Thomas Corley holds 9.0M shares in GD Culture (NASDAQ: GDC)
Rhea-AI Filing Summary
GD Culture Group Ltd reports that Thomas Corley beneficially owns 9,001,000 shares of Common Stock, representing 14.8% of the class. The percentage is based on 60,759,711 shares outstanding as of April 10, 2026, per the company’s reported figure.
The filing is an Amendment No. 1 to a Schedule 13G/A and is signed by Thomas Corley on 06/23/2026. The disclosure shows sole voting and dispositive power over the reported shares.
Positive
- None.
Negative
- None.
Insights
Large passive stake disclosed with sole voting control; governance implications depend on holder intent.
The filing shows 9,001,000 shares (14.8%) held with sole voting and dispositive power by Thomas Corley as of the amendment. A Schedule 13G/A typically signals a passive investor but sole voting control is notable.
Whether this affects board engagement or voting outcomes depends on the holder's intentions and any changes in holdings; subsequent filings may clarify any active intent or plans.
Disclosure aligns with Section 13 reporting; document clarifies percent and outstanding share base.
The amendment cites a shares-outstanding base of April 10, 2026 and states sole power to vote and dispose of 9,001,000 shares. The signature date is 06/23/2026.
Filing completeness hinges on whether additional schedules (e.g., 13D) become necessary if the holder shifts from passive to active; current excerpt shows no such conversion language.
Key Figures
Key Terms
beneficially owned regulatory
Schedule 13G/A regulatory
sole dispositive power regulatory
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