Global Mofy Metaverse shares are trading higher after the company announced its subsidiary Global Mofy Technology entered into a LOI regarding the launch of a $69 million fund with strategic partners to foster growth opportunities in the AI digital economy and entertainment sectors.
Portfolio Pulse from Benzinga Newsdesk
Global Mofy Metaverse shares are trading higher after its subsidiary, Global Mofy Technology, announced a Letter of Intent (LOI) to launch a $69 million fund with strategic partners to foster growth in the AI digital economy and entertainment sectors.
July 02, 2024 | 12:13 pm
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Global Mofy Metaverse shares are trading higher following the announcement of a $69 million fund by its subsidiary to support growth in the AI digital economy and entertainment sectors.
The announcement of a significant $69 million fund to support growth in the AI digital economy and entertainment sectors is likely to boost investor confidence and drive the stock price higher in the short term.
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