GD Culture Group Limited Announces Pricing of Private Placement
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GD Culture Group Limited announced a private placement agreement to sell 1,115,600 shares at $0.896 each, raising approximately $1 million.
March 05, 2025 | 12:45 pm
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GD Culture Group Limited has entered into a private placement agreement to sell 1,115,600 shares at $0.896 per share, raising approximately $1 million.
The private placement will provide GDC with $1 million in capital, which could be used for growth or operational needs. The issuance of new shares might dilute existing shareholders, but the capital infusion is generally positive for the company's financial health.
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