SEC Contract Filing

Filing Date: 2025-03-07

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>ea023314001ex10-2_gdculture.htm
<DESCRIPTION>PLACEMENT AGENCY AGREEMENT, DATED MARCH 4, 2025, BY AND BETWEEN GD CULTURE GROUP LIMITED. AND UNIVEST SECURITIES, LLC
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PLACEMENT AGENCY AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">March 4, 2025</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Univest Securities, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">75 Rockefeller Plaza #1838<BR>
New York, NY 10019</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>Introductory</B>. This
Placement Agency Agreement the (&ldquo;<B>Agreement</B>&rdquo;) sets forth the terms upon which Univest Securities, LLC, (&ldquo;<B>Univest</B>&rdquo;
or the &ldquo;<B>Placement Agent</B>&rdquo;) shall be engaged by GD Culture Group Limited, a corporation formed under the laws of the
State of Nevada (the &ldquo;<B>Company</B>&rdquo;), to act as the exclusive Placement Agent in connection with the private placement (hereinafter
referred to as the &ldquo;<B>Offering</B>&rdquo;) of securities of the Company, as more fully described below. Capitalized terms used
but not defined in this Agreement shall have the meaning ascribed to them in the Securities Purchase Agreement (defined below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Offering will consist
of an aggregate of (i) $1,000,000 shares (the &ldquo;<B>Shares</B>&rdquo;) of the Company&rsquo;s common stock, $0.0001 par value per
share (the &ldquo;<B>Common Stock</B>&rdquo;). Each person desiring to purchase Shares in the Offering will be required to (i) execute
and deliver to the Company a fully completed Securities Purchase Agreement; and (ii) transmit the full amount of the purchase price of
the Shares subscribed for to the Company, in accordance with the instructions agreed by parties, unless the Company and the Investors
agree to wire transfer to a separate account specified in writing between the parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Shares will be offered
and sold to the Investors (as defined below) in the Offering pursuant to the exemption from the registration requirements of the Securities
Act of 1933, as amended, and the rules and regulations of the Securities and Exchange Commission (the &ldquo;<B>Commission</B>&rdquo;)
thereunder (collectively, the &ldquo;<B>Securities Act</B>&rdquo;), in reliance upon Section 4(a)(2) of the Securities Act and Rule 506(b)
of Regulation D promulgated by the Commission under the Securities Act (&ldquo;<B>Regulation D</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The term of the Placement
Agent&rsquo;s exclusive engagement will be until the earlier of (i) March 31, 2025 and (ii) the completion and consummation of the Offering
(the &ldquo;<B>Offering Period</B>&rdquo;). The date on which the engagement terminates as referenced in the prior sentence shall be referred
to as the &ldquo;<B>Termination Date</B>.&rdquo; Notwithstanding anything to the contrary contained herein, the provisions concerning
indemnification and contribution contained herein and the Company&rsquo;s obligations contained in the indemnification provisions will
survive any expiration or termination of this Agreement, and the Company&rsquo;s obligation to pay fees actually earned and payable and
to reimburse expenses actually incurred and reimbursable pursuant to&nbsp;<U>Section 1</U>&nbsp;hereof and which are permitted to be reimbursed
under Rule 5110(f)(2)(D) of the Financial Industry Regulatory Authority (&ldquo;<B>FINRA</B>&rdquo;), will survive any expiration or termination
of this Agreement. The Company may hold the closing at any time after the conditions to closing have been satisfied or, where legally
permissible, waived (the &ldquo;<B>Closing</B>&rdquo;). Nothing in this Agreement shall be construed to limit the ability of the Placement
Agent or its Affiliates to pursue, investigate, analyze, invest in, or engage in investment banking, financial advisory or any other business
relationship with Persons (as defined below) other than the Company. As used herein (i) &ldquo;<B>Person</B>&rdquo; means an individual
or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock
company, government (or an agency or subdivision thereof) or other entity of any kind and (ii) &ldquo;<B>Affiliate