Welcome to our dedicated page for Global Interactive Technologies news (Ticker: GITS), a resource for investors and traders seeking the latest updates and insights on Global Interactive Technologies stock.
Global Interactive Technologies, Inc. (NASDAQ:GITS) is a media-tech company in the internet content and information space, focused on social media platforms that connect entertainment and culture fans. The company is the creator of FANTOO, described as a global multi-media platform for like-minded users to share appreciation of various types of entertainment and cultures, create and enjoy content, participate in fandom communities, and engage in commerce.
In its more recent announcements, Global Interactive Technologies has also highlighted its Faning platform, which it describes as designed to support direct, official engagement between artists and fans. News about the company has included collaborations where Faning is set to host the official fan club for the K-pop group ICHILLIN', providing a dedicated online space for official content and community activities. The company has also announced that Faning will host virtual fan events with Lee Jae-won of the K-pop group H.O.T. through online fan meetings and interactive sessions.
Investors and followers of GITS can expect news items that cover platform developments, artist and fandom partnerships, and features such as official fan clubs, live streaming, virtual fan interactions, and community engagement tools. In addition, the company has issued multiple press releases related to its Nasdaq listing status, including a 1-for-20 reverse stock split aimed at meeting minimum bid price requirements and subsequent notifications about regaining compliance with Nasdaq’s listing rules.
This news page aggregates such company announcements, including platform-focused updates, fandom collaborations, and regulatory or listing-related disclosures. Readers interested in the intersection of social media, K-culture fandom, and capital markets activity can use this feed to follow Global Interactive Technologies’ public communications over time.
Global Interactive Technologies (NASDAQ:GITS) announced definitive agreements with K-pop star Kang Daniel to produce and perform official theme songs for the animated feature The Legend of MegaRace. GITS acquired ownership of the master recordings and worldwide distribution and usage rights, and will manage global release and commercial rollout across digital and physical platforms. Selected promotional materials will be distributed via Faning, GITS's global fandom platform. The company said these collaborations complement prior agreements and align with its strategy to expand proprietary music IP tied to animation-related content.
Global Interactive Technologies (NASDAQ: GITS) announced an agreement with K-pop group ATEEZ for the official theme song of the animated feature The Legend of MegaRace on January 26, 2026. GITS said it acquired full ownership of the master recordings and worldwide distribution, usage, and commercial exploitation rights for the theme song. The company will manage global release strategies, soundtrack distribution, licensing, and an international promotional campaign using its Faning fandom platform to distribute music and behind‑the‑scenes content.
The deal aligns with GITS's stated strategy to expand proprietary IP across animation and music and pursue scalable monetization through high‑profile artist collaborations.
Global Interactive Technologies (NASDAQ:GITS) announced on December 19, 2025 that its Faning platform will host the official fan club for K-Pop group ICHILLIN' and run virtual fan events featuring artist Lee Jae-won of H.O.T.
Faning will provide official fan club spaces, live streaming, virtual fan interactions, multilingual support, and mobile apps on iOS and Android, with web access in progress. Scheduled online fan meetings and interactive sessions will let fans participate remotely through the Faning platform.
Global Interactive Technologies (NASDAQ:GITS) has received confirmation from Nasdaq's Listing Qualifications Department that it is now in compliance with all listing requirements. The compliance notice was issued on April 30, 2025, following the company's filing of its Form 10-K for the fiscal year ended December 31, 2024.
Global Interactive Technologies (NASDAQ:GITS) has received a delinquency compliance alert from Nasdaq on April 24, 2025. The notice stems from the company's failure to file its Annual Report (Form 10-K) for the year ended December 31, 2024, with the SEC in a timely manner.
This non-compliance with Nasdaq Listing Rule 5250(c)(1) requires immediate attention. The company has been given a 60-day window from the notification date to submit a compliance restoration plan to Nasdaq. Global Interactive Technologies has stated they expect to file the overdue Form 10-K promptly to regain their compliance status.
Global Interactive Technologies (NASDAQ:GITS), the media-tech company behind FANTOO, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq's Listing Qualifications Department on February 10, 2025, that it has met the necessary criteria by maintaining a share price above $1.00 for at least 10 consecutive business days, specifically from January 27 through February 7, 2025. This development ensures GITS will continue to be listed and traded on the Nasdaq exchange, resolving their previous bid price deficiency matter.
Global Interactive Technologies (NASDAQ:GITS), creator of FANTOO, received a determination letter from Nasdaq on February 5, 2025, regarding potential delisting. The company had until February 3, 2025, to meet the minimum bid price requirement of $1.00 per share for at least 10 consecutive business days. Despite implementing a reverse stock split on January 27, 2025, GITS achieved compliance on February 7, 2025, four days after the deadline.
Based on discussions with Nasdaq staff, the company expects confirmation of regained compliance, which would allow its common stock to continue trading on Nasdaq without interruption, eliminating the need for a delisting appeal.
Global Interactive Technologies (NASDAQ:GITS) has announced a 1-for-20 reverse stock split of its common stock, effective January 27, 2025, at 12:01am Eastern Time. This strategic move aims to maintain the company's Nasdaq listing by meeting the $1.00 minimum bid price requirement.
The company issued a correction to their January 22, 2025 press release, clarifying that stockholders entitled to fractional shares will receive cash payments instead of rounded-up shares. Trading will continue under the symbol 'GITS' with a new CUSIP number 411292204.
This decision follows approval from the board of directors on November 20, 2024, and subsequent shareholder approval on December 30, 2024. However, the company notes there is no guarantee of meeting the minimum bid requirement despite this action.
Global Interactive Technologies (NASDAQ:GITS) has announced a 1-for-20 reverse stock split effective January 27, 2025, at 12:01am Eastern Time. The split will automatically reclassify every 20 shares of common stock into one new share, with fractional shares being rounded up.
The company will continue trading on the Nasdaq Capital Market under the symbol 'GITS' with a new CUSIP number 411292204. The primary purpose of this reverse split is to achieve compliance with Nasdaq's $1.00 minimum bid price requirement to maintain listing, though compliance is not guaranteed.
This decision follows board approval on November 20, 2024, and subsequent shareholder approval on December 30, 2024, for a reverse split of up to 1-for-20 shares.