GD Culture Enters into Share Exchange Agreement to Acquire Pallas Capital's Assets, Including 7,500 Bitcoin, for 39,189,344 Shares
1. GDC acquired 100% of Pallas Capital, enhancing its crypto asset strategy. 2. The deal includes 7,500 Bitcoin, bolstering GDC's reserves for DeFi. 3. Majority shareholder approval secured for the share issuance required by Nasdaq. 4. GDC aims to capitalize on Bitcoin's role as a store of value. 5. This acquisition is expected to deliver significant value to shareholders.