BEIJING, April 22, 2025 – Global Mofy AI Limited (Nasdaq: GMM), a provider of generative AI technology solutions focused on virtual content creation and 3D digital asset development for the broader digital content sector, announced today the successful completion of its previously announced private placement financing (the “Offering”) on April 22, 2025.

In conjunction with the Offering’s closing, the Company issued a total of 2,030,460 Class A ordinary shares, with a par value of $0.00003 each, and 2,030,460 warrants. Each warrant allows the holder to purchase one Class A Ordinary Share at an initial exercise price of $2.36 per share, which is subject to adjustments. These securities were issued according to the securities purchase agreement dated April 15, 2025, between the Company and the participating investors. The Warrants are immediately exercisable and will expire five years from the date of issuance.

The Company received approximately $4 million in gross proceeds from the Offering, before deducting standard fees and expenses. The net proceeds are expected to be used for general corporate purposes, including working capital, product development, and continued investment in the Company’s AI platforms, including the newly launched Gauss AI Lab.

“The successful completion of this financing strengthens our ability to innovate across our AI technology platforms,” stated Haogang Yang, CEO of Global Mofy. “This capital will support our strategic growth plans and accelerate our development efforts as we continue to advance next-generation digital content solutions and strengthen our position in the rapidly growing digital ecosystem.”

The securities mentioned above have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States without an effective registration statement or a applicable exemption from the Securities Act’s registration requirements. The Company has committed to filing a registration statement with the U.S. Securities and Exchange Commission (SEC) to cover the resale of the Class A Ordinary Shares and the Class A Ordinary Shares that may be issued upon exercising the Warrants issued in this Offering.

This press release is not an offer to sell or a solicitation of an offer to buy securities, nor shall any sale of these securities occur in any state or jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that state or jurisdiction.

About Global Mofy AI Limited

Global Mofy AI Limited (Nasdaq: GMM) is a generative AI-driven technology solutions provider that focuses on virtual content production and the development of digital assets for the digital content industry. The company utilizes its proprietary “Mofy Lab” technology platform, which integrates interactive 3D and artificial intelligence (“AI”) technology, to create high-definition virtual 3D versions of real-world objects, including characters, objects, scenes, and more. These digital assets can be used in various applications such as movies, TV series, AR/VR, animation, advertising, and gaming. Global Mofy is a leading digital asset bank in China, with a collection of over 100,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.cn/ or ir.globalmofy.cn.

Forward-Looking Statement

This press release includes forward-looking statements regarding plans, objectives, goals, strategies, future events, or performance, as well as underlying assumptions and other statements that are not statements of historical fact. Terms like “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions identify forward-looking statements. These forward-looking statements include statements about the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. These statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ significantly from the Company’s expectations. These risks include but are not limited to, market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. Investors should not place undue reliance on these forward-looking statements, which are subject to uncertainties and risks. Additional factors are available in the Company’s filings with the SEC at www.sec.gov. The Company does not undertake any obligation to update these forward-looking statements to reflect events or circumstances that occur after the date of this release.

For more information, please contact:

Global Mofy AI Ltd.
Investor Relations Department
ir@mof-vfx.com

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