UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
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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).
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Item 7.01 Regulation FD Disclosure.
On November 20, 2023, GD Culture Group Limited (the “Company”) issued a press release entitled “GD Culture Group Unveils its Transformative and Photorealistic AI-driven Digital Human Technology on TikTok.” A copy of the press release is furnished herewith as Exhibit 99.1.
On November 21, 2023, the Company issued a press release entitled “GD Culture Group Enters into Memorandum of Understanding with Pier E Media for Expansion into TikTok Agency Business.” A copy of the press release is furnished herewith as Exhibit 99.2.
On November 22, 2023, the Company issued a press release entitled “GD Culture Group’s Portfolio Company DigiTrax Releases its Patented AI Music Production Tool KR38R PRO.” A copy of the press release is furnished herewith as Exhibit 99.3.
The information in this Item 7.01 of this Form 8-K is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section. The information in this Item 7.01 of this Form 8-K also shall not be deemed to be incorporated by reference into any filing under the Act or the Securities Exchange Act of 1934, except to the extent that we specifically incorporate it by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release - GD Culture Group Unveils its Transformative and Photorealistic AI-driven Digital Human Technology on TikTok | |
| 99.2 | Press Release - GD Culture Group Enters into Memorandum of Understanding with Pier E Media for Expansion into TikTok Agency Business | |
| 99.3 | Press Release - GD Culture Group’s Portfolio Company DigiTrax Releases its Patented AI Music Production Tool KR38R PRO | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
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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: November 22, 2023 | By: | /s/ Xiaojian Wang |
| Name: | Xiaojian Wang | |
| Title: | Chief Executive Officer, President and Chairman of the Board | |
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Exhibit 99.1
GD Culture Group Unveils its Transformative and Photorealistic AI-driven Digital Human Technology on TikTok
NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a Nevada holding company currently conducting business through its subsidiaries, AI Catalysis Corp. (“AI Catalysis”), today announced that it has applied cutting-edge AI-driven digital human technology (the “Technology”) to optimize its users’ experience on TikTok.
The Technology is designed to create digital humans with lifelike appearances, facial expressions, and movements seamlessly bridging the gap between reality and the digital world. The remarkably realistic appearances of the digital humans are achieved through high-quality modeling, rendering, and animation. In addition, powered by state-of-the-art natural language processing (“NLP”) and machine learning, the Technology features with strong personal traits, accurate facial animation, perfect lip synchronization, emotional expression, and speech synthesis of digital humans.
In response to the burgeoning demand within the digital landscape, AI Catalysis generates lifelike digital humans tailored for digital human live-streaming e-commerce and virtual anchors, creating innovative digital characters. In the first phase of the deployment, AI Catalysis applies the Technology to create a digital human IP matrix. A total of 30 virtual anchors have been created and are now live on TikTok. The visually appealing anchors have unique appearances, personalities, and voices, which are expected to provide value to their viewers and followers with informative, entertaining, and inspiring content. All video content creation will adhere to AI technology’s ethical standards, ensuring that the content is constructive, positive, and conveys effective information. The current enriched content covers a variety of categories, including financial and tech information, travel tips, and brand discovery. A consistent flow of short videos featuring the virtual anchors is being uploaded across 30 TikTok accounts. Virtual anchors can also represent brands and products with customized content and distinct personality. They can be seamlessly integrated with a brand’s social marketing and e-commerce strategy. This initiative aims to build and maintain a strong online presence for digital humans and accelerate AI Catalysis’s deployment for digital humans. Upon widespread deployment, digital humans will transform the business and media landscape.
AI Catalysis is also dedicated to developing, creating, and sharing generative virtual human content. Here is the 36-second video sample of a digital human developed by AI Catalysis. https://youtube.com/shorts/IWTIfsh-YfY?feature=share
About GD Culture Group Limited
GD Culture Group Limited (the “Company”) (Nasdaq: GDC), is a Nevada holding company currently conducting business through its subsidiaries, AI Catalysis Corp. (“AI Catalysis”). The company plans to enter into the livestreaming market with focus on e-commerce and livestreaming interactive games through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada corporation incorporated in May 2023. The Company’s main businesses include AI-driven digital human technology, live-streaming e-commerce business and live streaming interactive game. For more information, please visit the Company’s website at https://www.gdculturegroup.com/.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For investor and media inquiries, please contact:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
Exhibit 99.2
GD Culture Group Enters into Memorandum of Understanding with Pier E Media for Expansion into TikTok Agency Business
NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a Nevada holding company conducting business through its subsidiaries AI Catalysis Corp. (“AI Catalysis”), today announced the signing of a Memorandum of Understanding (the “MOU”) between AI Catalysis and Pier E Media, a leading influencer agency that connects brands with influential content creators, to expand its agency business on TikTok. The collaboration marks GDC’s strategic expansion into TikTok agency business, which is critical in boosting the Company’s performance in eCommerce and game live streaming sectors and strengthening its connections with TikTok content creators.
Pursuant to the MOU, AI Catalysis and Pier E Media shall act as the Movement directors. Additionally, Pier E Media grants the rights to AI Catalysis to utilize its agency license and TikTok accounts.
The signing of the MOU is essential to the AI Catalysis’s talent acquisition and business expansion. The partnership incorporates a system for talents recruitment and nurturing, which paves the way for building a diverse pool of talented TikTok content creators to invigorate AI Catalysis’s content creator community. Consequently, AI Catalysis is in a better position to provide a wide array of engaging content, injecting impetus to the growth of its eCommerce and game live-streaming operations.
The cooperation also aims to deepen the relationship between AI Catalysis and its creators through the offering of its specialized services. AI Catalysis is committed to catering to the needs and requirements of the creators across the board, with a comprehensive provision of services including technical support, eCommerce operation, supply chain integration, platform expertise, and monetization opportunities. In particular, AI Catalysis focuses on fostering closer connections between its creators and their audience, by empowering the content creators with AI Catalysis’s AI Digital Human avatars technology. This technology aims to enhance content personalization and quality.
Mr. Xiaojian Wang, Chairman and Chief Executive Officer of the Company, expressed his enthusiasm for the collaboration: “We are excited to announce our partnership with Pier E Media, which not only positions us as a premier TikTok agency but also underscores our commitment to nurturing stronger relationships with creators. This collaboration showcases our dedication to reshaping influencer marketing and empowering TikTok content creators. We are dedicated to providing creators with the tools they need to excel in the digital landscape.”
About Pier E Media
Pier E Media was established in 2017, and our core team consists of professionals from top domestic and international e-commerce and talent agency companies, including Douyin/TikTok. We have rich experience in talent management and channels. Pier E Media is dedicated to helping brands with integrated overseas digital platform marketing. Our team can provide end-to-end services such as account incubation, influencer collaborations, and ecommerce operations, aiming to maximize client benefits. Website: https://www.pieremedia.com/
About AI Catalysis
AI Catalysis is a leading digital marketing and AI technology company dedicated to empowering creators and influencers to excel in the digital space. With a focus on innovation and cutting-edge solutions, the company is committed to driving excellence in influencer marketing, ecommerce, and game livestreaming while nurturing stronger relationships with creators. For more information, please visit AI Catalysis’s website at: https://aicatalysis.com/.
About GD Culture Group Limited
GD Culture Group Limited (the “Company”) (Nasdaq: GDC), is a Nevada holding company currently conducting business through its subsidiaries, AI Catalysis Corp. (“AI Catalysis”). The company plans to enter into the livestreaming market with focus on e-commerce and livestreaming interactive games through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada corporation incorporated in May 2023. The Company’s main businesses include AI-driven digital human technology, live-streaming e-commerce business and live streaming interactive game. For more information, please visit the Company’s website at https://www.gdculturegroup.com/.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For investor and media inquiries, please contact:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
Exhibit 99.3
GD Culture Group’s Portfolio Company DigiTrax Releases its Patented AI Music Production Tool KR38R PRO
NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a Nevada holding company conducting business through its subsidiaries AI Catalysis Corp. (“AI Catalysis”), today announced that its portfolio company, DigiTrax Entertainment, Inc., (“DigiTrax”), a music company at the forefront of transforming the music industry by pioneering the use of artificial intelligence (AI) solutions, has released its first AI music production software plugin tool, KR38R PRO (“Creator”). The launch heralds the release of a serious of DigiTrax’s patented AI-powered products, with a vision to leverage the technology to reshape the future of music, revolutionize music creation, and redefine music experiences.
After seven years of dedicated efforts in human-AI collaboration, KR38R PRO is built upon a total of seven DigiTrax’s patents on AI-powered music composition to provide instantaneous creative possibilities to songwriters and musicians. The Creator has been trained on music theory to fully understand the music language of songwriters and musicians. It is equipped with essential parameters such as key, chord sequences, beats per bar, and more to prompt the composition engine. KR38R PRO seamlessly integrates into existing creation workflows and is compatible with many leading digital audio workstations, including Pro Tools, Ableton, Cubase, and FL Studio.
KR38R PRO empowers musicians by streamlining the composition process while ensuring complete control over their productions. Based on its tiered subscription service, Creator makes the whole production process easier with the offering of its add-on downloadable STUDIO and SOUND PACKS featuring full session files, instruments, sounds, MIDI, and presets for Hip-Hop, EDM, Pop, and Country genres.
Mr. Xiaojian Wang, Chairman and Chief Executive Officer of the Company, commented, “We’re proud to announce the launch of DigiTrax’s latest product KR38R PRO, which showcasing our commitment to exploring new frontiers in AI-driven technologies. KR38R PRO aims to empower users in today’s highly competitive music industry by expediting their creative process. The application of this state-of-the-art technology is expected to have revolutionary impact to the industry, unleashing enormous possibilities and values for artists and labels. The launch of KR38R PRO signifies the start of a series of DigiTrax’s patented AI-empowered music technology releases. We anticipate unveiling more products in 2023 and 2024. We believe that this series of products will cater to the needs of established artists, music stakeholders and entertainment technophiles, strengthen the competitiveness of our users in the ever-evolving entertainment industry, and create substantial value for our shareholders.”
About GD Culture Group Limited
GD Culture Group Limited (the “Company”) (Nasdaq: GDC), is a Nevada holding company currently conducting business through its subsidiaries, AI Catalysis Corp. (“AI Catalysis”). The company plans to enter into the livestreaming market with focus on e-commerce and livestreaming interactive games through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada corporation incorporated in May 2023. The Company’s main businesses include AI-driven digital human technology, live-streaming e-commerce business and live streaming interactive game. For more information, please visit the Company’s website at https://www.gdculturegroup.com/.
About DigiTrax Entertainment, Inc.
DigiTrax Entertainment, Inc. is a music technology company that uses artificial intelligence to develop new ways of creating and experiencing music. The company has developed a patented AI process that leverages evolutionary algorithms trained on music theory as the key innovation of the KR38R platform. The platform leverages AI for new music creation and to help artists and music labels unlock additional value from existing content. DigiTrax Entertainment, Inc. is currently participating in the NVIDIA Inception and Intel AI Partner Programs. https://digitrax.ai/
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For investor and media inquiries, please contact:
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
Cover |
Nov. 20, 2023 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Nov. 20, 2023 |
| Entity File Number | 001-37513 |
| Entity Registrant Name | GD Culture Group Limited |
| Entity Central Index Key | 0001641398 |
| Entity Tax Identification Number | 47-3709051 |
| Entity Incorporation, State or Country Code | NV |
| Entity Address, Address Line One | 22F - 810 Seventh Avenue |
| Entity Address, City or Town | New York |
| Entity Address, State or Province | NY |
| Entity Address, Postal Zip Code | 10019 |
| City Area Code | +1-347 |
| Local Phone Number | 2590292 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock, par value $0.0001 |
| Trading Symbol | GDC |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |
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