Global Mofy AI (GMM) entered into securities purchase agreements for a $4.8M private placement of its Class A ordinary shares.
Investors will purchase 15M Class A shares at a price of $0.31875 per share.
The company plans to use the net proceeds for general corporate purposes, including working capital, product development, and expansion of its AI technology platforms.
Investors will purchase 15M Class A shares at a price of $0.31875 per share.
The company plans to use the net proceeds for general corporate purposes, including working capital, product development, and expansion of its AI technology platforms.
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