secwatch.observer — SEC 8-K summary
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Issuer:     GD Culture Group Ltd (GDC)
CIK:        0001641398
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001213900-22-070180
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Code Chain New Continent to effect 1-for-30 reverse stock split effective Nov 9, 2022
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- Reverse stock split at 1:30 ratio approved by board and stockholders; effective 12:01 a.m. on Nov 9, 2022.
- No fractional shares issued; fractional interests rounded up to nearest whole share.
- Authorized shares unchanged at 200M common and 20M preferred, par value $0.0001.
- CUSIP changes to 19200A204; trading symbol CCNC remains unchanged on Nasdaq.
- Outstanding options, warrants, and convertible securities adjusted: exercise price multiplied by 30, shares divided by 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641398/000121390022070180/0001213900-22-070180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641398/000121390022070180/ea168172-8k_codechain.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-070180

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer