secwatch.observer — SEC 8-K summary
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Issuer:     Global Interactive Technologies, Inc. (GITS)
CIK:        0001911545
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001213900-23-063755
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanryu Holdings closes IPO of 877,328 shares at $10.00, raising $8.8M gross
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- IPO of 877,328 shares closed on August 3, 2023; stock began trading on Nasdaq under HRYU on August 1.
- Gross proceeds $8.8M; net proceeds approximately $6.8M after underwriting discounts and expenses.
- Underwriter Aegis Capital Corp. has 45-day option to purchase up to 131,599 additional shares.
- Proceeds to be used for working capital, engineering, sales & marketing, and capital expenditures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1911545/000121390023063755/0001213900-23-063755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1911545/000121390023063755/ea182919-8k_hanryuhold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-063755

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer