-
Mourinho blasts 'shameless' timing of Vinicius ban decision
-
PSG 'got lucky' to win Man City thriller, says Luis Enrique
-
PSG beat Man City in Champions League thriller, Barcola hits Liverpool hat-trick
-
Real Madrid comeback stuns Roma as Mourinho enjoys happy reunion
-
US Treasury chief urges stronger IMF role against 'distortionary policies'
-
Shakhtar make winning start at new Champions League 'home'
-
Giant-killers Bodo sink Dortmund in Champions League
-
Hat-trick hero Barcola primed to shine for Liverpool: Iraola
-
PSG outgun embattled Man City in six-goal Champions League thriller
-
Villa put six past Fenerbahce in record rout
-
In Chicago, pope's hometown, Catholics express shock and support
-
US stocks fall after hot inflation report as leading AI shares tumble
-
Musk suggests US govt behind any slowdown in Ukraine's Starshield system
-
Government buildings torched in violent Albanian protests
-
Chiclayo prays for recovery and return of the 'Peruvian pope'
-
Wall Street grills Bank of America over money laundering fine
-
Barcola scores hat-trick as Liverpool hit LASK for six
-
Mekies extends contract as Red Bull team principal until 2031
-
Healthy corals help bleached neighbors regain color: study
-
Indonesia rescues starved orangutan from fires: officials
-
Hope ton helps West Indies level T20 series at 2-2 in India
-
Real Madrid's Vinicius banned for Clasico after red card
-
Ukraine war reaches shores of Bulgarian fishing village
-
Restrictions expose Ukraine's Starlink dependency in Russia war: observers
-
Brazil probing 'criminal' origin of forest fires: minister to AFP
-
Espada out as Astros manager while Mattingly stays with Phillies
-
Sally Rooney books cannot be sold in UK amid Palestine Action ban: publisher
-
Houthis say targeted Saudi oil giant Aramco, vow more attacks
-
Italian ski stars Goggia and Brignone to miss season opener
-
Govt takes control of Turkey's most-watched news channel
-
Bournemouth boss Rose urges Cherries to bounce back from Chelsea 'slap'
-
FIFA to offer members $6.35-billion development fund windfall
-
Top seed Sabalenka falls at first hurdle in Wuhan
-
US consumer inflation hotter than expected as midterms loom
-
FX Junction Brings Copy Trading to Everyone, While Their Money Never Leaves With Their Broker
-
INmune Bio Inc. and Quantum Computing Inc. Partner to Apply Quantum Optimization and AI to Advance Alzheimer’s Drug Research and Explore New Applications for XPro
-
Brighton defender Struijk's red card overturned
-
Hot US inflation data dents Wall Street stocks
-
Saudi league postpones three matches after Houthi attacks
-
India sends 'cockroach' leaders to jail after protest
-
US consumer inflation up more than expected as midterms loom
-
'Sinners' director Ryan Coogler to reboot 'X-Files' for Disney
-
Canadian publisher supports novelist Orelien after AI denial
-
Lufthansa wins contest for TAP Air Portugal stake
-
Medvedev sees off Tsitsipas to reach Shanghai Masters quarters
-
AI worms, 'major' incident fears spur safety calls at industry summit
-
Louvre boss warns of closure risk without major renovations
-
Fuel shortage triggers queues on Indonesia's Bali island
-
Lawes and Genge urge England to end ban on overseas-based players
-
Evolution Metals & Technologies Corp. Reaffirms $400 Million to $460 Million FY2027 Revenue Guidance, Unveils Eight Sintered Magnet Grades Covering an Estimated 75% of Global NdFeB Revenue, and Moves to Answer U.S. Army Call for Rare Earth Magnets
D. Boral Capital Acted as Exclusive Placement Agent to Global Mofy AI Limited (Nasdaq: GMM) in Connection with its ~$8,000,000 Registered Direct Offering
NEW YORK, NY / ACCESS Newswire / May 29, 2026 / On May 26, 2026, 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, announced the closing of its previously announced registered direct offering (the "Offering") of (i) 8,247,420 Class A ordinary shares, par value US$0.00003 each, of the Company ("Class A Ordinary Shares"), (ii) 8,247,420 Series A warrants to purchase up to 8,247,420 Class A Ordinary Shares ("Series A Warrants"), and (iii) 8,247,420 Series B warrants to purchase up to 8,247,420 Class A Ordinary Shares ("Series B Warrants," together with the Series A Warrants, the "Warrants"), at an offering price of US$0.97 per Class A Ordinary Share and accompanying Warrants. The gross proceeds to the Company from the Offering were approximately US$8 million, before deducting placement agent fees and other offering expenses.
The Company intends to use the net proceeds from the Offering for general corporate purposes, which may include working capital, product development, and the continued build-out and expansion of its AI-powered technology platforms and related infrastructure.
D. Boral Capital acted as the exclusive placement agent for the Offering. Ortoli Rosenstadt LLP acted as U.S. securities counsel to the Company, and Loeb & Loeb LLP acted as U.S. securities counsel to the placement agent, in connection with the Offering.
The securities described above were offered by the Company pursuant to a shelf registration statement on Form F-3, as amended, including a base prospectus, previously filed with the Securities and Exchange Commission (the "SEC") on March 6, 2026, and declared effective by the SEC on March 18, 2026. The Class A ordinary shares and accompanying warrants were offered only by means of a prospectus supplement and accompanying base prospectus forming a part of the effective registration statement. A prospectus supplement and accompanying prospectus relating to, and describing the terms of, the Offering were filed with the SEC and are available for free on the SEC's website at www.sec.gov. Electronic copies of the prospectus supplement and accompanying prospectus may also be obtained by contacting D. Boral Capital LLC, 590 Madison Avenue, New York, NY 10022, by telephone at +1 (212) 970-5150, or by email at [email protected].
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Global Mofy AI Limited
Global Mofy AI Limited (Nasdaq:GMM) is a generative AI-driven technology solutions provider engaged in virtual content production, and the development of digital assets for the digital content industry. Utilizing its proprietary "Mofy Lab" technology platform, which consists of interactive 3D and artificial intelligence ("AI") technology, the Company creates high-definition virtual versions of a wide range of physical world objects in 3D ranging from characters, objects to scenes and more. The digital assets can be used in different applications, including movies, TV series, AR/VR, animation, advertising, gaming, and more. Global Mofy Metaverse is one of the leading digital asset banks in China, which consists of more than 150,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.ai or ir.globalmofy.cn.
About D. Boral Capital
D. Boral Capital LLC is a premier, relationship-driven global investment bank headquartered in New York. The firm is dedicated to delivering exceptional strategic advisory and tailored financial solutions to middle-market and emerging growth companies. With a proven track record, D. Boral Capital provides expert guidance to clients across diverse sectors worldwide, leveraging access to capital from key markets, including the United States, Asia, Europe, the Middle East, and Latin America.
A recognized leader on Wall Street, D. Boral Capital has successfully aggregated approximately $35 billion in capital since its inception in 2020, executing ~400 transactions across a broad range of investment banking products.
Forward Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, our ability to keep pace with new technology and changing market needs, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
D. Boral Capital LLC
Email: [email protected]
Telephone: +1 (212) 970-5150
SOURCE: D. Boral Capital LLC
View the original press release on ACCESS Newswire
E.Rodriguez--AT