GD Culture Group to Acquire Pallas Capital in Stock Exchange Deal

According to BlockBeats, GD Culture Group Limited, listed on NASDAQ as GDC, has announced a stock exchange agreement with Pallas Capital Holding Ltd. The agreement involves acquiring all outstanding common shares of Pallas Capital, a company registered in the British Virgin Islands. Upon completion of the transaction, GD Culture Group will issue 39,189,344 common shares and acquire all assets of Pallas Capital, including 7,500 Bitcoin (BTC), free from any debts or encumbrances.