Últimas noticias sobre Global Mofy AI (NASDAQ:GMM) Bolsa

SPDR S&P Emerging Markets ETF

Global Mofy Metaverse

Global Mofy AI Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry. It utilizes its proprietary Mofy Lab technology platform which consists of three-dimensional (3D) rebuilt technology and artificial intelligence (AI) interactive technology to create a 3D high-definition virtual version of a wide range of physical world objects such as human, animal, and scenes which can be used in different applications.

Global Mofy AI Limited (the "Company" or "Global Mofy") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced that it has completed a strategic investment in WETRUCK TECHENABLE SOLUTIONS PLC ("Wetruck AI"), a digital freight platform headquartered in Ethiopia. This investment marks Global Mofy's first direct market entry into Africa and represents a key strategic initiative to accelerate the industrial application of AI in high-growth, under-digitized sectors.
Africa, particularly the East African region, is undergoing a pivotal stage of infrastructure digitalization. As regional trade continues to grow and logistics demand increases, traditional road freight systems are increasingly challenged by inefficiencies and limited transparency. Global Mofy believes there is significant potential to improve these systems through AI-driven freight platform integration, process visibility, and intelligent capacity matching. The company views East Africa as a promising market for applying AI to enhance infrastructure operations and support the digital transformation of the real economy. Through this strategic investment, Global Mofy is also advancing the adoption of AI technologies in emerging markets and reinforcing its international presence.
As part of its international expansion strategy, and beyond capital investment, Global Mofy will play an active role in shaping Wetruck AI's development roadmap and technical architecture. The Company will leverage its expertise in AI and digital system design to support Wetruck AI's growth, operational efficiency, and platform scalability.

News

Global Mofy Completes Strategic Investment In Wetruck AI To Accelerate Industrial Application Of AI In High-Growth, Under-Digitized Sectors

<h3>Gainers</h3>
<ul>
<li>Intelligent Protection (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPM#NASDAQ">IPM</a>) shares rose 20.0% to $1.98 during Monday's regular session. The market value of their outstanding shares is at $18.2 million. </li>
<li>WiMi Hologram Cloud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIMI#NASDAQ">WIMI</a>) shares rose 18.57% to $4.98. The market value of their outstanding shares is at $48.9 million. </li>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) shares rose 17.16% to $0.86. The market value of their outstanding shares is at $12.2 million. </li>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) stock moved upwards by 14.11% to $1.94. The company's market cap stands at $5.6 million. </li>
<li>Baosheng Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAOS#NASDAQ">BAOS</a>) shares moved upwards by 10.0% to $1.87. The company's market cap stands at $2.8 million. </li>
<li>Blue Hat Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHAT#NASDAQ">BHAT</a>) shares moved upwards by 9.6% to $2.6. The market value of their outstanding shares is at $12.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>iOThree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOTR#NASDAQ">IOTR</a>) stock declined by 27.6% to $0.83 during Monday's regular session. The market value of their outstanding shares is at $21.3 million. </li>
<li>Treasure Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGL#NASDAQ">TGL</a>) stock decreased by 25.09% to $2.12. The market value of their outstanding shares is at $3.4 million. </li>
<li>Motorsport Games (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) stock decreased by 21.46% to $2.16. The market value of their outstanding shares is at $6.8 million. </li>
<li>Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) shares declined by 15.72% to $0.54. The company's market cap stands at $10.2 million. </li>
<li>AST SpaceMobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) stock decreased by 13.09% to $20.33. The market value of their outstanding shares is at $4.0 billion. </li>
<li>Newsmax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMAX#NYSE">NMAX</a>) shares decreased by 12.82% to $22.23. The company's market cap stands at $2.8 billion. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Monday's Intraday Session

Global Mofy AI Limited (the "Company" or "Global Mofy") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced that it has entered into securities purchase agreements (the "SPAs") with certain investors for a private placement of its securities for gross proceeds of approximately US$4 million (the "Offering").
Pursuant to the SPAs, the Company will issue and sell up to 2,030,460 Class A ordinary shares, par value US$0.00003 per share (the "Class A Ordinary Shares"), and 2,030,460 warrants, each to initially purchase one Class A Ordinary Share (the "Warrant"), at a combined purchase price of US$1.97 per Class A Ordinary Share and Warrant. This price represents 101% of the Nasdaq Minimum Price, as defined under Nasdaq Listing Rule 5635(d), based on the Nasdaq Official Closing Price (NOCP) on April 14, 2025.
Each Warrant will have an initial exercise price of US$2.36 per share, will be immediately exercisable upon issuance, and will expire five years from the date of issuance. The exercise price and the number of Class A Ordinary Shares issuable upon exercise of the Warrants are subject to adjustment pursuant to the terms of the Warrants.
The Company intends to use the net proceeds from the Offering for general corporate purposes, including working capital, product development, and the continued expansion of its AI-powered technology platforms — including investment in its recently announced Gauss AI Lab.

Offerings

Global Mofy AI Limited Announces $4M Private Placement Financing And Sell Up To 2,030,460 Class A Ordinary Shares, And 2,030,460 Warrants, Each To Initially Purchase One Class A Ordinary Share, At A Combined Purchase Price Of $1.97 Per Class A Ordinary Share

<h3>Gainers</h3>
<ul>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) stock rose 18.7% to $0.46 during Monday's regular session. The company's market cap stands at $6.5 million. </li>
<li>Surgepays (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SURG#NASDAQ">SURG</a>) shares moved upwards by 14.52% to $2.05. The market value of their outstanding shares is at $41.8 million. As per the news, the Q4 earnings report came out 4 days ago. </li>
<li>Moving iMage Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MITQ#AMEX">MITQ</a>) stock increased by 12.59% to $0.59. The company's market cap stands at $5.8 million. </li>
<li>Reading Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDI#NASDAQ">RDI</a>) shares increased by 10.39% to $1.38. The company's market cap stands at $30.9 million. As per the news, the Q4 earnings report came out today. </li>
<li>Treasure Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGL#NASDAQ">TGL</a>) shares rose 9.99% to $0.09. The market value of their outstanding shares is at $4.6 million. </li>
<li>Star Fashion Culture (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STFS#NASDAQ">STFS</a>) stock moved upwards by 8.37% to $1.02. The company's market cap stands at $12.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>TEN Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XHLD#NASDAQ">XHLD</a>) shares declined by 20.8% to $0.99 during Monday's regular session. The company's market cap stands at $27.9 million. </li>
<li>Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) shares decreased by 17.57% to $0.6. The market value of their outstanding shares is at $10.4 million. As per the news, the Q4 earnings report came out 2 days ago. </li>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) shares decreased by 16.39% to $3.25. The market value of their outstanding shares is at $9.5 million. </li>
<li>Snail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNAL#NASDAQ">SNAL</a>) shares declined by 15.37% to $0.88. The market value of their outstanding shares is at $32.5 million. The company's, Q4 earnings came out 3 days ago. </li>
<li>trivago (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRVG#NASDAQ">TRVG</a>) stock decreased by 12.06% to $4.16. The company's market cap stands at $290.9 million. </li>
<li>LZ Technology Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZMH#NASDAQ">LZMH</a>) shares fell 11.87% to $7.5. The company's market cap stands at $1.1 billion. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings

Global Mofy FY24 EPS $6.37 Up From $3.93 YoY; Revenue $41.4M Up From $27M YoY

Global Mofy Regains Nasdaq Compliance

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

The reverse stock split was approved by the Company's shareholders at a special meeting held on November 1, 2024.&nbsp;

Stock Split

Global Mofy AI Resolves To Effect Reverse Stock Split Of Ordinary Shares, With Split Ratio Set At 1-For-15, Effective On November 26, 2024

<h3>Gainers</h3>
<ul>
<li>Haoxi Health Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) stock moved upwards by 54.3% to $0.28 during Wednesday's pre-market session. The market value of their outstanding shares is at $10.0 million. As per the news, the FY earnings report came out yesterday. </li>
<li>Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) stock rose 20.14% to $98.21. The market value of their outstanding shares is at $16.2 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) shares rose 17.45% to $0.43. The market value of their outstanding shares is at $14.5 million. </li>
<li>Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares moved upwards by 10.74% to $12.06. The market value of their outstanding shares is at $20.0 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>LQR House (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQR#NASDAQ">LQR</a>) shares moved upwards by 8.52% to $0.8. The company's market cap stands at $4.3 million. </li>
<li>Anghami (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGH#NASDAQ">ANGH</a>) stock moved upwards by 8.21% to $0.82. The market value of their outstanding shares is at $54.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Thryv Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THRY#NASDAQ">THRY</a>) shares fell 14.1% to $15.75 during Wednesday's pre-market session. The company's market cap stands at $571.7 million. </li>
<li>Criteo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRTO#NASDAQ">CRTO</a>) stock decreased by 8.35% to $39.1. The market value of their outstanding shares is at $2.1 billion. As per the news, the Q3 earnings report came out today. </li>
<li>Trump Media &amp; Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares declined by 7.11% to $47.85. The market value of their outstanding shares is at $9.5 billion. </li>
<li>ZW Data Action Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNET#NASDAQ">CNET</a>) stock fell 6.71% to $2.06. The company's market cap stands at $4.4 million. </li>
<li>Kuke Music Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KUKE#NYSE">KUKE</a>) shares fell 6.51% to $0.9. The company's market cap stands at $35.5 million. </li>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) shares decreased by 6.48% to $0.63. The market value of their outstanding shares is at $8.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Wednesday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Haoxi Health Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) shares rose 53.7% to $0.28 during Wednesday's pre-market session. The company's market cap stands at $10.0 million. As per the press release, FY earnings came out yesterday. </li>
<li>Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares increased by 20.25% to $98.3. The company's market cap stands at $16.3 billion. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) shares moved upwards by 17.45% to $0.43. The market value of their outstanding shares is at $14.5 million. </li>
<li>Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares moved upwards by 10.83% to $12.07. The market value of their outstanding shares is at $20.0 billion. As per the press release, Q3 earnings came out yesterday. </li>
<li>LQR House (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQR#NASDAQ">LQR</a>) shares increased by 8.52% to $0.8. The company's market cap stands at $4.3 million. </li>
<li>Anghami (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGH#NASDAQ">ANGH</a>) shares rose 8.21% to $0.82. The market value of their outstanding shares is at $54.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Thryv Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THRY#NASDAQ">THRY</a>) stock decreased by 13.8% to $15.8 during Wednesday's pre-market session. The company's market cap stands at $573.5 million. </li>
<li>Criteo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRTO#NASDAQ">CRTO</a>) shares fell 8.35% to $39.1. The company's market cap stands at $2.1 billion. The company's, Q3 earnings came out today. </li>
<li>ZW Data Action Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNET#NASDAQ">CNET</a>) shares declined by 6.71% to $2.06. The company's market cap stands at $4.4 million. </li>
<li>Trump Media &amp; Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) stock decreased by 6.12% to $48.36. The market value of their outstanding shares is at $9.6 billion. </li>
<li>Blue Hat Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHAT#NASDAQ">BHAT</a>) shares fell 5.67% to $0.28. The market value of their outstanding shares is at $16.5 million. </li>
<li>Leafly Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFLY#NASDAQ">LFLY</a>) shares declined by 5.56% to $1.7. The market value of their outstanding shares is at $4.3 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Global Mofy AI shares are trading higher after the company announced it was invited to the NVIDIA forum at CNCC2024 to showcase its generative AI-powered visual experiences.

Global Mofy AI Limited (the "Company" or "Global Mofy") (NASDAQ:<a href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, announced that its generative AI product Gausspeed was invited to present and share technical insights at the dedicated NVIDIA forum during the 2024 China National Computer Congress (CNCC2024), held in Hengdian, Zhejiang from October 24-26. This year's CNCC2024 was themed "Empowering New Productivity, Shaping the Future of Computing."

Events

Global Mofy's Gausspeed Was Invited To NVIDIA Forum At CNCC2024 To Showcase Generative AI-Powered Visual Experiences; Shares See A Spike In Volume To The Upside

Global Mofy AI Limited (the "Company" or "Global Mofy") (NASDAQ:<a href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry. Recently, a delegation led by Chairman and CEO Mr. Haogang Yang engaged with local enterprises and government leaders, conducting an in-depth exploration of Lianyungang's digital economy, artificial intelligence, and cultural tourism resources. The visit resulted in the signing of a strategic cooperation framework agreement (the "Agreement") with Lianyungang's Haizhou High-Tech District, a district focused on supporting the broader digital economy and industries within.

Global Mofy Signs Strategic Cooperation Agreement With Lianyungang's Haizhou High-Tech District, Strengthening Collaboration In AI and Digital Economy

<h3>Gainers</h3>
<ul>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) stock moved upwards by 8.6% to $0.45 during Thursday's after-market session. The market value of their outstanding shares is at $12.7 million. </li>
<li>Lytus Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) shares moved upwards by 6.41% to $1.99. The company's market cap stands at $3.7 million. </li>
<li>Society Pass (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>) stock rose 5.0% to $1.0. The company's market cap stands at $3.1 million. </li>
<li>Haoxi Health Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) shares increased by 4.66% to $0.22. The market value of their outstanding shares is at $7.9 million. </li>
<li>Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) shares increased by 3.26% to $710.07. The market value of their outstanding shares is at $304.7 billion. The company's, Q3 earnings came out today. </li>
<li>Grupo Televisa (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TV#NYSE">TV</a>) stock increased by 2.8% to $2.45. The market value of their outstanding shares is at $1.3 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) stock declined by 7.5% to $3.45 during Thursday's after-market session. The company's market cap stands at $1.4 billion. </li>
<li>Paltalk (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PALT#NASDAQ">PALT</a>) shares decreased by 4.94% to $2.31. The market value of their outstanding shares is at $21.3 million. </li>
<li>Kuke Music Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KUKE#NYSE">KUKE</a>) shares decreased by 4.62% to $0.9. The company's market cap stands at $35.6 million. </li>
<li>Brera Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BREA#NASDAQ">BREA</a>) stock fell 3.91% to $0.96. The company's market cap stands at $12.8 million. </li>
<li>Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) shares fell 3.85% to $2.75. The company's market cap stands at $39.4 million. As per the press release, Q2 earnings came out 2 days ago. </li>
<li>LQR House (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQR#NASDAQ">LQR</a>) stock fell 3.81% to $0.5. The market value of their outstanding shares is at $2.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Thursday's After-Market Session

General

Global Mofy AI shares are trading higher after the company announced a $2.5 million private placement financing investment,

Global Mofy AI Limited (the "Company" or "Global Mofy") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced that it has entered into a Securities Purchase Agreement (the "SPA") with certain non-U.S. investors (each individually, a "Purchaser", and collectively, the "Purchasers"). Pursuant to the SPA, the Company will sell and issue up to 5,000,000 units (each a "Unit", and collectively, the "Units") to the Purchasers in a private placement financing transaction (the "Offering") at an offering price of $0.50 per unit. Each Unit consists of (i) one Class A ordinary share, par value $0.000002 per share (the "Class A Ordinary Share") (or one pre-funded warrant to purchase one Class A Ordinary Share (the "Pre-Funded Warrant")), (ii) two warrants, each exercisable for one Class A Ordinary Share at an exercise price of $3.00 per share (each a "Ordinary Warrant", and collectively, the "Ordinary Warrants"). The exercise price and number of Class A Ordinary Share issuable upon exercise of the Ordinary Warrants are subject to adjustment as described in the Ordinary Share Purchase Warrant. The Ordinary Warrants will be exercisable upon issuance and will have a term of 5 years from the issuance date. The gross proceeds of the Offering are expected to be approximately $2.5 million, before the deduction of customary expenses.
The Company intends to use the net proceeds from the Offering, together with the Company's existing cash, cash equivalents, and marketable securities, to provide financing for its generative AI platform, general research and development, administrative expenses, talent acquisition, and working capital needs.

GLOBAL MOFY AI LIMITED Announces $2.5M Private Placement Financing

<h3>Gainers</h3>
<ul>
<li>Direct Digital Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRCT#NASDAQ">DRCT</a>) stock increased by 22.1% to $2.92 during Friday's regular session. The company's market cap stands at $41.8 million. </li>
<li>Surgepays (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SURG#NASDAQ">SURG</a>) stock rose 15.08% to $2.06. The market value of their outstanding shares is at $40.6 million. </li>
<li>Able View Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABLV#NASDAQ">ABLV</a>) shares increased by 10.46% to $0.95. The company's market cap stands at $39.7 million. </li>
<li>Oriental Culture Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCG#NASDAQ">OCG</a>) shares rose 10.34% to $1.28. The company's market cap stands at $5.8 million. </li>
<li>Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) shares rose 8.97% to $3.28. The company's market cap stands at $1.4 billion. </li>
<li>Lee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEE#NASDAQ">LEE</a>) stock increased by 8.95% to $15.31. The company's market cap stands at $94.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>John Wiley &amp; Sons (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WLYB#NYSE">WLYB</a>) shares declined by 21.1% to $38.95 during Friday's regular session. The market value of their outstanding shares is at $2.1 billion. </li>
<li>Hanryu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRYU#NASDAQ">HRYU</a>) stock decreased by 10.73% to $0.21. The market value of their outstanding shares is at $11.0 million. </li>
<li>ZW Data Action Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNET#NASDAQ">CNET</a>) stock decreased by 9.5% to $2.06. The market value of their outstanding shares is at $3.7 million. </li>
<li>Reading Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDIB#NASDAQ">RDIB</a>) stock declined by 9.21% to $6.61. The company's market cap stands at $148.2 million. </li>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) shares fell 8.64% to $0.53. The market value of their outstanding shares is at $15.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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<h3>Gainers</h3>
<ul>
<li>Fangdd Network Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) stock moved upwards by 32.7% to $1.42 during Friday's pre-market session. The market value of their outstanding shares is at $9.1 million. </li>
<li>Antelope Ent Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHL#NASDAQ">AEHL</a>) stock rose 11.48% to $0.92. The market value of their outstanding shares is at $11.2 million. </li>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) stock increased by 8.68% to $0.31. The market value of their outstanding shares is at $4.4 million. </li>
<li>Blue Hat Interactive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BHAT#NASDAQ">BHAT</a>) shares rose 8.01% to $0.34. The company's market cap stands at $19.6 million. </li>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) shares moved upwards by 7.45% to $0.73. The company's market cap stands at $20.9 million. </li>
<li>WiMi Hologram Cloud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIMI#NASDAQ">WIMI</a>) stock rose 6.46% to $0.99. The company's market cap stands at $97.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>VS Media Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSME#NASDAQ">VSME</a>) shares fell 6.6% to $1.13 during Friday's pre-market session. The market value of their outstanding shares is at $3.6 million. </li>
<li>Haoxi Health Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) stock decreased by 4.88% to $0.41. The company's market cap stands at $14.7 million. </li>
<li>Sound Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOGP#NASDAQ">SOGP</a>) shares declined by 4.64% to $1.85. The company's market cap stands at $9.7 million. </li>
<li>Motorsport Games (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSGM#NASDAQ">MSGM</a>) stock fell 3.34% to $1.45. The company's market cap stands at $5.6 million. </li>
<li>Treasure Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGL#NASDAQ">TGL</a>) shares fell 3.13% to $1.24. The market value of their outstanding shares is at $2.3 million. </li>
<li>Skillz (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKLZ#NYSE">SKLZ</a>) shares decreased by 3.0% to $5.51. The company's market cap stands at $96.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AEHL

SKLZ

SOGP

VSME

12 Communication Services Stocks Moving In Friday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Scholastic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCHL#NASDAQ">SCHL</a>) stock rose 8.2% to $32.66 during Thursday's after-market session. The market value of their outstanding shares is at $922.3 million. The company's, Q1 earnings came out today. </li>
<li>Global Mofy AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) stock increased by 7.44% to $0.73. The market value of their outstanding shares is at $20.9 million. </li>
<li>MultiMetaVerse Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMV#NASDAQ">MMV</a>) shares moved upwards by 7.07% to $0.53. The market value of their outstanding shares is at $17.5 million. </li>
<li>Scienjoy Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SJ#NASDAQ">SJ</a>) shares rose 5.78% to $0.85. The market value of their outstanding shares is at $35.1 million. </li>
<li>Urban One (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UONE#NASDAQ">UONE</a>) stock rose 4.94% to $1.91. The market value of their outstanding shares is at $92.3 million. </li>
<li>Leafly Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFLY#NASDAQ">LFLY</a>) stock increased by 4.6% to $2.27. The company's market cap stands at $5.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Snail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNAL#NASDAQ">SNAL</a>) shares fell 12.5% to $0.7 during Thursday's after-market session. The company's market cap stands at $25.7 million. </li>
<li>Brera Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BREA#NASDAQ">BREA</a>) shares declined by 7.77% to $0.83. The market value of their outstanding shares is at $11.0 million. </li>
<li>Intelligent Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTJ#NASDAQ">INTJ</a>) shares declined by 4.77% to $1.0. The market value of their outstanding shares is at $13.1 million. </li>
<li>Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) shares fell 4.35% to $0.37. The market value of their outstanding shares is at $162.0 million. </li>
<li>Pop Culture Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPOP#NASDAQ">CPOP</a>) shares decreased by 4.1% to $1.17. The company's market cap stands at $17.4 million. </li>
<li>Fangdd Network Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) shares declined by 3.81% to $1.01. The market value of their outstanding shares is at $6.5 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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