D - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
D - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced that it has entered into a Common Stock Purchase Agreement (the "Agreement") with an accredited investor (an "Investor"), a British Virgin Island limited liability company, providing for the sale by the Company of up to $300 million of its common stock. Proceeds from the facility will be used to support the Company's crypto asset treasury strategy, including the purchase of Bitcoin ("BTC") and OFFICIAL TRUMP ("TRUMP"). Under this initiative, and subject to certain limitations, GDC intends to allocate a significa
New York, New York, May 05, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC ("Univest"), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of private placement (the "Offering") for its client GD Culture Group Limited (NASDAQ:GDC) (the "Company"), a company currently conducting business mainly through its subsidiaries, AI Catalysis Corp. ("AI Catalysis") and Shanghai Xianzhui Technology Co, Ltd. Under the terms of the securities purchase agreement, the Company has agreed to sell to several purchasers an aggregate of 1,115,600 shares of the Company's common stock, par value $0.0001 per share (the
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced the signing of private placement (the "Offering") on May 2, 2025 with several purchasers for the purchase an aggregate of 1,115,600 shares of the Company's common stock, par value $0.0001 per share (the "Common Stock") at a purchase price of $0.524 per share in the Offering, and pre-funded warrants (the "Pre-Funded Warrants") to purchase up to an aggregate of 9,380,582 shares of Common Stock at a purchase price of $0.523 per Pre-Funded Warrant in the Offering. The Pre-Funded Warrants are first exercisable the dat
NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") dated March 20, 2025, notifying the Company that it is no longer in compliance with Nasdaq Listing Rule 5550(b)(1). Nasdaq Listing Rule 5550(b)(1) requires companies on the Nasdaq Capital Market to maintain a minimum of $2.5 million in stockholders' equity for continued listing, however, based on the Company's Form 10-K for the fiscal year ended December 31, 2024, dated March 18, 2025, the Co
NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced that the closing of its previously announced private placement (the "Offering") on March 6, 2025 with certain investor for the purchase and sale of up to an aggregate of 1,115,600 shares (the "Shares") of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at a purchase price of about $0.896 per share in the Offering. The aggregate gross proceeds to the Company were approximately $1.0 million. Univest Securities, LLC acted as the sole placement agent. The Shares were offered and sol
NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced that it has entered into a securities purchase agreement (the "Agreement") on March 4, 2025 with certain investor for the purchase and sale of up to an aggregate of 1,115,600 shares (the "Shares") of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at a purchase price of about $0.896 per share in a private placement (the "Offering"). The aggregate gross proceeds to the Company are expected to be approximately $1.0 million. The transactions are expected to close on or about March 5,
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced that it has entered into an At-the-Market ("ATM") issuance sales agreement (the "Agreement") with Univest Securities, LLC ("Univest" or the "Sales Agent") under which the Company may, from time to time, issue and sell shares of its common stock, par value $0.0001 per share (the "Shares"), having an aggregate offering price of up to $10.0 million through the Sales Agent or any of its sub-agent(s) or other designees, acting as sales agent. Sales of the Shares, if any, will be made at or related to then prevailing
NEW YORK, Jan. 27, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced its decision to discontinue its online livestreaming gaming business after conducting a comprehensive assessment. While this decision marks a significant shift, previously released games and related content will remain operational but will no longer receive updates. The move aligns with the Company's broader strategy to optimize resources and focus on areas with greater long-term potential. Launched 18 months ago, the livestreaming gaming business capitalized on an exciting and rapidly evolving industry. During
NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced its partnership with Tuolan Network Technology Co., Ltd, ("Tuolan"), aimed at further enriching and expanding the Company's AI Creator Community. Designed as a hub to empower creators to produce innovative AI-generated content, the Company's AI Creator Community aims to increase the exposure of the company's brand and technology, encouraging more people to use the Company's technology and services. As part of this initiative, the Company has introduced an AI Video Contest (the "Contest") to inspire creators to
NEW YORK, Aug. 23, 2024 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced the launch of SyncWaveX on August 22, 2024, a groundbreaking web-based AI application under its software brand AI Box. SyncWaveX is set to revolutionize the way videos are created by automatically syncing lip and facial movements with audio, enabling ultra-realistic videos with unmatched ease. The launch of SyncWaveX highlights the Company's dedication to AI-driven innovation and empowers creators and influencers to thrive in the digital realm. SyncWaveX employs a direct audio-to-video synthesis approach, which