
GD Culture Group Limited announced it received a preliminary non-binding proposal from a consortium to buy all outstanding shares at $10.75 each, representing a 168.8% premium over the April 30 closing price. The consortium already owns about 9.2% of the company. The Board will review the proposal and may form a special committee to evaluate and negotiate the offer. There is no guarantee the deal will proceed, and the company cautions shareholders about the uncertainties ahead.