US Stock Market Move | Subsidiary receives a $3 million strategic investment from Weigang Technology, GCL Global (GCL.US) rises over 2.8%

On Friday, GCL Global (GCL.US), which focuses on the distribution and operation of electronic games and entertainment content, saw its stock price rise by more than 2.8%, reaching $1.245 as of the time of writing. In terms of news, the company announced today that its publishing subsidiary, 4Divinity Pte. Ltd., has received a $3 million strategic investment from ADATA Technology. According to the announcement, ADATA will acquire approximately 1.2% of 4Divinity's shares. This investment is seen as an important step for both parties to deepen cooperation in the gaming and technology ecosystem, providing additional support for 4Divinity's game distribution and content layout, and further consolidating GCL Global's expansion strategy in the global entertainment industry.