Global Mofy Metaverse Ltd

SPEM tracks an index of emerging markets companies weighted by market cap.

Global Mofy AI Ltd. is a holding company, which engages in technology development, technical services, and software development. It creates three-dimensional virtual versions of a wide range of physical world objects such as characters, objects, and scenes which can be used in different applications such as movies, television series, AR/VR, animation, adverting, and gaming. The company was founded by Haogang Yang on September 29, 2021 and is headquartered in Beijing, China.

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.

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

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.”

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

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).

Global Mofy AI Limited Announces Receipt of Notification from Nasdaq

BEIJING, Sept. 17, 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 its successful participation in the esteemed "Discover Beautiful China in Huzhou" university talent recruitment event held in Ningxia, China. Representatives from both the Global Mofy Beijing Office and the Century Mofy Vocational Education Institute attended the event.

Global Mofy Showcases Generative AI Innovations at Major Recruitment Event in Ningxia and Attracts Emerging Talent

Global Mofy CEO Haogang Yang participated in SIGGRAPH 2024, exploring NVIDIA's AI advancements and showcasing Gausspeed's integration with NVIDIA technolog

Global Mofy CEO Invited by NVIDIA China to Engage with Industry Leaders at SIGGRAPH 2024

Company to Host Investor Call on Tuesday, July 23, 2024, at 8.30 am ET Company to Host Investor Call on Tuesday, July 23, 2024, at 8.30 am ET

Global Mofy Reports YoY $9.8 million Increase in Net Income for the Six Months Ended March 31, 2024

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BEIJING, May 08, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in the broader digital entertainment industry, is leveraging generative AI to transform professional film production with its proprietary platform, Gausspeed, developed by its wholly-owned subsidiary, Gauss AI, in collaboration with Heartdub, a U.S.-based leader in physical simulation technology. Built on the OpenUSD framework and deeply integrated with the NVIDIA Omniverse Cloud API, Gausspeed revolutionizes film production by offering advanced previsualization and content generation capabilities.

Global Mofy Metaverse Pioneers the "Next Generation" of Content Creation with Gausspeed

Global Mofy Metaverse (NASDAQ: GMM ) stock is rocketing higher on Tuesday after the company announced a collaboration with Heartdub. Heartdub is a provider of physical simulation technology and will work alongside Global Mofy Metaverse subsidiary Gauss AI.

Why Is Global Mofy Metaverse (GMM) Stock Up 52% Today?

BEIJING, April 24, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and digital asset development for the broader digital entertainment industry, today announced it has signed a new agreement to provide virtual technology services to one of China's leading content creators. Under the agreement, Global Mofy's proprietary digital asset development platform and software ecosystem, Mofy Lab, will be used to facilitate the production of intricate scenes requiring substantial virtual scene construction for an upcoming television program.

One of China's Leading Content Creators Selects Global Mofy for Upcoming TV Show

BEIJING, April 11, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and digital asset development for the broader digital entertainment industry, today announced its strategic decision to officially adopt OpenUSD as the standard for digital asset development. The adoption and utilization of this open and dynamic ecosystem for describing, composing, simulating, and collaborating within 3D environments is endorsed by industry leaders worldwide, including NVIDIA, Meta, Autodesk, and others.

Alert: Global Mofy Officially Adopts OpenUSD as Digital Asset Development Standard

BEIJING, April 02, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in the broader digital entertainment industry, was featured at China's 2024 Fashion Week held in Beijing. In a keynote speech, Tiansheng Liu, Global Mofy's East China Headquarters Chief Operating Officer highlighted how the Company is facilitating its clients' exploration of the intersection of fashion, AI, and the Metaverse, aiming for integration as they pursue sustainable growth, higher brand awareness, and increased customer satisfaction.

Global Mofy Featured at China's 2024 Fashion Week; Highlights Convergence of Digitized Fashion, AI and the Metaverse

BEIJING, March 25, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in the broader digital entertainment industry, today revealed that three-way strategic cooperation discussions were initiated with a senior professor from a renowned medical university in Beijing and his director team of its affiliated hospital, as well as the Metaverse Committee of the Beijing Big Data Association. The goal is to combine Metaverse and AI technologies with traditional Chinese and Western healing methods.

Global Mofy Metaverse Explores Partnership to Integrate Metaverse and AI Technology with Traditional Chinese and Western Therapeutic Practices

BEIJING, March 11, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in the broader digital entertainment industry, today announced the establishment of a new subsidiary, Gauss AI, which will focus on the monetization of artificial intelligence generated content (AIGC), AI-generated 3D digital assets and synthetic video content creation. The Company's strong belief that it will be successful in these rapidly expanding markets stems from its extensive digital asset library and database, along with its strong track record of innovation and technological advancement.

Global Mofy Metaverse Announces New Subsidiary for AI Technology Monetization and Synthetic Video Content Creation

BEIJING, March 04, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (Nasdaq: GMM), a technology solutions provider engaged in virtual content production and the development of digital assets for use in digital entertainment industry, today announced a major new customer order. Under the contract, the Company will provide 3D digital asset licensing, virtual technology production, as well as other related services.

Global Mofy Metaverse Wins Major New Customer Order

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Company to Host Earnings Conference Call on Tuesday, February 1, 2024, at 8.30 am ET - Record Revenues of $26.9 million, up 56.4% from year ago, the highest revenue in company's history- Gross profit and net income both reached historical high of $14.5 million and $6.6 million, respectively; with a 54% gross margin BEIJING , Jan. 31, 2024 /PRNewswire/ -- Global Mofy Metaverse Limited (the "Company" or "Global Mofy Metaverse") (NASDAQ: GMM), a technology solutions provider engaged in virtual content production and digital assets development for the metaverse industry, today reported its financial results for the fiscal year ended September 30, 2023. Fiscal Year 2023 Financial Highlights: Total revenues increased by $9.7 million or 56.4%, from $17.2 million for FY 2022, to $26.9 million for FY 2023.

Global Mofy Metaverse Reports Record 2023 Financial Year Results

Beijing, CHINA, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, announced its strategic investment in MERAEDU, marking its entrance into the vocational education sector. The RMB 8 million funding round was led by the Anji County Government Industrial Guidance Fund, with Global Mofy Metaverse as a co-investor.

Global Mofy Metaverse Limited Announces Strategic Investment in MERAEDU, Ushering New Era for Vocational Education

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Beijing, CHINA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced the registration of its subsidiary, Global Mofy Technology LLC, in California, the United States, aiming to expand its virtual content production business overseas, and to delve into the overseas short drama markets.

Global Mofy Metaverse Limited Sets Up Subsidiary in California, USA to Expand Global Presence and Venture into Hollywood's Digital Entertainment Market

Beijing, CHINA, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced that it closed its previously announced follow-on offering of $10 million of ordinary shares, par value $0.000002 per share (the "Ordinary Shares") and accompanying warrants at a price of $7.25 per share and accompanying warrants. In this institutional placement, the Company issued a total of 1,379,313 Ordinary Shares and common warrants ("Common Warrants") for the purchase of up to 2,068,970 Ordinary Shares at an exercise price of $8.00 per share to two institutional investors, which Common Warrants have a term of three years from the date of issuance. The net proceeds to the Company from this offering are approximately $8.9 million, after deducting placement agent fees and other estimated offering expenses.

Global Mofy Metaverse Limited Announces the Closing of $10 Million Follow-on Offering

Beijing, CHINA, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced that it has entered into certain securities purchase agreements with two institutional investors for a follow-on offering of $10 million of ordinary shares, par value $0.000002 per share (the "Ordinary Shares") and accompanying warrants at a price of $7.25 per share and accompanying warrants. In this institutional placement, the Company will issue a total of 1,379,313 Ordinary Shares and common warrants ("Common Warrants") for the purchase of up to 2,068,970 Ordinary Shares at an exercise price of $8.00 per share, which Common Warrants will have a term of three years from the date of issuance.

Global Mofy Metaverse Limited Announces $10 Million Follow-on Offering

- Jointly Support Growth of Promising Chinese Young Directors and Sci-Fi Films Beijing, CHINA, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced the success of "The Future Handbook," an artificial intelligence-themed short film series produced in collaboration with bilibili. This collection of multi-universe sci-fi films is directed by promising young directors, exploring the captivating domain of AI.

Global Mofy Metaverse Limited together with China's leading video platform Present AI-themed Short Film Series

Beijing, CHINA, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced that the Company has been honored with the prestigious "Most Valuable Investment Chinese Concept Stock" award at the 8th Zhitong Finance Capital Market Annual Conference and Listed Company Awards Ceremony, held in Shenzhen, China on December 6, 2023.

Global Mofy Metaverse Limited Receives "Most Valuable Investment Chinese Concept Stock" Award

Beijing, CHINA, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced the Company and ELLE CHINA, ELLE MEN CHINA have forged a long-term partnership, embarking on an eagerly anticipated collaboration that promises mutual promotional benefits and an array of exciting projects in the realm of advertising and beyond.

News for Global Mofy Metaverse Ltd Stock (GMM)