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NASDAQ:GDCG 8 May 2026

GD Culture Group Stock Faces Crucial $10.75 Buyout Test After Wild Nasdaq Swings

GD Culture Group Stock Faces Crucial $10.75 Buyout Test After Wild Nasdaq Swings

JERSEY CITY, N.J., May 8, 2026, 10:13 EDT GD Culture Group Limited is taking a $10.75-per-share all-cash go-private offer to the board, naming three directors—Lei Zhang, Yun Zhang, and Shuaiheng Zhang—to a newly formed special committee after Wealthy Concord Limited and East Valley Technology Limited made their bid. That committee now has authority to bring in independent legal and financial advisers as it weighs the proposal.
8 May 2026
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