secwatch.observer — SEC 8-K summary
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Issuer:     Global Interactive Technologies, Inc. (GITS)
CIK:        0001911545
Form:       8-K
Filed at:   2024-02-12T23:59:59+00:00
Accession:  0001213900-24-012234
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Hanryu Holdings receives Nasdaq deficiency notice for bid price below $1.00
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- Received Nasdaq deficiency letter on Feb 5, 2024: stock bid price below $1.00 per share for 30 consecutive business days.
- Has until August 5, 2024 to regain compliance; must close at $1.00+ for 10 consecutive business days.
- If not compliant by Aug 5, may qualify for second 180-day period if it meets other Nasdaq initial listing standards.
- No immediate delisting; stock continues trading on Nasdaq Capital Market under symbol HRYU. Company considering options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1911545/000121390024012234/0001213900-24-012234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1911545/000121390024012234/ea193394-8k_hanryu.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-012234

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