Global Interactive Technologies hit with Korean SFC fine for unregistered share issuance; files appeal

Global Interactive Technologies, Inc.

SFC imposed KRW 142.1M (~$104,750) fine on Hanryu Holdings (now Global Interactive) for unregistered securities offering.
Company raised ~KRW 5.92B (~$4.36M) from 124 Korean investors Apr-Jul 2023 without filing registration statement.
Company filed administrative appeal on June 24, 2025; fine not yet paid pending appeal.
No sanctions on current management or directors; Company evaluating impact.

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