---
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"
generated_at: "2026-06-04T07:55:04.343103+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GD Culture Group announces registered direct offering of 810,277 shares at $1.144/share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-026102
- JSON: https://secwatch.observer/filing/0001213900-24-026102.json
- Plain text: https://secwatch.observer/filing/0001213900-24-026102.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Univest Securities, LLC
  - Value: 810,277 shares of common stock at $1.144 per share; net proceeds approx. $830,000; placement agent f
  - Effective: 2024-03-22
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1641398/000121390024026102/0001213900-24-026102-index.htm

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