GD Culture Group Limited to Reduce Shares from 1.04 Billion to 4.16 Million via 1-for-250 Split
GDC•GD Culture Group will implement a 1-for-250 reverse stock split on June 29, 2026, reducing issued shares from 1.04 billion to approximately 4.16 million and adopting new CUSIP 19200A303. Fractional shares will be rounded up, preserving shareholders’ percentage interests post-split.
1. Reverse Split Details
GD Culture Group Limited’s board approved a one-for-250 reverse stock split of its common stock effective when markets open on June 29, 2026. Post-split shares will trade under the existing Nasdaq symbol but with a new CUSIP number, ensuring continuity of listing.
2. Impact on Share Structure
The reverse split will consolidate 1.04 billion pre-split shares into approximately 4.16 million post-split shares. No fractional shares will be issued; entitlements will be rounded up to the nearest whole share, maintaining each stockholder’s proportional ownership.
3. Strategic Context
The reverse split follows a June 16 board resolution and aligns with GD Culture’s broader strategic transition toward AI-driven digital human technology and virtual content generation for interactive narrative entertainment.
