StockWatch
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Computer Software: Programming, Data Processing
InvestmentMay 22, 2026, 09:02 AM

Global Mofy AI Prices $8M Registered Direct Offering

AI Summary

Global Mofy AI Ltd announced the pricing of its registered direct offering, which includes 8,247,420 Class A ordinary shares and an equal number of Series A and Series B warrants. The offering price is $0.97 per share and accompanying warrants, generating approximately US$8 million in gross proceeds. The company intends to use the net proceeds for general corporate purposes, including working capital, product development, and expanding its AI-powered technology platforms and infrastructure.

Key Highlights

  • Global Mofy AI priced a registered direct offering of 8,247,420 Class A ordinary shares.
  • The offering also includes 8,247,420 Series A warrants and 8,247,420 Series B warrants.
  • The offering price is $0.97 per Class A Ordinary Share and accompanying Warrants.
  • Total gross proceeds from the offering are approximately US$8 million.
  • Net proceeds will be used for general corporate purposes, including working capital and product development.
  • Funds will also support the expansion of AI-powered technology platforms and infrastructure.
  • The offering is expected to close on or about May 26, 2026.
  • D. Boral Capital is acting as the exclusive placement agent for the offering.