GD Culture Group (GDC) Announces 810.3K Share Offering at $1.14/sh
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GD Culture Group Limited Announces Registered Direct Offering
March 22, 2024 8:20 PM EDTNEW YORK, March 22, 2024 (GLOBE NEWSWIRE) -- GD Culture Group Limited (GDC or the Company) (Nasdaq: GDC), a holding company currently conducting business through its operating subsidiary, AI Catalysis Corp. (AI Catalysis), today announced that it had entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 810,277 shares of the Companys common stock, at a purchase price of $1.144 per share in a registered direct offering.
The aggregate gross proceeds to the Company are expected to be approximately $926,957. The transactions are expected to close on... More
