GD Culture Group Limited Announces 1-for-250 Reverse Stock Split Effective June 29, 2026
Rhea-AI Summary
GD Culture Group (Nasdaq:GDC) approved a 1-for-250 reverse stock split of its common stock, effective at the market open on June 29, 2026. Shares will continue trading on Nasdaq under GDC with new CUSIP 19200A303.
Outstanding shares will decline from 1.04 billion to about 4.16 million, with fractional entitlements rounded up.
Positive
- Outstanding common shares reduced from 1.04 billion to approximately 4.16 million
- Fractional share entitlements will be rounded up to the nearest whole share
- Reverse split affects all stockholders uniformly, maintaining relative ownership percentages
Negative
- Existing share counts consolidated on a 1-for-250 reverse split basis
- Holders of physical certificates must surrender them to adjust to post-split share counts
News Market Reaction – GDC
In the Jun 25 session, GDC declined 36.57%, reflecting a significant negative market reaction. Argus tracked a trough of -52.4% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 24 | Equity offering | Negative | +3.4% | Registered direct offering of common shares at $0.021 to raise $5.45M. |
| Jun 24 | Listing notice | Negative | +3.4% | Nasdaq notification for failure to meet $1.00 minimum bid price requirement. |
| May 06 | Special committee | Neutral | -79.3% | Formation of committee to evaluate preliminary non‑binding going‑private proposal. |
| May 05 | Buyout proposal | Positive | +22.2% | Preliminary going‑private proposal at $10.75 per share cash consideration. |
| Apr 29 | Product launch | Positive | -14.6% | Launch of AI interactive novel app Fato on Apple App Store globally. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news often shows price moves diverging from headline tone, including large swings around deal and product updates.
Key Terms
reverse stock split financial
par value financial
cusip number financial
transfer agent financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
JERSEY CITY, N.J., June 25, 2026 (GLOBE NEWSWIRE) -- GD Culture Group Limited (Nasdaq: GDC) (the “Company” or “GDC”) today announced that it will effect a reverse stock split of its issued and outstanding shares of common stock, par value
The Reverse Stock Split is being implemented pursuant to a resolution of the Board of Directors of GDC on June 16, 2026.
As a result of the Reverse Stock Split, each two hundred fifty (250) pre-split shares of Common Stock will be combined into one (1) share of Common Stock, automatically and without any action by stockholders, without any change in the par value per share. After giving effect to the Reverse Stock Split, the Company’s issued and outstanding shares of Common Stock will be reduced from 1.04 billion to approximately 4.16 million, plus any shares to be issued in exchange for fractional interests.
No fractional shares will be issued as a result of the Reverse Stock Split. Stockholders who would be entitled to a fractional share as a result of the Reverse Stock Split shall have their entitlement rounded up to the nearest whole share. The Reverse Stock Split affects all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's outstanding shares of Common Stock, except for adjustments that may result from the rounding up of fractional shares.
The Company’s transfer agent, Transhare Corporation, will act as the exchange agent. Adjustments made to the Common Stock represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact Transhare Corporation for further information at (303) 662-1112.
About GD Culture Group Limited
GD Culture Group Limited is a Nevada corporation and holding company. The Company is currently undergoing a strategic transition toward leveraging its artificial intelligence and virtual content generation technologies to enter the interactive reading and narrative entertainment market. The Company’s main businesses include AI-driven digital human technology. For more information, please visit the Company's website at https://www.gdculturegroup.com/.
Forward-Looking Statements
This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. Such statements may be, but need not be, identified by words such as "may," "believe," "anticipate," "could," "should," "intend," "plan," "will," "aim(s)," "can," "would," "expect(s)," "estimate(s)," "project(s)," "forecast(s)," "positioned," "approximately," "potential," "goal," "strategy," "outlook" and similar expressions. Examples of forward-looking statements include, among other things, statements regarding assembly and distribution capabilities, decentralized production, and fully digitalized autonomous driving solutions. All such forward-looking statements are based on management's current beliefs, expectations and assumptions, and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed or implied in this communication. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see disclosures contained in the Company’s public filings with the SEC, including the "Risk Factors" in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 27, 2026 and subsequent Quarterly Reports on Form 10-Q that the Company has filed or may file with the SEC, which may be viewed at www.sec.gov.
For more information, please contact:
GD Culture Group Limited
Investor Relations Department
Email: ir@gdculturegroup.com
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com