Global Mofy Metaverse Ltd

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

Global Mofy Metaverse 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, 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.

Global Mofy Metaverse Limited and ELLE CHINA, ELLE MEN CHINA Unite for a Dynamic Partnership, Redefining the Art of Advertising

Beijing, CHINA, Nov. 16, 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 has been accredited for the so-called “Leap Project” of iQIYI INC (“iQIYI”), a leading provider of online entertainment video services in China.

Global Mofy Metaverse Limited Accredited for iQIYI's Leap Project, Enters into Negotiation on Cooperation Agreement to Provide Visual Effect Services

Beijing, China, Nov. 08, 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 Prime Number Capital LLC, as underwriter of the Company's initial public offering (“IPO”), has exercised the over-allotment option to purchase an additional 40,000 Ordinary Shares at the IPO price of $5.00 per share. As a result, the Company has raised gross proceeds of $200,000, in addition to the previously announced IPO gross proceeds of approximately $6,000,000, before underwriting discounts and offering expenses.

Global Mofy Metaverse Limited Announces Exercise of the Underwriter's Over-Allotment Option

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Beijing, China, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “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 closing of its initial public offering (the "Offering") of 1,200,000 ordinary shares (the "Ordinary Shares") at a public offering price of $5.00 per share for total gross proceeds of $6,000,000, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters an option, within 45 days from the closing date of the Offering, to purchase up to an additional 180,000 Ordinary Shares at the public offering price, less underwriting discounts, to cover over-allotment, if any. The Offering closed on October 12, 2023 and the Ordinary Shares began trading on October 10, 2023 on The Nasdaq Capital Market under the ticker symbol "GMM".

Global Mofy Metaverse Limited Announces Closing of $6,000,000 Initial Public Offering

Beijing, China, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Global Mofy Metaverse Limited (the "Company" or “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 pricing of its initial public offering (the "Offering") of 1,200,000 ordinary shares (the "Ordinary Shares") at a public offering price of $5.00 per share for total gross proceeds of $6,000,000, before deducting underwriting discounts and offering expenses. The Ordinary Shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading on October 10, 2023, under the ticker symbol "GMM".

Global Mofy Metaverse Limited Announces Pricing of $6,000,000 Initial Public Offering

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News for Global Mofy Metaverse Ltd Stock (GMM)