GD Culture Group Limited announced a 1-for-250 reverse stock split of its common and preferred stock, effective for trading purposes at the market opening on June 29, 2026. This adjustment reduced the total number of issued and outstanding shares from approximately 1.04 billion to approximately 4.16 million. The company operates in the digital culture and digital content creation industry.

GD Culture Group Limited completed a registered direct offering on June 24, 2026, issuing 259,301,306 shares of common stock at $0.021 per share. The offering generated approximately $5.45 million in gross proceeds, intended for working capital and general corporate purposes. Univest Securities, LLC served as the sole placement agent, receiving a 7.0% cash fee. Additionally, the company received a notification from Nasdaq on June 22, 2026, regarding a minimum bid price deficiency after its stock closed below $1.00 for 30 consecutive business days. The company has until December 21, 2026, to regain compliance, potentially through a reverse stock split. GD Culture Group Limited is a media and entertainment company.