{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-004649","form_type":"8-K","ticker":"GDC","cik":"0001641398","company_name":"GD Culture Group Ltd","filed_at":"2024-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.945475+00:00","generated_at":"2026-06-06T21:19:11.702353+00:00","sec_items":["2.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"GD Culture Group completes acquisition of 13.33% stake in Xianzhui Technology for 400,000 shares at $2.78/share","bullets":["On Jan 11, 2024, issued 400,000 common shares valued at $2.7820 per share to Beijing Hehe as consideration.","Shares issued to purchase 13.3333% equity interest in Xianzhui Technology Co., Ltd. from Beijing Hehe.","Transaction completed via Shanghai Highlight Entertainment, an indirect subsidiary of GDC.","Issuance exempt from registration under Regulation S; recipients are non-U.S. persons."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-004649","json":"https://secwatch.observer/filing/0001213900-24-004649.json","markdown":"https://secwatch.observer/filing/0001213900-24-004649.md","text":"https://secwatch.observer/filing/0001213900-24-004649.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641398/000121390024004649/0001213900-24-004649-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641398/000121390024004649/ea191771-8k_gdculture.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T21:19:11.702353+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aa0804709d02fc86e82f57d241ed4ce9f8dcda95","claim":"GD Culture Group Ltd completed an acquisition involving Beijing Hehe Property Management Co., Ltd. for 400,000 shares of common stock of the Company, valued at $2.7820 per share (closed 2024-01-11).","evidence_excerpt":"Venture. Pursuant to the Agreement, Shanghai Highlight agreed to purchase the 13.3333% equity interest in the Joint Venture from Beijing Hehe and the Company agreed to issue 400,000 shares of common stock of the Company (the “Shares”), valued at $2.7820 per share, to Beijing Hehe or its assigns. On January 11, 2024, the Company issued the Shares and the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390024004649/0001213900-24-004649-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Beijing Hehe Property Management Co., Ltd."},{"label":"Consideration","value":"400,000 shares of common stock of the Company, valued at $2.7820 per share"},{"label":"Closing","value":"2024-01-11"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}