GD Culture Group Ltd. Enters Material Definitive Agreement
Ticker: GDC · Form: 8-K · Filed: Mar 26, 2024 · CIK: 1641398
Sentiment: neutral
Topics: material-definitive-agreement
TL;DR
GD Culture Group (GDC) signed a big deal, details TBD.
AI Summary
GD Culture Group Ltd. announced on March 22, 2024, that it entered into a material definitive agreement. The company, formerly known as Code Chain New Continent Ltd, is incorporated in Nevada and its fiscal year ends on December 31st. The filing does not provide specific details about the agreement or any associated dollar amounts.
Why It Matters
This filing indicates a significant business development for GD Culture Group Ltd., potentially impacting its future operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its nature and potential impact.
Key Players & Entities
- GD Culture Group Ltd (company) — Filer
- Code Chain New Continent Ltd (company) — Former company name
- TMSR HOLDING Co Ltd (company) — Former company name
- JM Global Holding Co (company) — Former company name
- March 22, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by GD Culture Group Ltd?
The filing states that GD Culture Group Ltd. entered into a material definitive agreement on March 22, 2024, but does not provide specific details about the agreement itself.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on March 22, 2024.
What was GD Culture Group Ltd. formerly known as?
GD Culture Group Ltd. was formerly known as Code Chain New Continent Ltd, TMSR HOLDING Co Ltd, and JM Global Holding Co.
In which state is GD Culture Group Ltd. incorporated?
GD Culture Group Ltd. is incorporated in Nevada.
What is the fiscal year end for GD Culture Group Ltd.?
The fiscal year end for GD Culture Group Ltd. is December 31st.
Filing Stats: 886 words · 4 min read · ~3 pages · Grade level 10.6 · Accepted 2024-03-26 17:19:31
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 GDC Nasdaq Capital Market Item 1
- $1.144 — purchase price of each Common Share is $1.144. The Offering is being made pursuant
- $830,000 — yable by the Company, are approximately $830,000. The Company intends to use the net pro
- $1.373 — Common Shares) at an exercise price of $1.373 per share, which represents 120% of the
Filing Documents
- ea0202556-8k_gdculture.htm (8-K) — 42KB
- ea020255601ex5-1_gdculture.htm (EX-5.1) — 9KB
- ea020255601ex10-1_gdculture.htm (EX-10.1) — 95KB
- ea020255601ex10-2_gdculture.htm (EX-10.2) — 219KB
- ea020255601ex99-1_gdculture.htm (EX-99.1) — 9KB
- ex5-1_001.jpg (GRAPHIC) — 16KB
- 0001213900-24-026102.txt ( ) — 649KB
- gdc-20240322.xsd (EX-101.SCH) — 3KB
- gdc-20240322_lab.xml (EX-101.LAB) — 33KB
- gdc-20240322_pre.xml (EX-101.PRE) — 22KB
- ea0202556-8k_gdculture_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GD CULTURE GROUP LIMITED Date: March 26, 2024 By: /s/ Xiaojian Wang Name: Xiaojian Wang Title: Chief Executive Officer, President and Chairman of the Board 2