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  4. [8-K] Global Interactive Technologies, Inc. Reports Material Event

Global Interactive (GITS) CEO Taehoon Kim also named principal finance and accounting officer

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Global Interactive Technologies, Inc. reported a leadership change in its finance function. On May 18, 2026, the Board appointed Chief Executive Officer Taehoon Kim as Principal Financial Officer and Principal Accounting Officer, effective immediately, following the previously announced resignation of Chief Financial Officer Juhyon Shin.

The filing outlines Mr. Kim’s prior executive experience in technology and gaming companies and confirms he did not enter into any new material compensation arrangements in connection with these additional roles. It also notes a previously disclosed short-term loan from the Company to Mr. Kim with a principal amount of $583 at 0% interest that matured on January 7, 2026.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Effective date of new roles May 18, 2026 Taehoon Kim appointed Principal Financial Officer and Principal Accounting Officer
Taehoon Kim age 52 years Age of CEO and newly appointed finance chief
Short-term loan principal $583 Loan to Taehoon Kim dated January 8, 2025
Loan interest rate 0% Interest rate on short-term loan to Taehoon Kim
Loan maturity date January 7, 2026 Maturity of short-term loan to Taehoon Kim
Principal Financial Officer financial
"appointed Taehoon Kim ... as the Company’s Principal Financial Officer and Principal Accounting Officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
Principal Accounting Officer financial
"appointed Taehoon Kim ... as the Company’s Principal Financial Officer and Principal Accounting Officer"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
Emerging growth company regulatory
"Emerging growth company    Item 5.02 Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
short-term loan agreement financial
"short-term loan agreement on January 8, 2025 with Mr. Kim with a principal amount of $583"
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FAQ

What executive change did Global Interactive Technologies (GITS) disclose in this 8-K?
Global Interactive Technologies appointed CEO Taehoon Kim as Principal Financial Officer and Principal Accounting Officer, effective May 18, 2026. This consolidates the company’s top executive and finance roles following the previously announced resignation of former Chief Financial Officer Juhyon Shin.

Who is Taehoon Kim, the new Principal Financial Officer of Global Interactive Technologies (GITS)?
Taehoon Kim is the company’s Chief Executive Officer and now also its Principal Financial and Accounting Officer. He previously served as CTO and Vice President at Hanryu Holdings and held senior roles at Rulemakr Inc., Webzen Mobile, Webzen, and NHN Games Corporation.

Did Global Interactive Technologies (GITS) sign any new compensation agreements with Taehoon Kim?
The company stated that Taehoon Kim did not enter into any material plan, contract, or arrangement in connection with his appointment as Principal Financial Officer and Principal Accounting Officer. His expanded responsibilities therefore come without a newly described compensation package in this disclosure.

Did Global Interactive Technologies (GITS) mention any family relationships involving Taehoon Kim?
The company reported there are no family relationships between Taehoon Kim and any of its directors or executive officers. It also stated there are no arrangements or understandings with other persons under which he was appointed to his new finance roles.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 18, 2026

 

GLOBAL INTERACTIVE TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41763   88-1368281

(State or other jurisdiction of

incorporation or organization)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

 

160, Yeouiseo-ro, Yeongdeungpo-gu    
Seoul, Republic of Korea   07231
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +82-2-2564-8588

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   GITS   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 18, 2026, the Board of Directors (the “Board”) of Global Interactive Technologies, Inc. (the “Company”) appointed Taehoon Kim, the Company’s current Chief Executive Officer, as the Company’s Principal Financial Officer and Principal Accounting Officer, effective immediately. Mr. Kim’s appointment follows the previously announced resignation of Juhyon Shin from his role as the Company’s Chief Financial Officer.

 

Mr. Kim, age 52, was appointed as the Chief Technology Officer (CTO) and Vice President of Hanryu Holdings on June 1, 2022, and was later appointed as the interim Chief Executive Officer by the Board of Directors on February 26, 2024. Mr. Kim was the Founder of Rulemakr Inc. and served as CEO from June 2014 to May 2021. He also served as CEO at Webzen Mobile, Inc. from May 2012 to May 2014, as COO at Webzen, Inc. from September 2008 to April 2012, and as Director at NHN Games Corporation from August 2005 to August 2008. Mr. Kim earned a bachelor’s degree in the Department of German Language Education in Seoul National University in February 1997 and received his MBA from Seoul National University in February 2014.

 

Mr. Kim did not enter into any material plan, contract or arrangement with the Company in connection with his appointment as the Company’s Principal Financial Officer and Principal Accounting Officer.

 

There are no arrangements or understandings between Mr. Kim and any other person pursuant to which he was appointed as the Company’s Principal Financial Officer and Principal Accounting Officer, and there are no family relationships among any of the Company’s directors or executive officers and Mr. Kim. Additionally, Mr. Kim has no direct or indirect interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K other than the Company entering into a short-term loan agreement on January 8, 2025 with Mr. Kim with a principal amount of $583 and an interest rate of 0% that matured on January 7, 2026.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Global Interactive Technologies, Inc.
     
  By: /s/ Taehoon Kim
Date: May 21, 2026 Name: Taehoon Kim
  Title: Chief Executive Officer

 

 

 

Source: View Original Filing on SEC EDGAR

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