GD Culture Announces up to US$100 Million Share Repurchase Program

Core Viewpoint - GD Culture Group Limited has announced a share repurchase program authorizing the repurchase of up to US$100 million worth of its shares within the next 6 months, ending on August 17, 2026, subject to market conditions [1]. Group 1: Share Repurchase Program - The company may repurchase its common stock through open market or privately negotiated transactions, adhering to applicable securities laws and its insider trading policy [2]. - The timing and number of shares to be repurchased will be at management's discretion, influenced by factors such as bitcoin prices, trading volume, market conditions, and the company's working capital requirements [2]. - The board of directors will periodically review the share repurchase program and may authorize adjustments to its terms and size [2]. Group 2: Company Overview - GD Culture Group Limited operates primarily through its subsidiaries, AI Catalysis Corp. and Shanghai Xianzhui Technology Co., Ltd., and is planning to enter the livestreaming market focused on e-commerce [3]. - The company's main business areas include AI-driven digital human technology and live-streaming e-commerce [3].

GD Culture Group-GD Culture Announces up to US$100 Million Share Repurchase Program - Reportify