---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-052204"
form_type: "8-K"
ticker: "GDC"
cik: "0001641398"
company_name: "GD Culture Group Ltd"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:21:08.736298+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GD Culture Group acquires software 'Tribal Light' for $750K in stock for video game development

## Summary
- Acquired software 'Tribal Light' from unaffiliated seller Northeast Management LLC for $750,000, paid via 187,500 shares of common stock.
- Shares valued at $4.00 per share; issued to seller's designees on June 26, 2023.
- Company plans to use the software to develop video games; software is currently unregistered.
- Transaction closed on June 26, 2023; agreement dated June 22, 2023.

## SEC filing metadata
- accession: 0001213900-23-052204
- form_type: 8-K
- ticker: GDC
- cik: 0001641398
- company_name: GD Culture Group Ltd
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641398/000121390023052204/0001213900-23-052204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641398/000121390023052204/ea180939-8k_gdculture.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-052204
- JSON: https://secwatch.observer/filing/0001213900-23-052204.json
- Plain text: https://secwatch.observer/filing/0001213900-23-052204.txt

## Key facts
- M&A Transactions
  GD Culture Group Ltd completed an acquisition involving Northeast Management LLC for $750,000, payable in the form of issuance of 187,500 shares of common stock of the Company, valued at $4.00 per share (closed 2023-06-26).
  - Action: acquisition
  - Counterparty: Northeast Management LLC
  - Consideration: $750,000, payable in the form of issuance of 187,500 shares of common stock of the Company, valued at $4.00 per share
  - Closing: 2023-06-26
  source text: ntered into a software purchase agreement (the “Agreement”) with Northeast Management LLC, a seller unaffiliated with the Company (the “Seller”). Pursuant to the Agreement, the Company agreed to purchase and the Seller agreed to sell all of Seller’s
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390023052204/0001213900-23-052204-index.htm
- Material Agreements
  GD Culture Group Ltd entered into Software Purchase Agreement with Northeast Management LLC valued at $750,000 payable in 187,500 shares of common stock (effective 2023-06-22).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Northeast Management LLC
  - Value: $750,000 payable in 187,500 shares of common stock
  - Effective: 2023-06-22
  source text: On June 22, 2023, GD Culture Group Limited (the "Company") entered into a software purchase agreement (the "Agreement") with Northeast Management LLC, a seller unaffiliated with the Company (the "Seller").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390023052204/0001213900-23-052204-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.