Global Mofy AI Ltd

Global Mofy AI Ltd (GMM) priced its initial public offering on Oct 11, 2023 at $5.00 per share, raising $6M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $135.6M. Prime Number was lead-left underwriter. Mourant, Ortoli Rosenstadt, Jiangsu Junjin Law Firm and Hunter Taubman Fischer & Li advised the company.

Global Mofy AI Ltd is a technology solutions provider for virtual content production, digital marketing and digital assets development for the metaverse industry. Its Mofy Lab platform uses 3D rebuilding and AI interaction technology to create high-definition virtual versions of physical objects.

Status

IPO

Ticker

GMM

Exchange

Nasdaq Capital Market

Priced

Oct 11, 2023

IPO price

$5.00

Raised

$6M

Market cap at IPO price

$135.6M

First filed

Nov 23, 2022

Underwriters

Prime Number

Company counsel

Mourant, Ortoli Rosenstadt, Jiangsu Junjin Law Firm and Hunter Taubman Fischer & Li

Sector

Technology

Country / state

China

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.