Global Mofy Metaverse Limited’s (NASDAQ:GMM) Lock-Up Period To Expire Tomorrow

Global Mofy Metaverse’s (NASDAQ:GMM) lock-up period is set to expire on Monday, April 8th. Global Mofy Metaverse had issued 1,200,000 shares in its initial public offering on October 10th. The total size of the offering was $6,000,000 based on an initial share price of $5.00. After the end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Global Mofy Metaverse Price Performance

Shares of GMM opened at $0.92 on Friday. Global Mofy Metaverse has a 52 week low of $0.65 and a 52 week high of $15.47. The firm has a fifty day moving average price of $1.87.

About Global Mofy Metaverse

Global Mofy Metaverse Limited, through its subsidiaries, provides virtual content production, digital marketing, and digital assets development services for the metaverse industry in the People's Republic of China. It offers services for visual effect design, content development, production, and integration based on customers specific needs; and 3D rebuilt and artificial intelligence technologies using its Mofy Lab technology platform.