---
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"
generated_at: "2026-06-06T21:19:11.702353+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GD Culture Group completes acquisition of 13.33% stake in Xianzhui Technology for 400,000 shares at $2.78/share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-004649
- JSON: https://secwatch.observer/filing/0001213900-24-004649.json
- Plain text: https://secwatch.observer/filing/0001213900-24-004649.txt

## Key facts
- M&A Transactions
  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).
  - Action: acquisition
  - Counterparty: Beijing Hehe Property Management Co., Ltd.
  - Consideration: 400,000 shares of common stock of the Company, valued at $2.7820 per share
  - Closing: 2024-01-11
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390024004649/0001213900-24-004649-index.htm

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