tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GD Culture Group highlights shareholder value of Pallas Capital acquisition

GD Culture Group (GDC) issued an updated news release regarding the shareholder value created by its recently announced acquisition of Pallas Capital Holding. As disclosed on September 16, 2025, GDC entered into a definitive share exchange agreement to acquire 100% of Pallas Capital’s issued and outstanding ordinary shares in exchange for 39,189,344 newly issued shares of GDC common stock. Through this transaction, 7,500 Bitcoin will be transferred to GDC and held as a long-term digital asset reserve upon closing. Based on the current Bitcoin price of approximately $116,900, the acquired Bitcoin represents an aggregate value of about $876.8 million. This equates to an implied value of approximately 22.37 per share of the Company’s common stock issued for this asset acquisition.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1