GD Culture Group signs $300M at-the-market offering agreement and launches AI interactive novel Fato on Apple App Store

GD Culture Group Ltd

Entered $300M at-the-market sales agreement with Univest Securities, LLC for common stock issuance up to $300M aggregate offering price.
Sales agent commission set at 3.5% of gross proceeds; Company may reimburse agent up to $125K in expenses.
AI interactive novel app "Fato: Interactive Novel" now available for free download on Apple App Store for iPhone and iPad worldwide.
Fato offers choice-driven narrative with branching story paths, multiple outcomes, and immersive chat-like character interactions.
Mr. Xiaojian Wang, CEO, highlighted the launch as a defining moment for GDC and its subsidiary AI Catalysis Corp.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GD Culture Group Ltd entered into Sales Agreement with Univest Securities, LLC valued at $300,000,000 (effective 2026-04-28).

Action: entry
Agreement: atm program
Counterparty: Univest Securities, LLC
Value: $300,000,000
Effective: 2026-04-28

Exact text from the filing

On April 28, 2026 , GD Culture Group Limited. (the “ Company ”) entered into an At-The-Market Issuance Sales Agreement (the “ Sales Agreement ”) with Univest Securities, LLC (the “ Sales Agent ”) under which the Company may issue and sell from time to time, shares of its common stock, par value $0.0001 per share (the “ Shares ”), having an aggregate offering price of not more than $300,000,000 through the Sales Agent or any of its sub-agent(s) or other designees, acting as sales agent.

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GD Culture Group Ltd filing history →

Source: SEC EDGAR

accession 0001213900-26-049255

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