---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-088350"
form_type: "8-K"
ticker: "GDC"
cik: "0001641398"
company_name: "GD Culture Group Ltd"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:07:29.254649+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# GD Culture Group amends warrant terms to remove anti-dilution adjustments after Nasdaq comment

## Summary
- On Nov 17, 2023, entered amendment to Oct 31, 2023 securities purchase agreement.
- Removed Sections 2(b) and 2(e) from registered warrants regarding adjustment upon issuance of common stock and other events.
- Original registered warrants cancelled; amended and restated warrants issued to each purchaser.
- Amendment driven by Nasdaq staff comments on the form of registered warrant.

## SEC filing metadata
- accession: 0001213900-23-088350
- form_type: 8-K
- ticker: GDC
- cik: 0001641398
- company_name: GD Culture Group Ltd
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641398/000121390023088350/0001213900-23-088350-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641398/000121390023088350/ea188524-8k_gdculture.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-088350
- JSON: https://secwatch.observer/filing/0001213900-23-088350.json
- Plain text: https://secwatch.observer/filing/0001213900-23-088350.txt

## Key facts
- Material Agreements
  GD Culture Group Ltd amended Amendment to Securities Purchase Agreement with certain purchasers valued at Removed Section 2(b) Adjustment Upon Issuance of Common Stock and Section 2(e) Other Events from the (effective 2023-11-17).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: certain purchasers
  - Value: Removed Section 2(b) Adjustment Upon Issuance of Common Stock and Section 2(e) Other Events from the
  - Effective: 2023-11-17
  source text: On November 17, 2023, the Company entered into an amendment to the Securities Purchase Agreement with the Purchasers, pursuant to which Exhibit B to the Securities Purchase Agreement (form of Registered Warrants) was deleted and replaced with an amended and restated the Form of Registered Warrant, to remove Section 2(b) Adjustment Upon Issuance of Common Stock and Section 2(e) Other Events.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390023088350/0001213900-23-088350-index.htm

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