---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-197909"
form_type: "8-K"
ticker: "GITS"
cik: "0001911545"
company_name: "Global Interactive Technologies, Inc."
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:33:09.562277+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hanryu Holdings gets Nasdaq extension until Feb 2025 to meet $1 bid price rule

## Summary
- Received Nasdaq notice granting 180-day extension until Feb 3, 2025 to regain $1 minimum bid price compliance.
- Previously disclosed bid price deficiency in Feb 2024; stock had closed below $1 for 30 consecutive business days.
- Company will monitor bid price and consider options including reverse stock split; no assurance of regaining compliance.
- Additional listing requirements for market value of publicly held shares met except bid price.

## SEC filing metadata
- accession: 0001193125-24-197909
- form_type: 8-K
- ticker: GITS
- cik: 0001911545
- company_name: Global Interactive Technologies, Inc.
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1911545/000119312524197909/0001193125-24-197909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1911545/000119312524197909/d140825d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-197909
- JSON: https://secwatch.observer/filing/0001193125-24-197909.json
- Plain text: https://secwatch.observer/filing/0001193125-24-197909.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
