- GD Culture Group Limited (GDC) announced the **closing of a private placement** on **October 27, 2025**.  **[1641398_0001213900-25-103498_ea026290301ex99-1_gdculture.htm:0]** **[1641398_0001213900-25-103498_ea0262903-8k_gdculture.htm:1]** 
- The company sold **1,333,334 shares** of common stock at a purchase price of **$2.10 per share**, generating approximately **$2.8 million** in gross proceeds.  **[1641398_0001213900-25-103498_ea026290301ex99-1_gdculture.htm:0]** **[1641398_0001213900-25-103498_ea0262903-8k_gdculture.htm:1]** 
- The proceeds from the private placement are designated for **working capital and general corporate purposes**.  **[1641398_0001213900-25-103498_ea0262903-8k_gdculture.htm:1]** 
- **Univest Securities, LLC** acted as the sole placement agent, receiving a **7% cash fee** of the gross proceeds and reimbursement for expenses up to **$20,000**.  **[1641398_0001213900-25-103498_ea0262903-8k_gdculture.htm:1]** **[1641398_0001213900-25-103498_ea026290301ex10-1_gdculture.htm:37]**

GD Culture Group Announces Closing of Private Placement

- GD Culture Group Limited (GDC) issued an updated news release regarding the shareholder value created by its acquisition of **Pallas Capital Holding Ltd.**  **[1641398_0001213900-25-090139_ea025825301ex99-1_gdculture.htm:0]** 
- Through this acquisition, **7,500 Bitcoin** will be transferred to GDC and held as a long-term digital asset reserve.  **[1641398_0001213900-25-090139_ea025825301ex99-1_gdculture.htm:0]** 
- Based on a Bitcoin price of approximately **$116,900**, the acquired Bitcoin represents an aggregate value of about **$876.8 million**, equating to an implied value of approximately **$22.37 per share** of GDC common stock.  **[1641398_0001213900-25-090139_ea025825301ex99-1_gdculture.htm:0]** 
- This acquisition is expected to significantly strengthen GDC's balance sheet and establish it among the top 15 publicly traded companies with the largest Bitcoin treasury reserves.  **[1641398_0001213900-25-090139_ea025825301ex99-1_gdculture.htm:0]**

GD Culture Group Highlights Shareholder Value from Pallas Capital Acquisition

- **GD Culture Group Limited (GDC)** entered into a share exchange agreement on **September 10, 2025**, to acquire **100% of Pallas Capital Holding Ltd.**  **[1641398_0001213900-25-087946_ea025752801ex99-1_gdculture.htm:0]** **[1641398_0001213900-25-087946_ea025752801ex99-2_gdculture.htm:0]** **[1641398_0001213900-25-087946_ea025752801ex2-1_gdculture.htm:0]** **[1641398_0001213900-25-087946_ea0257528-8k_gdculture.htm:1]** 
- In exchange for Pallas Capital, GDC will issue **39,189,344 shares of common stock**.  **[1641398_0001213900-25-087946_ea025752801ex99-1_gdculture.htm:0]** **[1641398_0001213900-25-087946_ea025752801ex99-2_gdculture.htm:0]** **[1641398_0001213900-25-087946_ea0257528-8k_gdculture.htm:1]** **[1641398_0001213900-25-087946_ea025752801ex99-2_gdculture.htm:2]**  The acquired assets include **7,500 Bitcoin (BTC)**.  **[1641398_0001213900-25-087946_ea025752801ex99-1_gdculture.htm:0]** 
- This acquisition is intended to establish substantial long-term Bitcoin reserves and strengthen GDC's crypto asset treasury strategy.  **[1641398_0001213900-25-087946_ea025752801ex99-1_gdculture.htm:0]** 
- Following the share issuance, GDC will have **55,984,777 shares of common stock** issued and outstanding.  **[1641398_0001213900-25-087946_ea0257528-8k_gdculture.htm:1]**

GD Culture Group (GDC)