424B51f424b51223_globalmofy.htmPROSPECTUS FiledpursuanttoRule424(b)(5)RegistrationNo.333-276277 GlobalMofyMetaverseLimited Upto1,379,313OrdinaryShares WarrantstoPurchaseupto2,068,970OrdinarySharesandupto2,068,970OrdinarySharesissuableupontheexerciseoftheWarrants Weareofferingonabest-effortsbasisofupto1,379,313ordinaryshares,parvalue$0.000002pershareofGlobalMofyMetaverseLimited(“GMM”,the“Company”,“we”,“our”,“us”),togetherwithwarrantstopurchaseupto2,068,970ordinaryshares,atacombinedofferingpriceof$7.25perordinaryshareandwarrant.Eachordinarysharewillbesoldtogetherwithoneandahalf(1.5)warrants.Eachwholewarrantentitlestheholderthereoftopurchaseoneordinaryshare,andhasanexercisepriceof$8.00pershare,andwillexpireonthethirdanniversaryoftheoriginalissuancedate.ThewarrantsarenottradableonNasdaq. OurordinarysharesarecurrentlytradedontheNasdaqCapitalMarket,orNasdaq,underthesymbol“GMM.”OnDecember29,2023,thelastreportedsalepriceofourordinarysharesonNasdaqwas $5.58.Therearecurrently27,166,155ordinarysharesissuedandoutstandingimmediatelypriortotheoffering.Thereisnoestablishedpublictradingmarketforthewarrants,andwedonotexpectamarkettodevelop.Wedonotintendtoapplyforlistingofthewarrantsonanysecuritiesexchangeorothernationallyrecognizedtradingsystem.Withoutanactivetradingmarket,theliquidityofthewarrantswillbelimited. Becausethereisnominimumofferingamountrequiredasaconditiontoclosingthisoffering,wemaysellfewerthanallofthesecuritiesofferedhereby,whichmaysignificantlyreducetheamountofproceedsreceivedbyus,andinvestorsinthisofferingwillnotreceivearefundintheeventthatwedonotsellanamountofsecuritiessufficienttopursuethebusinessgoalsoutlinedinthisprospectus.Becausethereisnominimumofferingamount,investorscouldbeinapositionwheretheyhaveinvestedinourCompany,butweareunabletofulfillourobjectivesduetoalackofinterestinthisoffering.Also,anyproceedsfromthesaleofsecuritiesofferedbyuswillbeavailableforourimmediateuse,despiteuncertaintyaboutwhetherwewouldbeabletousesuchfundstoeffectivelyimplementourbusinessplan.See“RiskFactors”onpage25formoreinformation.Weintendtocompleteoneclosingofthisoffering,butmayundertakeoneormoreadditionalclosingsforthesaleoftheadditionalsecuritiestotheinvestorsintheinitialclosing. InvestorsarecautionedthatyouarenotbuyingsharesofaChina-basedoperatingcompanybutinsteadarebuyingsharesofaCaymanIslandsholdingcompanywithoperationsconductedbyoursubsidiariesbasedinChinaandthatthisstructureinvolvesuniqueriskstoinvestors. ThisisanofferingoftheordinarysharesoftheCaymanIslandsholdingcompany.WeconductourbusinessthroughthePRCsubsidiaries.Youwillnotandmayneverhavedirectownership intheoperatingentitybasedinChina.AftertherestructurethatdissolvedtheVariableInterestEntity(“VIE”)structure,GlobalMofyMetaverseLimitednowcontrolsandreceivestheeconomicbenefitsofthePRCsubsidiaries’businessoperation,ifany,throughequityownership.WedonotuseaVIEstructure. Unlessotherwisestated,asusedinthisprospectus,theterms“GlobalMofyCayman,”“we,”“us,”“ourCompany,”andthe“Company”refertoGlobalMofyMetaverseLimited,anexemptedcompanywithlimitedliabilityincorporatedunderthelawsoftheCaymanIslands;thetermsthe“PRCsubsidiaries”andthe“operatingsubsidiaries”refertoGlobalMofy(Beijing)TechnologyCo.,Ltd.,orGlobalMofyChinaanditssubsidiaries,Mofy(Beijing)FilmTechnologyCo., TableofContents Ltd.,orBeijingMofy,KashiMofyInteractiveDigitalTechnologyCo.,Ltd.,orKashiMofy,ShanghaiMoYingFeiHuanTechnologyCo.,Ltd.,orShanghaiMofy,andXi’anDigitalCloudTechnologyCo.,Ltd.,orXi’anMofy,entitiesorganizedunderthelawsofthePRC. GlobalMofyCaymanisaCaymanIslandsholdingcompanyandisnotaChineseoperatingcompany.Asaholdingcompanywithnomaterialoperationsofitsown,itconductsallofitsoperationsandoperatesitsbusinessinChinathroughitsPRCsubsidiaries,inparticular,GlobalMofyChinaanditssubsidiaries,BeijingMofy,KashiMofy,ShanghaiMofy,andXi’anMofy.BecauseofourcorporatestructureasaCaymanIslandsholdingcompanywithoperationsconductedbyourPRCsubsidiaries,itinvolvesuniqueriskstoinvestors.Furthermore,ChineseregulatoryauthoritiescouldchangetherulesandregulationsregardingforeignownershipintheindustryinwhichtheCompanyoperates,whichwouldlikelyresultinamaterialchangeinouroperationsand/oramaterialchangeinthevalueofthesecuritiesweareregisteringforsale,includingthatitcouldcausethevalueofsuchsecuritiestosignificantlydeclineorbecomeworthless.InvestorsinourordinarysharesshouldbeawarethattheydonotdirectlyholdequityinterestsintheChineseoperatingentities,butratherarepurchasingequitysolelyinGlobalMofyCayman,ourCaymanIslandsholdingcompany,whichindirectlyowns100%equityinterestsinthePRCsubsidiaries.OurordinarysharesofferedinthisofferingaresharesofourCaymanIslandsholdingcompanyinsteadofsharesofoursubsidiariesinChina.See“RiskFactors—RisksRelatedtoDoingBusinessinChina—Thefiling,approvalorotheradministrationrequirementsoftheChineseSecuritiesRegulatoryCommission(the“CSRC”)orotherPRCgovernmentauthoritiesmayberequiredinconnectionwithourfutureoffshoreofferingunderPRClaw,and,ifrequired,wecannotpredictwhetherorforhowlongwewillbeabletocompletethefilingprocedur