Global Interactive Technologies Secures Up to $18 Million Strategic Capital Facility to Support Growth Initiatives

Global Interactive Technologies (NASDAQ: GITS) entered a strategic equity purchase facility providing up to $18 million in on-demand capital from Hudson Global Ventures, LLC announced March 30, 2026.

Rhea-AI Summary

Global Interactive Technologies (NASDAQ: GITS) entered a strategic equity purchase facility providing up to $18 million in on-demand capital from Hudson Global Ventures, LLC announced March 30, 2026.

The facility gives the company discretion on timing and amounts drawn, aiming to support operations, growth initiatives, and development of digital platforms and user engagement.

Positive

• Up to $18 million available under equity purchase facility
• On-demand capital supports funding flexibility and timing
• Proceeds intended to support digital platform development and user engagement

Negative

• Equity purchase facility may result in shareholder dilution if shares are issued

Argus Mar 30 session

-0.88% close to close Open Argus

Details

News Market Reaction – GITS

In the Mar 30 session, GITS declined 0.88%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement outlines a flexible Equity Purchase Agreement of up to $18,000,000, allowing Globa...

Analysis

This announcement outlines a flexible Equity Purchase Agreement of up to $18,000,000, allowing Global Interactive Technologies to sell common stock over time at about 93% of market price. In light of prior filings showing limited cash and significant losses, the facility provides optional liquidity over a 24‑month horizon. Investors may watch how frequently the company issues shares under this agreement and whether the capital supports growth in its digital platforms and user engagement.

Key Figures

Equity facility size: $18,000,000 Purchase price discount: 93% of market price Agreement term: 24 months +5 more

Equity facility size

$18,000,000

Equity Purchase Agreement with Hudson Global Ventures

Purchase price discount

93% of market price

Equity Purchase Agreement pricing formula

Agreement term

24 months

Duration of Equity Purchase Agreement

Ownership cap

4.99%

Maximum ownership by Hudson Global Ventures

Registration statement deadline

60 days

Planned filing window for resale registration statement

Operating loss

$1,781,641

Nine months ended Q3 2025

Cash balance

$36,915

As of Q3 2025

Accumulated deficit

$39,689,008

As of Q3 2025

Historical Context

3 past events · Latest: Feb 02

3 events

1. Feb 02

   Music IP agreement

   24h Move

   +5.8%

   K-pop artist deal expanding music IP and distribution rights.

2. Jan 26

   Theme song deal

   24h Move

   -5.9%

   ATEEZ theme song rights and global distribution strategy announcement.

3. Dec 19

   Platform partnership

   24h Move

   -16.7%

   Faning platform hosting official fan club and virtual fan events.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

equity purchase agreement

1 terms

equity purchase agreement financial

"entered into a strategic capital facility of up to $18 million through an equity purchase agreement"

An equity purchase agreement is a legal contract that sets the terms for buying ownership shares in a company, including the number of shares, price, and any conditions that must be met before the sale closes. For investors it matters because it determines how much ownership and control they gain, how the company’s value and share count change, and what protections or obligations each side has—think of it as the detailed bill of sale and ground rules for a stock purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Global Interactive Technologies, Inc. (NASDAQ: GITS) today announced that it has entered into a strategic capital facility of up to $18 million through an equity purchase agreement with Hudson Global Ventures, LLC.

SEOUL, KR / ACCESS Newswire / March 30, 2026 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the "Company"), an entertainment technology company focused on digital platforms and fan engagement, today announced that it has entered into a strategic capital facility of up to $18 million through an equity purchase agreement with Hudson Global Ventures, LLC.

The facility provides the Company with on-demand access to capital, enabling it to align funding with market conditions and operational priorities while maintaining flexibility in execution. The Company has full discretion over the timing and amount of any capital utilization, subject to the terms of the agreement.

"This transaction represents an important step in strengthening our financial position," said Taehoon Kim, Chief Executive Officer of Global Interactive Technologies. "We now have the ability to access capital as needed, allowing us to support our operations and growth initiatives."

The structure allows the Company to access capital over time, supporting a disciplined approach to funding while preserving strategic optionality. The Company believes this flexible financing framework enhances its ability to pursue value-generating initiatives and respond to market opportunities. The Company expects that the availability of this capital will support the continued development of its digital platforms and user engagement.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company's ability to access capital, anticipated use of proceeds, and future growth initiatives. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The Company undertakes no obligation to update any forward-looking statements except as required by law.

About Global Interactive Technologies, Inc.

Global Interactive Technologies, Inc. (NASDAQ:GITS) is an entertainment technology company focused on developing digital platforms for fan engagement, content distribution, and interactive online experiences.

Company Contact:

Global Interactive Technologies, Inc.
Taehoon Kim
tkc@gitechnologies.com

Investor Contact:

Global Interactive Technologies, Inc.
Taehoon Kim
tkc@gitechnologies.com

SOURCE: Global Interactive Technologies, Inc.

View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the size and nature of the GITS capital facility announced March 30, 2026?

The facility is an equity purchase agreement for up to $18 million, providing on-demand funding. According to the company, it allows draws over time with company discretion on timing and amounts to match market conditions and priorities.

How will the GITS equity facility affect shareholder dilution and capital structure?

The facility could increase outstanding shares if utilized, potentially diluting current shareholders. According to the company, capital is accessed via equity purchases, so dilution depends on the amount and timing of any share issuances under the agreement.

What purposes did Global Interactive Technologies say the $18M facility will support?

The company said the capital will support operations, growth initiatives, and digital platform development. According to the company, availability of funds is intended to enhance user engagement efforts and respond to market opportunities.

Who is the counterparty to GITS's strategic capital facility and when was it announced?

The counterparty is Hudson Global Ventures, LLC, and the agreement was announced on March 30, 2026. According to the company, Hudson provides the equity purchase capacity under the on-demand facility.

Does the GITS facility require the company to draw funds immediately or on a schedule?

No, the company has full discretion over timing and amounts drawn under the agreement. According to the company, this structure enables a disciplined, market‑aligned approach to deploying capital when needed.