$GDC

GD Culture Group (Nasdaq: GDC) has received a preliminary, non-binding proposal from a consortium to acquire all outstanding shares at US$10.75 per share in cash, representing a substantial premium of approximately 168.8% over its April 30, 2026 closing price. The Board of Directors will review the proposal and may form a special committee, though there is no assurance that a definitive agreement will be reached or that the transaction will close. The offer comes amidst GDC's recent financial actions, including a share repurchase program and an ATM program, despite a reported net loss in Q1 2026.