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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GD Culture Group Ltd | NASDAQ:GDC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0146 | 2.04% | 0.7299 | 0.7236 | 0.7299 | 0.749 | 0.69 | 0.708 | 38,495 | 23:54:49 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
(Exact name of Company as specified in charter)
(State or other jurisdiction of incorporation) |
(Commission File No.) | (IRS Employer Identification No.) |
(Address of Principal Executive Offices) (Zip code)
(Company’s Telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Item 7.01 Regulation FD Disclosure.
On January 22, 2024, GD Culture Group Limited (the “Company”) issued a press release entitled “GDC’s Exploring the Evolution of AI Influencers: From TikTok Storytelling to Instagram Allure”. A copy of the press release is furnished herewith as Exhibit 99.1.
The information in this Item 7.01 of this Form 8-K is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section. The information in this Item 7.01 of this Form 8-K also shall not be deemed to be incorporated by reference into any filing under the Act or the Securities Exchange Act of 1934, except to the extent that we specifically incorporate it by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
99.1 | Press Release – GDC’s Exploring the Evolution of AI Influencers: From TikTok Storytelling to Instagram Allure | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GD Culture Group Limited | ||
Date: January 24, 2024 | By: | /s/ Xiaojian Wang |
Name: | Xiaojian Wang | |
Title: | Chief Executive Officer, President and Chairman of the Board |
2
Exhibit 99.1
GDC’s Exploring the Evolution of AI Influencers: From TikTok Storytelling to Instagram Allure
NEW YORK, January 22, 2024 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a Nevada holding company currently conducting business through its subsidiary, AI Catalysis Corp. (“AI Catalysis”), today announced the extension of its AI influencers from TikTok to Instagram, marking another significant step in exploring the evolution and application of AI technology in the digital world.
AI influencers are rapidly gaining popularity in the digital sphere. The emerging industry is already estimated to be worth £3.5 billion (approximately US$4.43 billion) and is projected to expand by 26% by 2025. Through its lifelike digital personalities on TikTok and now Instagram, GDC aims to explore this innovative approach by establishing a dynamic, captivating, and omnipresent presence of AI-generated figures across channels, pushing the boundaries of digital influence on social media.
Currently, GDC has introduced 8 active AI influencer accounts featuring synthetic characters with unique identities and complex personalities on Instagram. All account content is generated entirely by AI tools such as Stable Diffusion, which content creators use to produce hyper-realistic images. Based on their adept understanding of the Stable Diffusion model, the Company’s content creators render AI-generated figures with customized appearance and behavior through fine-tuned interplay of parameters. The high level of personalization aligns with the objective of the strategic initiative, carves out a niche area in the digital world, and allows for a targeted marketing approach that resonates with a diverse audience.
Mr. Xiaojian Wang, Chairman and Chief Executive Officer of the Company, commented, “We are pleased to announce the progress of our initiative to apply AI influencers to another social platform. The advancement of the initiative showcases the progress of our AI technology and the expansion of our target market. The unique nature of the influencers has the potential to be associated with specific brand value, offering monetization opportunities together with their broad appeal. We have been focusing on personalized digital content creation to capitalize increasingly on these AI influencers, given their large followings and impressive performance.”
About GD Culture Group Limited
GD Culture Group Limited (the “Company”) (Nasdaq: GDC), is a Nevada holding company currently conducting business through its subsidiaries, AI Catalysis Corp. (“AI Catalysis”). The company plans to enter into the livestreaming market with focus on e-commerce and livestreaming interactive games through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada corporation incorporated in May 2023. The Company’s main businesses include AI-driven technology, live-streaming e-commerce business and live streaming interactive game. For more information, please visit the Company’s website at https://www.gdculturegroup.com/.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For investor and media inquiries, please contact:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
Cover |
Jan. 22, 2024 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Jan. 22, 2024 |
Entity File Number | 001-37513 |
Entity Registrant Name | GD Culture Group Limited |
Entity Central Index Key | 0001641398 |
Entity Tax Identification Number | 47-3709051 |
Entity Incorporation, State or Country Code | NV |
Entity Address, Address Line One | 22F - 810 Seventh Avenue |
Entity Address, City or Town | New York |
Entity Address, State or Province | NY |
Entity Address, Postal Zip Code | 10019 |
City Area Code | +1-347 |
Local Phone Number | 2590292 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, par value $0.0001 |
Trading Symbol | GDC |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
1 Year GD Culture Chart |
1 Month GD Culture Chart |
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