---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-100007"
form_type: "8-K"
ticker: "GDC"
cik: "0001641398"
company_name: "GD Culture Group Ltd"
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T05:53:28.430826+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.3
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# GDC director election fails under erroneous voting standard; special meeting planned

## Summary
- At Dec 29 annual meeting, directors were elected by plurality but proxy wrongly stated majority vote required.
- Under NRS 78.340, directors continue in office until successors elected at a future special meeting.
- Auditor HTL International ratified with 1,577,011 votes for; 2,889 against; 5,096 abstain.
- Quorum was 1,584,996 shares (approx 35% of outstanding).

## SEC filing metadata
- accession: 0001213900-23-100007
- form_type: 8-K
- ticker: GDC
- cik: 0001641398
- company_name: GD Culture Group Ltd
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.3
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1641398/000121390023100007/0001213900-23-100007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1641398/000121390023100007/ea190938-8k_gdculture.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-100007
- JSON: https://secwatch.observer/filing/0001213900-23-100007.json
- Plain text: https://secwatch.observer/filing/0001213900-23-100007.txt

## Key facts
- Shareholder Votes
  GD Culture Group Ltd shareholders approved Ratification of HTL International, LLC to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023 at the 2023-12-29 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-12-29
  source text: Ratification of HTL International, LLC to serve as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023. FOR AGAINST ABSTAIN 1,577,011 2,889 5,096
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390023100007/0001213900-23-100007-index.htm
- Shareholder Votes
  GD Culture Group Ltd shareholders rejected Election of the following persons as Directors of the Company at the 2023-12-29 meeting.
  - Proposal: director election
  - Outcome: failed
  - Meeting: 2023-12-29
  source text: Election of the following persons as Directors of the Company. FOR AGAINST ABSTAIN Broker Non-Vote Xiao Jian Wang 176,321 3,969 2,953 1,401,753 Shuang Zhang 176,047 4,244 2,952 1,401,753 Mingyue Cai 175,145 5,146 2,952 1,401,753 Yi Zhong 142,409 37,963 2,871 1,401,753 Shuaiheng Zhang 142,376 37,997 2,870 1,401,753
  evidence_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390023100007/0001213900-23-100007-index.htm

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