false
0001641398
0001641398
2025-06-27
2025-06-27
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
June 27, 2025
GD Culture Group Limited
(Exact name of Company as specified in charter)
Nevada |
|
001-37513 |
|
47-3709051 |
(State or other jurisdiction
of incorporation) |
|
(Commission File No.) |
|
(IRS Employer
Identification No.) |
22F - 810 Seventh Avenue,
New York, NY 10019
(Address of Principal Executive Offices) (Zip
code)
+1-347- 2590292
(Company’s Telephone number, including
area code)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions (see General Instruction
A.2. below):
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
Common Stock, par value $0.0001 |
|
GDC |
|
Nasdaq Capital Market |
Item 5.02 Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 27, 2025, GD Culture Group Limited (the
“Company”) entered into an employment agreement (the “Employment Agreement”) with Zihao Zhao, the Chief Financial
Officer (the “Executive”) of the Company, which replaces and supersedes the Executive’s prior employment agreement dated
as of April 21, 2023 (the “Prior Agreement”).
The commencement date (as defined in the Employment
Agreement) is May 15, 2025.
The Employment Agreement is substantially similar
to the Prior Agreement except the annual base salary is now increased to one hundred thousand dollars ($100,000.00).
The foregoing summary of the Employment Agreement
does not purport to be complete, and is qualified in its entirety by the full text of the Employment Agreement, which is attached to this
Form 8-K as Exhibit 10.1 and incorporated herein by reference.
The information contained in this Current Report
on Form 8-K of the Company, is hereby incorporated by reference into the Company’s Registration Statement on Form F-3 (File No.
333-279141) and Registration Statement on Form S-8 (File No. 333-252790).
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
|
Description |
10.1 |
|
Employment Agreement between GD Culture Group Ltd. and Zihao Zhao dated June 27, 2025 |
104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL
Document) |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
|
GD Culture Group Limited |
|
|
Date: July 3, 2025 |
By: |
/s/ Xiaojian Wang |
|
Name: |
Xiaojian Wang |
|
Title: |
Chief Executive Officer, President and
Chairman of the Board of Directors |
2