GD Culture Group Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

GD Culture Group (Nasdaq:GDC) received a Nasdaq notice on June 22, 2026 for not meeting the $1.00 minimum bid price under Listing Rule 5550(a)(2), after 30 consecutive business days below that level from May 7–June 18, 2026.

Rhea-AI Summary

GD Culture Group (Nasdaq:GDC) received a Nasdaq notice on June 22, 2026 for not meeting the $1.00 minimum bid price under Listing Rule 5550(a)(2), after 30 consecutive business days below that level from May 7–June 18, 2026.

The company has 180 days, until December 21, 2026, to regain compliance by achieving at least $1.00 closing bid for 10 consecutive business days. Business operations are not currently affected, and options under review include a potential reverse stock split.

Positive

• 180-day compliance period granted until December 21, 2026
• Compliance can be regained with 10 consecutive days at or above $1.00
• Business operations currently unaffected by Nasdaq notice
• Potential eligibility for additional compliance period if other listing standards are met

Negative

• Noncompliance with Nasdaq $1.00 minimum bid price requirement
• 30 consecutive business days below $1.00 between May 7 and June 18, 2026
• Risk of Nasdaq Capital Market delisting if compliance is not regained
• Company may need to implement a reverse stock split to cure deficiency

Argus Jun 24 session

+3.35% close to close Open Argus

Details

News Market Reaction – GDC

In the Jun 24 session, GDC gained 3.35%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights a Nasdaq minimum bid‑price deficiency and a 180‑day cure window, during...

Analysis

This announcement highlights a Nasdaq minimum bid‑price deficiency and a 180‑day cure window, during which GDC may consider options such as a reverse split; investors will watch progress toward the US$1.00 threshold and any listing‑related updates.

Key Figures

Nasdaq minimum bid: US$1.00 per share Deficiency period: 30 consecutive business days Initial cure window: 180 calendar days +2 more

Nasdaq minimum bid

US$1.00 per share

Nasdaq Listing Rule 5550(a)(2) requirement

Deficiency period

30 consecutive business days

Period below US$1.00 triggering non‑compliance

Initial cure window

180 calendar days

Time allowed to regain compliance, until December 21, 2026

Compliance trading requirement

10 consecutive business days

Minimum period with bid at or above US$1.00

Deficiency measurement window

May 7, 2026 to June 18, 2026

30‑day period Nasdaq used to assess bid price

Historical Context

5 past events · Latest: May 06

5 events

1. May 06

   Special committee formed

   24h Move

   -79.3%

   Board formed special committee to evaluate going‑private proposal.

2. May 05

   Going‑private proposal

   24h Move

   +22.2%

   Consortium submitted preliminary non‑binding US$10.75 per share cash offer.

3. Apr 29

   AI app launch

   24h Move

   -14.6%

   Launch of Fato AI interactive novel app on Apple App Store.

4. Feb 25

   Bitcoin sales for buyback

   24h Move

   +24.0%

   Board authorized Bitcoin sales to fund share repurchase program.

5. Feb 18

   Buyback authorization

   24h Move

   +13.4%

   Board approved share repurchase program of up to US$100 million.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

nasdaq listing rules 5550(a)(2), nasdaq capital market, reverse stock split

3 terms

nasdaq listing rules 5550(a)(2) regulatory

"not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules 5550(a)(2)"

Nasdaq Listing Rule 5550(a)(2) is a Nasdaq Capital Market standard that sets a minimum share-price requirement companies must meet to list their common stock on that market. Think of it as a minimum entrance score for a club: if a stock trades below the required price, the company can face warnings or removal, which matters to investors because it affects liquidity, tradability and perceptions of company stability.

nasdaq capital market regulatory

"The Notification Letter does not impact the Company’s listing on the Nasdaq Capital Market at this time."

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

reverse stock split financial

"including by effecting a reverse stock split, if necessary."

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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JERSEY CITY, N.J., June 24, 2026 (GLOBE NEWSWIRE) -- GD Culture Group Limited (Nasdaq: GDC) (the “Company” or “GDC”) today announced that the Company had received a written notification letter (the “Notification Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on June 22, 2026, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules 5550(a)(2) for continued listing on the Nasdaq.

Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days from May 7, 2026 to June 18, 2026, the Company no longer meets the minimum bid price requirement.

The Notification Letter does not impact the Company’s listing on the Nasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until December 21, 2026, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company’s common stock must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by December 21, 2026, the Company may be eligible for additional time to regain compliance or may face delisting. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during such compliance period, including by effecting a reverse stock split, if necessary.

The Company’s business operations are not currently affected by the receipt of the Notification Letter. The Company is monitoring the closing bid price of its common stock and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse stock split of its outstanding common stock, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.

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. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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

FAQ

What did GD Culture Group (Nasdaq:GDC) announce about its Nasdaq minimum bid price on June 24, 2026?

GD Culture Group announced it is not in compliance with Nasdaq’s $1.00 minimum bid price requirement. According to GD Culture Group, the closing bid was below $1.00 for 30 consecutive business days between May 7 and June 18, 2026.

How long does GD Culture Group (GDC) have to regain Nasdaq minimum bid price compliance?

GD Culture Group has 180 calendar days, until December 21, 2026, to regain compliance. According to GD Culture Group, its stock must close at or above $1.00 for at least 10 consecutive business days within this compliance period.

What happens if GD Culture Group (GDC) does not meet Nasdaq’s $1.00 bid requirement by December 21, 2026?

If compliance is not restored by December 21, 2026, GD Culture Group may face delisting. According to GD Culture Group, it could also be eligible for additional time if other Nasdaq Capital Market initial listing standards are satisfied.

Is GD Culture Group’s business operation affected by the Nasdaq minimum bid price notice?

The company states that its business operations are not currently affected by the Nasdaq notice. According to GD Culture Group, the notification only relates to listing requirements for its common stock on the Nasdaq Capital Market.

What steps might GD Culture Group (GDC) take to regain Nasdaq bid price compliance?

GD Culture Group is monitoring its closing bid price and evaluating available options. According to GD Culture Group, these options may include implementing a reverse stock split of its outstanding common stock to help meet the $1.00 minimum bid price requirement.

What Nasdaq rules apply to GD Culture Group’s (GDC) minimum bid price deficiency?

The deficiency relates to Nasdaq Listing Rule 5550(a)(2), requiring a $1.00 minimum bid price. According to GD Culture Group, Rule 5810(c)(3)(A) defines the deficiency after 30 consecutive business days below $1.00 and provides the 180-day compliance period.