other material
confidence high
sentiment neutral
materiality 0.50
GD Culture Group announces 1-for-250 reverse stock split effective June 29, 2026
GD Culture Group Ltd
- Reverse stock split at 1-for-250 ratio; effective at market open on June 29, 2026.
- Common shares reduced from ~1.04B to ~4.16M; par value unchanged at $0.0001 per share.
- No fractional shares issued; fractional interests rounded up to next whole share.
- New CUSIP number 19200A303; trading symbol remains GDC on Nasdaq.
- Board authorized the split on June 16, 2026; stockholder approval previously obtained on Dec 31, 2025.