Company Description
Hanryu Holdings, Inc. (NASDAQ: HRYU), now known in SEC filings as Global Interactive Technologies, Inc., is described as a media-tech company and the creator of FANTOO, an all-in-one social media experience connecting K‑culture fans globally. According to multiple company press releases, Hanryu develops and operates the FANTOO platform as a global multi‑media environment where users who share similar interests can interact, appreciate various types of entertainment and cultures, create and consume content, engage in commerce, and participate in a fandom community that the company characterizes as distinctive.
Business focus and platform
The company repeatedly states that its core business centers on FANTOO, which it calls an engaging social media platform for K‑culture fandom. Through FANTOO, Hanryu provides technologies, applications and websites that allow users to connect with like‑minded fans, share user‑generated content, and take part in fandom‑driven activities. Press releases highlight that FANTOO is positioned as a global fandom platform, with users around the world who are enthusiastic about Hallyu content and fan culture.
Hanryu describes FANTOO as offering a multi‑media experience that combines content sharing, community interaction and commerce. Within this ecosystem, users can create their own content, enjoy other users’ content, and participate in events and promotional activities that are organized around K‑culture themes and partnerships. The company also references the use of company‑owned characters, such as DeokGom, as part of its media and promotional activities on the platform.
K‑culture fandom and partnerships
Company news emphasizes Hanryu’s focus on K‑culture fandom and collaborations. For example, Hanryu has announced a promotional partnership with Korean cosmetic company Nature Republic to conduct promotion, planning, advertising and sales activities via FANTOO, using characters such as DeokGom and co‑branded products and events. Hanryu has also highlighted a sponsorship relationship with the Asia Model Festival, describing its role as a major sponsor and noting that the festival’s events are used to promote the FANTOO brand and expand the user base related to the “Fandom of Asia Model.”
In another release, Hanryu describes the selection of MZ generation users with strong passion for K‑culture as “Global Supporters” for FANTOO. These supporters participate in marketing and promotional activities, including planning and creating promotional content, developing promotional strategies, analyzing app usage and proposing activation methods. The company states that this program is intended to enhance user personalization on FANTOO and to inform the direction of the global fandom platform by incorporating supporter feedback.
Technology features and AI initiatives
Hanryu characterizes itself as a media‑tech company and has announced several technology‑oriented initiatives related to FANTOO. The company reported launching version 2.0 of the FANTOO app, which it says included enhanced user experience and interface, along with significantly enhanced chat functionality. It also announced the launch of a personalized artificial intelligence assistant, DeokGom, on FANTOO as a paid‑for service using FANIT and FANTOO POINT (FP). According to the company, AI DeokGom interacts with users, provides customized services and various Hanryu information, and is powered in part by technology such as ChatGPT and Goover AI through a partnership with SALTLUX.
Hanryu has further disclosed a strategic partnership with AISUL, described as a company specializing in AI and the developer of the digital female singer “Lusia.” The company states that this partnership aims to create and integrate a three‑dimensional, AI‑generated digital human into FANTOO. These initiatives are presented in company communications as part of an effort to incorporate artificial intelligence into the platform and to enhance the user experience for fandom communities.
Additional platform‑related activities
Press releases also describe other FANTOO‑related activities. Hanryu has announced the launch of FANTOO House, which it describes as a professional studio rental service for a diverse range of creative activities intended to foster K‑culture creativity, support content creation and generate revenue through rental fees. The company has highlighted collaborations to sell products such as Dr. Clo branded items using FANTOO digital characters, and a strategic partnership agreement with Ameridge Corp., owner of the Papaya women’s clothing line, to distribute FANTOO‑branded merchandise through Papaya stores in the United States.
In addition, Hanryu has publicized engagement events such as a real‑life adaptation of “Squid Play (Ojingeo Nori)” hosted on the FANTOO application, with a stated prize pool, and activities tied to the Asia Model Festival, including flash mob video shoots and voting through the FANTOO app. These examples illustrate how the company uses events and collaborations to promote the FANTOO brand and to encourage user engagement within its fandom‑oriented ecosystem.
Public listing and corporate developments
Hanryu Holdings completed an initial public offering on the Nasdaq stock market, with the company noting that it became a Korean startup listed on the U.S. Nasdaq exchange. The company’s common stock has traded under the symbol HRYU on Nasdaq, and later SEC filings identify the registrant as Global Interactive Technologies, Inc., with common stock trading under the symbol GITS on The Nasdaq Capital Market. Company communications describe events such as ringing the Nasdaq opening bell to celebrate the IPO.
Subsequent SEC filings report that Hanryu Holdings, Inc. is now known as Global Interactive Technologies, Inc., and that the common stock is registered under the symbol GITS. Filings also discuss matters such as an administrative fine imposed by the Securities and Futures Commission in Korea related to a prior offering, the company’s appeal of that sanction, and changes in management and control following the IPO. These filings provide regulatory and historical context for the company’s capital‑markets activities and governance developments.
Regulatory and listing considerations
Company press releases note that Hanryu has received delinquency compliance alert notices from Nasdaq regarding the timing of certain periodic SEC filings, including its Annual Report on Form 10‑K for the year ended December 31, 2023 and subsequent Quarterly Reports on Form 10‑Q. The company has stated its intention in these releases to submit plans to regain compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of required periodic reports. These notices relate to continued listing requirements on Nasdaq and are part of the company’s disclosed regulatory interactions.
Summary
Overall, based on company disclosures, Hanryu Holdings (now referenced in SEC documents as Global Interactive Technologies, Inc.) is focused on operating the FANTOO platform as a K‑culture fandom‑oriented social media and multi‑media environment. Its public communications emphasize user interaction around entertainment and culture, the integration of AI‑based features and digital characters, collaborations with brands and cultural events, and its status as a Nasdaq‑listed issuer subject to U.S. and Korean regulatory frameworks.