
SplitJun 25, 2026, 08:32 AM
GD Culture Group Announces 1-for-250 Reverse Stock Split
AI Summary
GD Culture Group Ltd (GDC) announced a one-for-two hundred fifty reverse stock split of its common stock, effective when the market opens on June 29, 2026. This action, approved by the Board of Directors, will reduce the company's issued and outstanding shares from 1.04 billion to approximately 4.16 million. Stockholders entitled to fractional shares will have their entitlement rounded up to the nearest whole share, and the split will not alter percentage ownership, except for these adjustments.
Key Highlights
- Announced a one-for-two hundred fifty reverse stock split.
- Common Stock will begin trading on a post-split basis on June 29, 2026.
- Outstanding shares will be reduced from 1.04 billion to approximately 4.16 million.
- Fractional shares will be rounded up to the nearest whole share.
- New CUSIP number for the Common Stock is 19200A303.
Price Impact
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