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GD Culture Group Limited Announces Pricing of Private Placement
GDCGD Culture Group(GDC) GlobeNewswire·2025-03-05 12:30

Group 1 - GD Culture Group Limited ("GDC") has entered into a securities purchase agreement for the sale of up to 1,115,600 shares of its common stock at approximately 0.896pershareinaprivateplacement,expectedtoraiseabout0.896 per share in a private placement, expected to raise about 1.0 million [1][2] - The transactions are anticipated to close on or about March 5, 2025, pending customary closing conditions [2] - The shares will be offered under the exemption from registration requirements of the Securities Act, with the company agreeing to register the resale of the shares within 60 days from the agreement date [3] Group 2 - GD Culture Group Limited is primarily engaged in AI-driven digital human technology and live-streaming e-commerce, with plans to enter the livestreaming market through its subsidiary AI Catalysis Corp [5]