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GD Culture Announces Closing of US$2.8 Million Private Placement

NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC) today announced the successful closing of a private placement (the “Transaction”) with certain investor for the purchase and sale of an aggregate of 1,333,334 shares (the “Shares”) of the Company’s common stock, par value 0.0001pershare(theCommonStock),atapurchasepriceof0.0001 per share (the “Common Stock”), at a purchase price of 2.10 per share, pursuant to a securities purchase agreement entered into on October 24, 2025 (the “Agreement”). The ag ...