary shares, with the split ratio set at 1-for-15. The reverse stock split was approved by the Company’s shareholders at a special meeting held on November 1, 2024. Global Mofy’s Class A ordinary shares will begin trading on an adjusted basis, reflecting the reverse stock split, on November 26, 2024, under the existing ticker symbol “GMM.” The new CUSIP number for the Company’s Class A ordinary shares will be G3937M114.

BEIJING, Nov. 12, 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, is pleased to announce that it has been awarded membership in the Industrial Brand Promotion Organization by the Industrial Culture Development Center of the Ministry of Industry and Information Technology （the “MIIT”）. This recognition highlights the Company’s commitment to advancing brand development within the industry and acknowledges its contributions to the digital content landscape.

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.

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.”

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.

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.

BEIJING, Sept. 27, 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 received a written notification (the "Notification Letter") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on September 25, 2024. The Notification Letter advised the Company that for the last 30 consecutive business days, the minimum closing bid price per share for the Company’s ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2).