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The Glimpse Group, Inc. (GGRP) reported that it has filed a Nevada Certificate of Amendment to change its corporate name to Brightline Interactive, Inc., effective at 12:01 a.m. Eastern Time on August 20, 2026. The company states that the amendment does not affect voting or other rights of its common stock, and existing shares remain valid and transferable. The stock will continue to trade on The Nasdaq Capital Market, with the ticker changing from GGRP to BTLN, and the CUSIP will remain the same.
Management explains that the rebrand reflects a shift from a portfolio structure to a focused technology company built around Brightline and its SpatialCore interoperability platform for “Physical AI.” Since June 1, 2026, the new leadership and board have pursued divestitures of non-core subsidiaries, expanded government and commercial revenue opportunities, and developed strategic technology partnerships, including a relationship with autonomous drone software company Swarmer. The company discloses a government integration opportunity pipeline it believes exceeds $100 million, while indicating its current capacity allows it to competitively pursue less than $40 million of that pipeline.
Glimpse Group, Inc. director Tamar Elkeles received a grant of stock options covering 174,368 shares of common stock on July 10, 2026, with an exercise price of $0.77 per share and expiration on July 10, 2036. The grant vests in equal monthly installments over one year from the grant date. Elkeles also holds earlier option grants for 145,000, 37,500 and 20,000 shares at exercise prices of $0.69, $2.25 and $2.50, expiring between 2034 and 2036, some of which are already fully vested.
Glimpse Group, Inc. director Brian Archer received a grant of stock options covering 283,012 shares of common stock on July 10, 2026. The options have a $0.77 exercise price, expire on July 10, 2036, and vest in equal monthly installments over one year. After this grant, Archer directly holds these options, a warrant over 75,000 shares at a $0.55 exercise price, and 60,000 shares of common stock.
Glimpse Group, Inc. director Swift Scott Harbison received a grant of stock options for 307,759 shares of common stock on July 10, 2026, at an exercise price of $0.7700 per share, vesting in equal monthly installments over one year and expiring July 10, 2036.
After this grant, he directly holds these options plus warrants covering 25,000 shares at $0.5500 per share, expiring November 18, 2033, and 20,000 shares of common stock.
Glimpse Group, Inc. director Peter M. Fesler received a grant of stock options covering 174,368 shares of common stock on July 10, 2026. The options have an exercise price of $0.77 per share, expire on July 10, 2036, and vest in equal monthly installments over one year.
Bruce Grossman reports beneficial ownership of Glimpse Group, Inc. common stock on an amended Schedule 13G. He is deemed to beneficially own 2,215,698 shares of common stock, representing 9.99% of the class, with sole voting and dispositive power over all reported shares.
The position is held indirectly through Dillon Hill Capital LLC, which directly owns 738,849 shares, and Dillon Hill Investment Company II LLC, which directly owns 996,499 shares. Both entities also hold warrants to purchase additional shares, but an ownership limitation caps how many warrant shares count as beneficially owned; only 480,350 shares issuable upon exercise of warrants are included. The ownership percentage is calculated based on 21,698,812 shares outstanding as set forth in a company prospectus dated May 15, 2026.
Glimpse Group, Inc. reported that former director Alexander Ruckdaeschel received two stock option awards linked to the company’s common stock. On 1 January 2025, he was granted options for 37,500 shares with an exercise price of $2.25 per share, vesting in equal monthly increments from 31 January 2025 through 31 December 2025.
On 1 May 2026, he received an additional grant of options for 60,417 shares with an exercise price of $0.69 per share, which vested immediately upon grant. Both option series are scheduled to expire on 31 May 2031. The filing does not report any corresponding stock sales or exercises.
Charles Ian Morgan, a former director of Glimpse Group, Inc., received two stock option awards. On May 1, 2026 he was granted 60,417 stock options with a $0.6900 exercise price, expiring May 31, 2031, which vested immediately. On January 1, 2025 he was granted 37,500 stock options with a $2.2500 exercise price, also expiring May 31, 2031, vesting in equal monthly installments from January 31 through December 31, 2025. These transactions reflect option grants, with no reported share purchases or sales, and the Rule 10b5-1 trading plan box was not checked.
Glimpse Group, Inc. reported that former director Jeffrey D. Enslin, through Perimetre Capital, LLC, acquired two stock option awards. On May 1, 2026 he received 54,375 options with a $0.6900 exercise price that vested immediately. On January 1, 2025 he received 37,500 options with a $2.2500 exercise price, vesting in equal monthly increments from January 31, 2025 through December 31, 2025. Both awards are exercisable into common stock and expire on May 15, 2031.
Glimpse Group, Inc. reported that former director Amen Lemuel received a grant of stock options on 2025-01-01. The award covers 37,500 options to buy common stock at an exercise price of $2.25 per share, expiring on 2027-02-12.
According to the footnote, this option vests in equal monthly installments from 01/31/2025 through 12/31/2025. After the grant, Lemuel held options for 37,500 underlying shares, all reported as directly owned.