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Global Interactive Technologies (NASDAQ: GITS) faces Nasdaq notice for late 2025 10-K filing

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

Rhea-AI Filing Summary

Global Interactive Technologies, Inc. reported that Nasdaq has notified the company it is not in compliance with continued listing rules because it did not timely file its Form 10-K for the year ended December 31, 2025. The company has 60 calendar days from April 16, 2026 to submit to Nasdaq a plan to regain compliance. It expects to file the Form 10-K promptly to cure the deficiency. During this 60-day grace period, the company’s common stock will continue to be listed and traded on The Nasdaq Stock Market, as long as it meets other listing requirements.

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Insights

Nasdaq cites a late 10-K; listing continues during a 60-day cure period.

Global Interactive Technologies, Inc. has fallen out of compliance with Nasdaq Listing Rule 5250(c)(1) because it missed the filing deadline for its Form 10-K for the year ended December 31, 2025. Nasdaq has issued a delinquency compliance alert letter, a standard step when periodic reports are late.

The company has 60 calendar days from April 16, 2026 to submit a plan to regain compliance and states it expects to file the Form 10-K promptly. Its shares remain listed and tradable on Nasdaq during this grace period, assuming all other continued listing standards are met.

The key factor will be whether the Form 10-K is filed within Nasdaq’s remediation timeline and whether future periodic reports are timely. Subsequent company filings will show if the late report was an isolated timing issue or part of a broader pattern.

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities
The company received a delisting notice or transferred its listing to a different exchange.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Grace period to submit plan 60 calendar days Period from April 16, 2026 to regain compliance plan approval
Fiscal year of delayed report Year ended December 31, 2025 Form 10-K not timely filed, triggering Nasdaq notice
Listing rule cited Nasdaq Listing Rule 5250(c)(1) Rule requiring timely filing of periodic SEC reports
Notification date April 16, 2026 Date Nasdaq issued the delinquency compliance alert letter
Nasdaq Listing Rule 5250(c)(1) regulatory
"it did not timely file its Annual Report on Form 10-K ... pursuant to Nasdaq Listing Rule 5250(c)(1)."
Nasdaq Listing Rule 5250(c)(1) requires companies listed on the Nasdaq stock exchange to promptly notify the exchange if their stock price falls below a certain minimum level, known as the "initial listing standards." This rule helps ensure that investors are aware of significant declines in a company's stock value, which could signal financial trouble or increased risk. Essentially, it helps maintain transparency and protect investors by keeping them informed about important changes in a company's stock performance.
delinquency compliance alert letter regulatory
"it received a delinquency compliance alert letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC"
continued listing requirements regulatory
"the Company is not in compliance with Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1)"
Rules a stock exchange sets that a publicly traded company must keep meeting to stay listed and tradable on that exchange, such as minimum share price, market value, timely financial reports, and basic governance practices. Like a club’s membership rules, they matter because falling short can lead to warnings, penalties or removal from the exchange, which can cut liquidity, hurt share value and increase the risk for investors.
forward-looking statements financial
"Certain statements made in this report constitute forward-looking statements within the meaning of the federal securities laws."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Annual Report on Form 10-K financial
"did not timely file its Annual Report on Form 10-K for the year ended December 31, 2025"
An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.
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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): April 16, 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 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On April 16, 2026, Global Interactive Technologies, Inc. (the “Company”) received a letter (the “Nasdaq Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it did not timely file its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”), as required for continued listing on The Nasdaq Stock Market pursuant to Nasdaq Listing Rule 5250(c)(1). Under Nasdaq rules, the Company has 60 calendar days from the date of the Nasdaq Notification Letter to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1). The Company expects to file the Form 10-K promptly to regain compliance with Nasdaq Listing Rule 5250(c)(1).

 

The Company’s common stock will continue to be listed and traded on The Nasdaq Stock Market during the 60-day grace period, subject to its compliance with the other continued listing requirements of The Nasdaq Stock Market.

 

Forward-Looking Statements

 

Certain statements made in this report constitute forward-looking statements within the meaning of the federal securities laws. All statements contained in this report that do not relate to matters of historical fact should be considered forward-looking statements. For example, forward-looking statements include, without limitation, statements regarding the Company’s anticipated filing of its Form 10-K. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees and are subject to risks described from time to time in the Company’s periodic filings with the SEC. The forward-looking statements included in this report are made only as of the date of this report, and, unless otherwise required by applicable law, the Company assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to do so, whether as a result of new information, future events or otherwise.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.   Description
99.1   Press Release, dated April 17, 2026.
104   Cover Page Interactive Data (embedded within the Inline XBRL document).

 

2

 

 

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: April 17, 2026 Name: Taehoon Kim
  Title: Chief Executive Officer

 

3

 

 

Exhibit 99.1

 

Global Interactive Technologies, Inc. Announces Receipt of a Delinquency Compliance Alert Letter from Nasdaq

 

Seoul, Republic of Korea, April 17, 2026 (ACCESS NEWSWIRE) — Global Interactive Technologies, Inc. (NASDAQ: GITS) (the “Company”) announced that on April 16, 2026, it received a delinquency compliance alert letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that, because the Company did not timely file its Annual Report on Form 10-K for the year ended December 31, 2025 with the Securities and Exchange Commission (the “SEC”), the Company is not in compliance with Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic reports with the SEC.

 

Under Nasdaq rules, the Company has 60 calendar days from the date of the Nasdaq notification letter to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1). The Company expects to file the Form 10-K promptly to regain compliance with Nasdaq Listing Rule 5250(c)(1). The Company’s common stock will continue to be listed and traded on The Nasdaq Stock Market during the 60-day grace period, subject to the Company’s compliance with Nasdaq’s other continued listing requirements.

 

About Global Interactive Technologies, Inc.

 

Global Interactive Technologies, Inc. is a digital media and technology company focused on fan engagement and fandom economy through its multi-platform ecosystem, including Faning, a global platform that connects K-pop and broader K-culture fans through shared interests, content, and community experiences. For more information, please visit the Company’s website at www.gitechnologies.com.

 

Forward-Looking Statements

 

This announcement contains forward-looking statements as defined under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, formulated in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, reflecting the Company’s projections about its future financial and operational performance, employ terms like “believes,” “estimates,” “anticipates,” “expects,” “plans,” “projects,” “intends,” “potential,” “target,” “aim,” “predict,” “outlook,” “seek,” “goal,” “objective,” “assume,” “contemplate,” “continue,” “positioned,” “forecast,” “likely,” “may,” “could,” “might,” “will,” “should,” “approximately,” and similar expressions to convey the uncertainty of future events or outcomes. These forward-looking statements are based on the Company’s current expectations, assumptions, and projections, involving judgments about future economic conditions, competitive landscapes, market dynamics, and business decisions, many of which are inherently challenging to predict accurately and are largely beyond the Company’s control. Additionally, these statements are subject to a multitude of known and unknown risks, uncertainties, and other variables that could significantly diverge the Company’s actual results from those depicted in any forward-looking statement. Because of these and other risks, uncertainties and assumptions, undue reliance should not be placed on these forward-looking statements. In addition, these statements speak only as of the date of this press release and, except as may be required by law, the Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

 

Company Contact:

 

Global Interactive Technologies, Inc.

Taehoon Kim

tkc@gitechnologies.com

 

Investor Contact:

 

Global Interactive Technologies, Inc.

Taehoon Kim

tkc@gitechnologies.com

 

 

 

FAQ

Why did Global Interactive Technologies Inc. (GITS) receive a Nasdaq delinquency notice?

Global Interactive Technologies received a Nasdaq delinquency compliance alert because it did not timely file its Form 10-K for the year ended December 31, 2025. Nasdaq Listing Rule 5250(c)(1) requires companies to file all periodic SEC reports on time to remain in compliance.

How long does Global Interactive Technologies Inc. (GITS) have to regain Nasdaq compliance?

The company has 60 calendar days from April 16, 2026 to submit a plan to Nasdaq to regain compliance with Listing Rule 5250(c)(1). This period allows Global Interactive Technologies to file its delayed Form 10-K and outline steps to ensure future timely filings.

Will Global Interactive Technologies Inc. (GITS) shares remain listed on Nasdaq during the deficiency period?

Yes. The company’s common stock will continue to be listed and traded on The Nasdaq Stock Market during the 60-day grace period. This continued listing is subject to its compliance with Nasdaq’s other ongoing listing requirements beyond the late Form 10-K issue.

What action does Global Interactive Technologies Inc. (GITS) plan regarding the late Form 10-K?

Global Interactive Technologies states that it expects to file its Form 10-K for the year ended December 31, 2025 promptly. Filing this report and submitting a compliance plan to Nasdaq are central to addressing the delinquency and seeking to restore full listing compliance.

Which Nasdaq rule is Global Interactive Technologies Inc. (GITS) currently not meeting?

The company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic reports with the SEC. The deficiency stems specifically from the late filing of its Annual Report on Form 10-K for the year ended December 31, 2025.

Filing Exhibits & Attachments

4 documents