---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-060743"
form_type: "8-K"
ticker: "GITS"
cik: "0001911545"
company_name: "Global Interactive Technologies, Inc."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:42:18.283510+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Global Interactive Technologies corrects erroneous 'President' disclosure; reports unusual trading on May 30

## Summary
- Prior CEO removed for cause Feb 2024; Taehoon Kim appointed interim; COO and CMO terminated.
- Chase Bank account depleted before new signatories in May 2024; cooperated with regulators.
- Sold 100% of subsidiary Hanryu Bank Co., Ltd. on Dec 28, 2024.
- Erroneously disclosed Jaemen Lee as President in Apr/May 2025 filings; Lee never served as officer/director, owns <5%.
- On May 30, 2025, unusual trading: volume 55.9M shares (avg <30K), price spike from $0.95-$1.61 to $1.90-$3.12; cooperating with SEC inquiries.

## SEC filing metadata
- accession: 0001213900-25-060743
- form_type: 8-K
- ticker: GITS
- cik: 0001911545
- company_name: Global Interactive Technologies, Inc.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1911545/000121390025060743/0001213900-25-060743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1911545/000121390025060743/ea0247980-8k_global.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-060743
- JSON: https://secwatch.observer/filing/0001213900-25-060743.json
- Plain text: https://secwatch.observer/filing/0001213900-25-060743.txt

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