secwatch.observer — SEC 8-K summary
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Issuer:     GD Culture Group Ltd (GDC)
CIK:        0001641398
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001213900-24-004649
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641398/000121390024004649/0001213900-24-004649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641398/000121390024004649/ea191771-8k_gdculture.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-004649

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