---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-052472"
form_type: "8-K"
ticker: "GDC"
cik: "0001641398"
company_name: "GD Culture Group Ltd"
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:32:53.834587+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# GD Culture Group sells inactive Hong Kong subsidiary for $100,000

## Summary
- Sold all equity interest in TMSR Holdings and its wholly-owned subsidiaries for $100,000 to buyer Hao Li.
- TMSR, Makesi Iot Technology, and Shanghai Yuanma have no assets, employees, or operations.
- Sale will have no impact on consolidated financial statements; the subsidiary was dormant.
- Company separately notes plan to develop video games through newly formed AI Catalysis Corp.

## SEC filing metadata
- accession: 0001213900-23-052472
- form_type: 8-K
- ticker: GDC
- cik: 0001641398
- company_name: GD Culture Group Ltd
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641398/000121390023052472/0001213900-23-052472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641398/000121390023052472/ea181032-8k_gdculture.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-052472
- JSON: https://secwatch.observer/filing/0001213900-23-052472.json
- Plain text: https://secwatch.observer/filing/0001213900-23-052472.txt

## Key facts
- Material Agreements
  GD Culture Group Ltd entered into Agreement with a buyer unaffiliated with the Company (the "Buyer") valued at $100,000 (effective 2023-06-26).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: a buyer unaffiliated with the Company (the "Buyer")
  - Value: $100,000
  - Effective: 2023-06-26
  source text: On June 26, 2023, GD Culture Group Limited (the "Company") entered into a share purchase agreement (the "Agreement") with a buyer unaffiliated with the Company (the "Buyer").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390023052472/0001213900-23-052472-index.htm

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