IRVINE,
Calif., Oct. 17, 2023 /PRNewswire/ -- Global Mofy
Metaverse Limited, has successfully listed on NASDAQ, which is
the first Chinese company to be successfully listed on Nasdaq after
the implementation of the China Securities Regulatory Commission's
new rules for overseas listing filing..
In connection with its initial public offering Global Mofy
Metaverse Limited sold 1,200,00 ordinary shares at $5 per share is expected to receive gross
proceeds of $6 million, before
deducting underwriting discounts and offering expense. Ticker
symbol "GMM". On the opening day, the highest price of GMM reached
$6.10 on a volume of 3,842,340 for
the day. The company has granted the underwriters an option to
purchase up to an additional 180,000 shares of common stock at the
public offering price. Subject to customary closing conditions,
Global Mofy Metaverse Limited expects the public offering to close
on October 12, 2023 EST.
Founded in 2017 and headquartered in Beijing, Global Mofy Metaverse Limited is
mainly engaged in virtual content production, digital marketing and
digital asset development in the metaverse industry. With the
continuous development in the field of virtual technology and
digitalization, Global Mofy Metaverse is expected to further expand
its market share through the US stock listing, and use the raised
funds to invest more in technology research and development and
market integration, so as to continue to improve its revenue and
profitability, and set off the beginning of a new round of
explosive growth.
Jun Liu, President, Chairman of
the Board and Chief Executive Officer of ATIF, said, "We are
excited to participate in the listing of Global Mofy Metaverse. As
Global Mofy Metaverse's consultant, I look forward to seeing Global
Mofy Metaverse achieve growth through this IPO and complete its
ambitious expansion plans. The choice of listing is an important
symbol that Global Mofy Metaverse and Chinese companies have
achieved zero breakthrough after the new filing rules, which
indicates that Global Mofy Metaverse will have greater development
prospects and continuous growth sources in the future. It also lays
a solid foundation for its further international development."
About ATIF
ATIF Holdings Limited (NASDAQ: ATIF) is a Lake Forest-based business consulting company
that specializes in providing professional IPO, M&A advisory
and post-IPO compliance services to small and medium-sized
companies seeking to go public on a stock exchange in the United States. The company has a proven
track record in successfully delivering comprehensive U.S. IPO
consulting services to clients primarily in the United States but also internationally.
The mission of ATIF is to provide one-stop, comprehensive
consulting services that guide clients through the complex and
often challenging process of going public. ATIF recognizes the
complexity and challenges associated with the process of going
public, and endeavors to simplify it while ensuring optimal
outcomes for its clients through its comprehensive consulting
services. ATIF has been awarded the "Golden Bauhinia Award", the
highest award in the financial and securities industry in
Hong Kong, for "Top 10 Best Listed
Companies".
Forward-Looking Statements
Certain statements in this press release are "forward-looking
statements" within the meaning of the "safe Harbor" provisions of
the United States Private Securities Litigation Reform Act of 1995.
When used in this press release, "estimated," "projected," Words
such as "expect", "anticipate", "predict", "plan", "intend",
"believe", "seek", "may", "will", "should", "future", "propose" and
variations of these words or similar expressions (or the opposite
of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements do not
guarantee future performance, conditions or results and involve a
number of known and unknown risks, uncertainties, assumptions and
other important factors, many of which are outside the Company's
control and may cause actual results or achievements to differ
materially from those discussed in the forward-looking statements.
Important factors include future financial and operating results,
including revenues, income, expenses, cash balances and other
financial items; Ability to manage growth and expansion; Current
and future economic and political conditions; The ability to
compete in industries with low barriers to entry; The ability to
obtain additional financing to fund capital expenditure in the
future. Ability to attract new customers and further enhance brand
awareness; Ability to hire and retain qualified management and key
staff; Trends and competition in the financial advisory services
industry; Pandemic or epidemic disease; Except as required by law,
the Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations. Although the Company believes that
the expectations expressed in these forward-looking statements are
reasonable, the Company cannot assure you that such expectations
will turn out to be correct, and the Company cautions you that
actual results may differ materially from the expected results
expressed or implied by the forward-looking statements we make. You
should not interpret forward-looking statements as predictions of
future events. Forward-looking statements represent only the
beliefs and assumptions of our management as of the date such
statements are made. The above forward-looking statements are made
as of the date of this press release.
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SOURCE ATIF Holdings Limited