GD Culture Group (GDC) Prices $1M Offering

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GD Culture Group Limited Announces Pricing of Private Placement

March 5, 2025 7:30 AM UTC

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 Companys 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... More