Welcome to our dedicated page for Global Interactive Technologies SEC filings (Ticker: GITS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Global Interactive Technologies, Inc. filings document the regulatory record of a digital media and entertainment technology company listed on Nasdaq under the symbol GITS. The company’s disclosures include material definitive agreements for music intellectual property, platform-related promotional rights, equity purchase arrangements, convertible note financing, direct financial obligations and unregistered securities issuances.
The filing record also covers Nasdaq continued-listing notices, notifications of late annual reporting, registration-statement amendments, executive officer changes and governance matters. These documents describe the company’s common stock, financing structure, registration obligations, reporting compliance, contractual rights and public-company risk disclosures.
Global Interactive Technologies, Inc. (GITS) reports that Nasdaq has notified the company it is now in compliance with Nasdaq Listing Rule 5250(c)(1) after filing its Quarterly Report on Form 10-Q for the period ended June 30, 2026 on September 9, 2026. Nasdaq had previously notified the company on August 20, 2026 that the Form 10-Q was not timely filed and that this deficiency affected its continued listing status.
Global Interactive Technologies, Inc. (GITS) reported very limited operating scale and continued losses for the six months ended June 30, 2026. Revenue was only $222, while the company generated an operating loss of $1.21 million and a net loss of $1.41 million (vs. $1.24 million a year earlier).
Total assets were $4.94 million, of which $2.65 million is capitalized software related to its FANING platform and $1.07 million is a rent-free right-of-use asset. Stockholders’ equity was $3.78 million, with an accumulated deficit of $43.94 million.
Cash and cash equivalents increased to $1.16 million from $6,990 at December 31, 2025, primarily from a June 2026 private placement of pre-funded and common stock warrants providing $1.81 million in net proceeds. Operating activities used $0.56 million of cash, and working capital was only $32,014. Management states that recurring losses, minimal revenues, dependence on external financing, and low working capital raise substantial doubt about the company’s ability to continue as a going concern, despite efforts to commercialize the upgraded FANING 2.0 platform and pursue additional capital.
Global Interactive Technologies, Inc. (GITS) disclosed that on August 20, 2026 it received a Nasdaq compliance delinquency notice because it did not timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, as required by Nasdaq Listing Rule 5250(c)(1).
The company has 60 calendar days from the notice date to submit a plan to regain compliance. If Nasdaq accepts the plan, it may grant up to 180 calendar days from the Form 10-Q due date, until February 16, 2027, to cure the deficiency. The company states that it expects to file the Form 10-Q promptly to regain compliance.
GITS common stock will continue to be listed and traded on The Nasdaq Stock Market during the 60-day grace period, provided the company continues to meet Nasdaq’s other continued listing requirements.
Global Interactive Technologies, Inc. filed a Form 12b-25 to announce a delayed filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2026. The report was originally due on August 14, 2026, but the company cites delays in obtaining, compiling, and reviewing information required for the filing.
The company states that filing the Form 10-Q by the original deadline would have required unreasonable effort or expense. It currently intends to use its best efforts to file the Form 10-Q within the five-calendar-day extension period allowed under Rule 12b-25 of the Exchange Act.
Global Interactive Technologies, Inc. reported that Armistice Capital, LLC and Steven Boyd, as joint reporting persons, beneficially own 407,791 shares of the company’s common stock, representing 9.99% of the class.
Armistice Capital is the investment manager of Armistice Capital Master Fund Ltd., the direct holder of the shares, and exercises voting and investment power over these securities under an Investment Management Agreement. Steven Boyd, as managing member of Armistice Capital, may also be deemed to beneficially own these shares. All voting and dispositive powers over the 407,791 shares are reported as shared, with no sole voting or dispositive power.
Global Interactive Technologies, Inc. (GITS) has filed a pre‑effective amendment to a Form S‑1 registering up to 2,185,792 shares of common stock for resale by a single selling stockholder. These shares underlie 1,092,896 pre‑funded warrants and 1,092,896 common stock warrants issued in a June 29, 2026 private placement.
The company will not receive proceeds from resales, but may receive cash if warrants are exercised; both warrant series allow cashless exercise in specified circumstances. As of August 5, 2026, 3,674,208 shares were outstanding and, if all warrants are exercised, the registered shares would equal approximately 73.6% of the public float.
GITS operates Faning, an early‑stage K‑culture fan engagement platform that has generated limited revenue. It reported net losses of approximately $4.6 million in 2025 and $6.2 million in 2024, with an accumulated deficit of about $42.5 million and a going‑concern warning. Management estimates needing about $3.0 million of additional capital over 12 months and is contesting a KRW 142.1 million (approximately $104,750) administrative fine imposed by the Korean Securities and Futures Commission related to a 2023 private placement.
Global Interactive Technologies, Inc. is registering for resale up to 2,185,792 shares of common stock underlying pre-funded and common stock warrants held by a single selling stockholder. This includes 1,092,896 shares issuable upon exercise of Pre-Funded Warrants and 1,092,896 shares issuable upon exercise of Common Stock Warrants.
The Pre-Funded Warrants are immediately exercisable at $0.001 per share with no expiry until fully exercised; the Common Stock Warrants become exercisable six months after issuance at $1.83 per share and expire 5.5 years after the June 29, 2026 private placement closing. The company received approximately $2 million in gross proceeds in that private placement at a purchase price of $1.829 per share (or pre-funded warrant) plus attached warrants, and plans to use net proceeds to repay a convertible promissory note and for general corporate and working capital purposes. The company will not receive proceeds from resale of the registered shares, only from any cash warrant exercises.
As of July 29, 2026, 3,674,208 shares were outstanding and 2,970,627 constituted public float; the registered resale amount equals about 73.6% of that float. The company reports net losses of $4.6 million for 2025, an accumulated deficit of $42.5 million, a going-concern warning from its auditor, and an estimated need for about $3.0 million of additional capital over 12 months. It also discloses a KRW 142.1 million administrative fine from the Korean Securities and Futures Commission related to a 2023 financing, which it is contesting in administrative court.
Global Interactive Technologies, Inc., a U.S. corporation with its principal office in Seoul, has filed a Form D for an exempt Regulation D offering relying on Rule 506(b). The issuer reports revenues in the $1 - $1,000,000 band, placing it in the lowest revenue category disclosed.
The securities offered are options, warrants or other rights to acquire another security. The company reports having sold $2,000,000 USD of these securities, with $0 USD remaining to be sold; the first sale occurred on 2026-06-29. D. Boral Capital LLC is identified in the sales compensation section, and reported finders' fees are $0. In the use-of-proceeds disclosure, the company explains that the amount reported for payments to related persons consists of payment of the CEO’s accrued salary and partial payments of deferred compensation to directors named in the related-persons section.
Global Interactive Technologies, Inc. entered into a private financing with a single institutional investor, raising approximately $2,000,000 in gross proceeds through pre-funded warrants and common stock warrants. The deal closed on June 29, 2026.
The company issued pre-funded warrants to purchase up to 1,092,896 shares of common stock at a purchase price of $1.829 per pre-funded warrant (with a nominal $0.001 exercise price) together with accompanying common stock warrants to purchase up to 1,092,896 additional shares at an exercise price of $1.83 per share, exercisable starting six months after issuance for 5.5 years from the closing date.
Global Interactive plans to use the net proceeds primarily to repay amounts owed under its convertible promissory note held by FirstFire Global Opportunities Fund, LLC and for general corporate and working capital purposes. The company will pay its placement agent a 7.0% cash fee on gross proceeds and reimburse up to $50,000 of related expenses, and has granted the investor registration rights requiring a resale registration statement covering the warrant shares to be filed within 30 days after the closing date, together with temporary restrictions on new equity issuances and variable rate transactions.