GD Culture Highlights Shareholder Value of Pallas Capital Acquisition: 7,500 Bitcoin Equals Approximately $22.37 of BTC Per Share

Core Viewpoint - GD Culture Group Limited has announced the acquisition of Pallas Capital Holding Ltd, which is expected to enhance shareholder value significantly through the addition of Bitcoin reserves [1][2]. Acquisition Details - GDC entered into a definitive share exchange agreement to acquire 100% of Pallas Capital's ordinary shares in exchange for 39,189,344 newly issued shares of GDC common stock [2]. - The transaction includes the transfer of 7,500 Bitcoin to GDC, which will be held as a long-term digital asset reserve upon closing [2]. Financial Implications - The current Bitcoin price is approximately $116,900, making the acquired Bitcoin worth about $876.8 million [3]. - This acquisition implies a value of approximately $22.37 per share of the Company's common stock issued for this asset acquisition [3]. Strategic Positioning - The acquisition strengthens GDC's balance sheet and positions the company among the top 15 publicly traded companies with the largest Bitcoin treasury reserves [4]. - The company plans to leverage blockchain and decentralized finance (DeFi) solutions to further enhance shareholder value in the future [4]. Company Overview - GD Culture Group Limited operates mainly through its subsidiaries, focusing on AI-driven digital human technology and live-streaming e-commerce [4]. - The company aims to enter the livestreaming market with a focus on e-commerce through its wholly owned U.S. subsidiary, AI Catalysis [4].