BEIJING, Dec. 12, 2024 — Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI technology solutions provider specializing in virtual content production and 3D digital asset development for the digital content industry, announced today that it received notification on December 11, 2024, from Nasdaq Stock Market LLC that it has regained compliance with the minimum bid price requirement (the “Minimum Bid Price Requirement”) outlined in Nasdaq Listing Rule 5550(a)(2).

Nasdaq had previously notified the Company on September 25, 2024, of its non-compliance due to its Class A ordinary shares failing to maintain a $1.00 minimum bid price for 30 consecutive business days. Regaining compliance required a minimum closing bid price of $1.00 or more for 10 consecutive trading days, a condition met between November 26, 2024, and December 10, 2024. Nasdaq has declared this matter closed.

About Global Mofy AI Limited
Global Mofy AI Limited (Nasdaq: GMM) provides generative AI-driven technology solutions for virtual content production and digital asset development within the digital content industry. Its proprietary “Mofy Lab” platform, incorporating interactive 3D and AI technology, generates high-definition 3D virtual representations of real-world objects, including characters, objects, and scenes. These digital assets find use in movies, TV series, AR/VR, animation, advertising, and gaming. Global Mofy Metaverse is a leading Chinese digital asset repository, housing over 100,000 high-precision 3D digital assets. For more information, visit www.globalmofy.cn/ or ir.globalmofy.cn.

Forward-Looking Statement
This release includes forward-looking statements regarding plans, objectives, goals, strategies, future events or performance, and underlying assumptions. Words like “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” and similar expressions (excluding historical facts) indicate forward-looking statements. These include statements about the Company’s expected share trading on Nasdaq and the offering’s closing. Such statements are not guarantees and involve risks and uncertainties potentially causing material differences from expectations. These uncertainties include market conditions and the successful completion of the initial public offering. Further details are in the “Risk Factors” section of the SEC registration statement. Investors shouldn’t over-rely on these forward-looking statements. Additional information is in the Company’s SEC filings (www.sec.gov). The Company won’t publicly revise these statements based on future events.

For more information, please contact:
Global Mofy AI Ltd.
Investor Relations Department
ir@mof-vfx.com