{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-026102","form_type":"8-K","ticker":"GDC","cik":"0001641398","company_name":"GD Culture Group Ltd","filed_at":"2024-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.946162+00:00","generated_at":"2026-06-04T07:55:04.343103+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"GD Culture Group announces registered direct offering of 810,277 shares at $1.144/share","bullets":["Offering of 810,277 common shares at $1.144/share for gross proceeds of ~$927K; net proceeds ~$830K after fees and expenses.","Placement agent Univest Securities receives 4.0% cash fee and warrants to purchase 40,514 shares at $1.373/share (120% of offering price).","Company intends to use net proceeds for working capital and general corporate purposes.","Offering expected to close on or about March 26, 2024, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-026102","json":"https://secwatch.observer/filing/0001213900-24-026102.json","markdown":"https://secwatch.observer/filing/0001213900-24-026102.md","text":"https://secwatch.observer/filing/0001213900-24-026102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1641398/000121390024026102/0001213900-24-026102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1641398/000121390024026102/ea0202556-8k_gdculture.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T07:55:04.343103+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":"bc606e69c071c3ae601994e7d21b11a1766ce966","claim":"GD Culture Group Ltd entered into Placement Agency Agreement with Univest Securities, LLC valued at 810,277 shares of common stock at $1.144 per share; net proceeds approx. $830,000; placement agent f (effective 2024-03-22).","evidence_excerpt":"On or about March 22, 2024, GD Culture Group Limited (the “Company”, “we”, “us” or “our”) entered into a placement agency agreement (the “Placement Agency Agreement”), with Univest Securities, LLC (the “Placement Agent” or “Univest”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1641398/000121390024026102/0001213900-24-026102-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Univest Securities, LLC"},{"label":"Value","value":"810,277 shares of common stock at $1.144 per share; net proceeds approx. $830,000; placement agent f"},{"label":"Effective","value":"2024-03-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}