other material
confidence high
sentiment neutral
materiality 0.30
GDC enters two consulting agreements for $515,000 total in upfront fees
GD Culture Group Ltd
- IR Agency, LLC engaged for 1-month marketing/advertising services at a non-refundable $250,000 fee.
- Corbo Capital Inc. engaged for 24-month business consulting in e-commerce/tech at a $265,000 upfront fee.
- Both consultants are independent contractors; IR Agency is not a registered broker-dealer.
- IR Agency term runs from March 27, 2024; Corbo term starts April 1, 2024.
- Confidentiality obligations extend 3 years after termination for IR Agency agreement.