Univest Securities, LLC Announces Closing of $10 Million Registered Direct Offering for its Client GD Culture Group Limited (NASDAQ: GDC)
GD Culture Group Limited (GDC)
Company Research
Source: GlobeNewswire
New York, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”) of 1,436,253 shares of the common stock, par value $0.0001 per share (the “Shares”), and pre-funded warrants to purchase up to 1,876,103 shares of the common stock (the “Pre-funded Warrants”) at a purchase price of $3.019 per share for its client GD Culture Group Limited (NASDAQ: GDC) (“GDC” or the “Company”), a holding company currently conducting business through Shanghai Xianzhui Technology Co., Ltd. (“Shanghai Xianzhui”) and AI Catalysis Corp. (“AI Catalysis”). The purchase price for the Pre-funded Warrants was identical to the purchase price for Shares, less the exercise price of $0.001 per share. The Company issued to the same investors warrants (the “Warrants”) to purchase up to 3,312,356 shares of common
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GDC
Sec Filings
- 12/23/25 - Form DEFR14A
- 12/23/25 - Form 8-K
- 12/19/25 - Form DEF
- GDC's page on the SEC website