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0 0.010752688172043 -0.0623655913978495 -0.0623655913978495 0.010752688172043 -0.053763440860215 -0.113978494623656 -0.0970322580645161
Stock impact report

GD Culture Announces Closing of US$2.8 Million Private Placement

GD Culture Group Limited (GDC) 
Company Research Source: GlobeNewswire
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 were offered and sold to investors in the Transaction pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), and the rules and regulations of the United States Securities and Exchange Commission (“SEC”) thereunder in reliance Show less Read more
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