May 2025 Pre-Funded Warrants
Issued 2025
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
GDC$1.20-1.64%
GD Culture Group Ltd
Sector: Wholesale-Metals & Minerals (No Petroleum)Industry: Electronic Gaming & MultimediaCountry: USExchange: Nasdaq
Mkt Cap:$5M
Float & O/S:
Inst Own:
DilutionScan read 8 of GD Culture Group Ltd's SEC filings and found 3 warrant series, 2 ATM programs, 1 equity line, 3 shelf registrations and 4 completed offerings on file for GDC. The latest dilution event on file is ATM sales on Jun 30, 2026. Analysis updated Aug 27, 2026.
Signal8 Summary
GDC
Zero revenue and negative cash runway
Snapshot
GDC is a tiny micro-cap that has generated zero revenue for the last three fiscal years. FY 2025 reported a net loss of $186.9M against zero sales, and the company has a negative cash runway, meaning it has already burned past its available funds.
What's Happening Right Now
- : Wealthy Concord Limited and East Valley Technology Limited proposed a preliminary non-binding going-private transaction to acquire all outstanding shares for US$10.75 per share in cash.
- : The company launched its AI interactive novel app, Fato, on the Apple App Store for iPhone and iPad users worldwide.
Raise routes on file: active ATM + effective shelf + active equity line · latest dilution event 126 days ago
Overall Risk
Offering Ability
Overhead Supply
Historical
Cash Need
AI dilution summary
The dominant contractual driver and its mechanism, then each further driver ranked.
Latest dilution event
Jun 30, 2026 · ATM Sale
Every warrant, convertible, ATM and shelf, cited to the filing
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$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
Share count and cash history
Shares outstanding, potential dilution and cash over time
Outstanding
Warrant
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
November 2023 Registered Warrants
Shares Underlying
Exercise Price
Outstanding
- Type
- Anti-Dilution
- Cashless Exercise
- Expiration
April 2026 At-the-Market Offering (April 2026 Sales Agreement)
Issued 2026
Total capacity
Sold to date
Remaining capacity
- Sales agent
- Agreement date
- Commission
February 2025 At-the-Market Offering (February 2025 At-The-Market Issuance Sales
Issued 2025
Total capacity
Sold to date
Remaining capacity
- Sales agent
- Agreement date
- Commission
Equity line
Issued 2025
Commitment
Sold to date
Remaining
- Agreement date
- Term ends
- Discount
S-3 shelf registration
Issued 2026
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
S-3 shelf registration
Issued 2024
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
S-3 shelf registration
Issued 2021
Total capacity
Remaining
- Filed
- Effective
- Expires
- Baby shelf
Registered direct offering
Issued 2026
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
ATM block sale
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
PIPE
Issued 2025
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Offering
Issued 2025
Gross proceeds
Price per share
- Shares issued
- Warrant coverage
- Placement agent
Know who's about to sell into your GDC trade
Exercise prices, conversion terms, shelf headroom and the filing sentence behind every number.
$59/mo with 7 days free, or $49/mo billed yearly ($588/yr)
