US Stock Market Move | Awarded "Member Unit of Industrial Brand Construction Promotion Organization" Global Mofy Metaverse Ltd.AI(GMM.US) rose nearly 19%.

On November 18 (Monday), Global Mofy Metaverse Ltd.AI(GMM.US) closed up 18.71% at $0.284. In terms of news, on November 12, Global Mofy Metaverse Ltd. announced that the company has been awarded the title of "Member Unit Promoting Industrial Brand Building" by the Industrial Culture Development Center of the Ministry of Industry and Information Technology. This honor not only demonstrates the company's firm determination to promote industry brand development, but also reflects its significant contributions in the field of digital content. Global Mofy Metaverse Ltd. is a digital content operator driven by generative AI technology, focusing on virtual content production and 3D digital asset development business. Furthermore, Global Mofy Metaverse Ltd. announced earlier that it has completed a $2.5 million private placement financing. The company also underwent significant structural reforms by revising and restating its organizational bylaws and charter for the third time, improving its operational flexibility. The company's authorized capital is $1.02 million, allowing it to issue various types of stocks and expand its capital structure as needed. This move enables the company to have potential adaptability in the competitive global market.