Fastest customizable press release news feed in the world
NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC) today announced the successful closing of a private placement (the "Transaction") with certain investor for the purchase and sale of an aggregate of 1,333,334 shares (the "Shares") of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at a purchase price of $2.10 per share, pursuant to a securities purchase agreement entered into on October 24, 2025 (the "Agreement"). The aggregate gross proceeds to the Company were approximately $2.8 million. The Transaction closed on October 27, 2025. Univest Securities, LLC acted as the sole placement agent. The Shares
NEW YORK, Sept. 17, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), today issued an updated news release regarding the shareholder value created by its recently announced acquisition of Pallas Capital Holding Ltd. ("Pallas Capital"). As disclosed on September 16, 2025, GDC entered into a definitive share exchange agreement to acquire 100% of Pallas Capital's issued and outstanding ordinary shares in exchange for 39,189,344 newly issued shares of GDC common stock. Through this transaction, 7,500 Bitcoin will be transferred to GDC and held as a long-term digital asset reserve upon closing. Based on the current Bitcoin price of approximately $116,900
NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), today announced that on September 10, 2025, it entered into a share exchange agreement (the "Agreement") to acquire 100% of the issued and outstanding ordinary shares of Pallas Capital Holding Ltd. ("Pallas Capital"), a British Virgin Islands registered company. Upon closing, the Company will issue 39,189,344 shares of common stock and acquire all of Pallas Capital's assets, including 7,500 Bitcoin (BTC), free and clear of any encumbrances. In accordance with the Nevada Revised Statutes, as amended, the Company has obtained the majority shareholder approval for the share issuance r
NEW YORK, Aug. 27, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited ("GDC" or the "Company") (NASDAQ:GDC), and its subsidiary, AI Catalysis Corp. ("AI Catalysis"), today announced the upcoming launch of its AI Immersive Reading Platform (the "Platform"), an innovative ecosystem currently in its development and testing stage, designed to redefine how stories are created, shared, and enjoyed. This development marks a major milestone for the Company in interactive storytelling and opens the door for creators worldwide to participate in shaping a new future for digital narratives by joining its founding community. Unlike traditional reading platforms, this pioneering ecosystem transforms sto
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,
10-Q - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
DEF 14C - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
PRE 14C - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)
10-Q - GD Culture Group Ltd (0001641398) (Filer)
8-K - GD Culture Group Ltd (0001641398) (Filer)