Global Mofy AI Limited (NASDAQ: GMM) completed a registered direct offering that raised approximately $8 million in gross proceeds on May 26, 2026.

The AI technology solutions provider sold 8.2 million Class A ordinary shares at $0.97 per share, along with accompanying warrants. Each share purchase included one Series A warrant and one Series B warrant, both exercisable to purchase additional Class A ordinary shares.

D. Boral Capital served as the exclusive placement agent for the transaction. The company plans to use net proceeds for general corporate purposes, including working capital, product development, and expansion of its AI-powered technology platforms.

Global Mofy AI develops virtual content production technology and 3D digital assets through its proprietary "Mofy Lab" platform. The company creates high-definition virtual versions of physical objects for use in movies, television, augmented reality, virtual reality, animation, advertising and gaming applications.

The securities were offered under a shelf registration statement filed with the Securities and Exchange Commission on March 6, 2026, which became effective March 18, 2026. Ortoli Rosenstadt LLP acted as U.S. securities counsel to Global Mofy AI, while Loeb & Loeb LLP served as counsel to the placement agent.

Global Mofy AI operates what it describes as one of the leading digital asset banks in China, containing more than 150,000 high-precision 3D digital assets, according to the company's statement.