GD Culture Group (GDC) Announces ATM Offering
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GD Culture Group Limited Announces At-The-Market Equity Offering Program
February 10, 2025 8:00 AM ESTNEW 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.
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