GD Culture Group Limited Announces Closing of Private Placement
GD Culture Group (GDC) has successfully completed its previously announced private placement, closing the offering on March 6, 2025. The company sold 1,115,600 shares of common stock at $0.896 per share, raising aggregate gross proceeds of approximately $1.0 million.
The private placement was conducted with Univest Securities, serving as the sole placement agent. The shares were offered under Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D. GDC has committed to register the resale of these shares within 60 days from the agreement date.
GD Culture Group (GDC) ha completato con successo il collocamento privato precedentemente annunciato, chiudendo l'offerta il 6 marzo 2025. L'azienda ha venduto 1.115.600 azioni ordinarie a 0,896 $ per azione, raccogliendo proventi lordi complessivi di circa 1,0 milioni di dollari.
Il collocamento privato è stato condotto con Univest Securities, che ha operato come unico agente di collocamento. Le azioni sono state offerte ai sensi della Sezione 4(a)(2) del Securities Act e della Regola 506(b) del Regolamento D. GDC si è impegnata a registrare la rivendita di queste azioni entro 60 giorni dalla data dell'accordo.
GD Culture Group (GDC) ha completado con éxito su colocación privada previamente anunciada, cerrando la oferta el 6 de marzo de 2025. La empresa vendió 1.115.600 acciones ordinarias a $0.896 por acción, recaudando ingresos brutos agregados de aproximadamente $1.0 millones.
La colocación privada se llevó a cabo con Univest Securities, actuando como el único agente de colocación. Las acciones se ofrecieron bajo la Sección 4(a)(2) de la Ley de Valores y la Regla 506(b) del Reglamento D. GDC se ha comprometido a registrar la reventa de estas acciones dentro de los 60 días a partir de la fecha del acuerdo.
GD 문화 그룹 (GDC)는 이전에 발표된 사모 배정을 성공적으로 완료하였으며, 2025년 3월 6일에 공모를 종료하였습니다. 회사는 주당 0.896 달러에 1,115,600주의 보통주를 판매하여 약 100만 달러의 총 매출을 올렸습니다.
사모 배정은 유니베스트 증권과 함께 진행되었으며, 유니베스트는 단독 배정 대리인으로 활동하였습니다. 주식은 증권법의 섹션 4(a)(2) 및 규정 D의 규칙 506(b)에 따라 제공되었습니다. GDC는 계약일로부터 60일 이내에 이러한 주식의 재판매를 등록할 것을 약속하였습니다.
GD Culture Group (GDC) a réussi à finaliser son placement privé précédemment annoncé, clôturant l'offre le 6 mars 2025. La société a vendu 1.115.600 actions ordinaires à 0,896 $ par action, levant des produits bruts d'environ 1,0 million $.
Le placement privé a été réalisé avec Univest Securities, agissant en tant qu'agent de placement exclusif. Les actions ont été offertes en vertu de la section 4(a)(2) de la loi sur les valeurs mobilières et de la règle 506(b) du règlement D. GDC s'est engagé à enregistrer la revente de ces actions dans les 60 jours suivant la date de l'accord.
GD Culture Group (GDC) hat erfolgreich die zuvor angekündigte Privatplatzierung abgeschlossen und das Angebot am 6. März 2025 geschlossen. Das Unternehmen verkaufte 1.115.600 Stammaktien zu 0,896 $ pro Aktie und erzielte damit Gesamterlöse von etwa 1,0 Millionen $.
Die Privatplatzierung wurde mit Univest Securities durchgeführt, das als alleiniger Platzierungsagent fungierte. Die Aktien wurden gemäß Abschnitt 4(a)(2) des Securities Act und Regel 506(b) der Regulation D angeboten. GDC hat sich verpflichtet, den Wiederverkauf dieser Aktien innerhalb von 60 Tagen nach dem Datum des Vertrags zu registrieren.
- Secured $1.0 million in additional funding through private placement
- Potential dilution for existing shareholders due to issuance of 1,115,600 new shares
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
The aggregate gross proceeds to the Company were approximately
Univest Securities, LLC acted as the sole placement agent.
The Shares were offered and sold to investors in the Offering pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended, and the rules and regulations of the Securities and Exchange Commission (“SEC”) thereunder (collectively, the “Securities Act”), in reliance upon Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated by the Commission under the Securities Act (“Regulation D”). The Company has agreed to register the resale of the Shares on a registration statement within 60 days from the date of the Agreement.
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC's website at www.sec.gov.
About GD Culture Group Limited
GD Culture Group Limited (the “Company”) (Nasdaq: GDC), is a Nevada company currently conducting business mainly through its subsidiaries, AI Catalysis Corp. (“AI Catalysis”) and Shanghai Xianzhui Technology Co, Ltd. The company plans to enter into the livestreaming market with focus on e-commerce through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada corporation incorporated in May 2023. The Company’s main businesses include AI-driven digital human technology, live-streaming e-commerce business. For more information, please visit the Company's website at https://www.gdculturegroup.com/.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For investor and media inquiries, please contact:
GD Culture Group Limited
Investor Relations Department
Email: ir@gdculturegroup.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
FAQ
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