GD Culture Enters into Share Exchange Agreement to Acquire Pallas Capital’s Assets, Including 7,500 Bitcoin, for 39,189,344 Shares

Core Viewpoint - GD Culture Group Limited has entered into a share exchange agreement to acquire 100% of Pallas Capital Holding Ltd, which includes the acquisition of 7,500 Bitcoin, marking a strategic advancement in its digital asset treasury strategy [1][2][3]. Group 1: Acquisition Details - The company will issue 39,189,344 shares of common stock as part of the acquisition [1]. - The acquisition is aimed at strengthening GDC's reserve portfolio and enhancing its presence in the decentralized finance (DeFi) ecosystem [2]. Group 2: Strategic Implications - The acquisition supports GDC's initiative to build a diversified crypto asset reserve by acquiring high-value digital assets [3]. - The integration of the acquired Bitcoin is expected to position GDC to leverage Bitcoin's role as a store of value and institutional reserve asset [3]. Group 3: Company Background - GD Culture Group Limited operates mainly through its subsidiaries, focusing on AI-driven digital human technology and live-streaming e-commerce [4]. - The company plans to enter the livestreaming market with a focus on e-commerce through its U.S. subsidiary, AI Catalysis [4].