secwatch.observer — SEC 8-K summary
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Issuer:     Global Interactive Technologies, Inc. (GITS)
CIK:        0001911545
Form:       8-K/A
Filed at:   2025-07-14T23:59:59+00:00
Accession:  0001213900-25-063765
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

GITS amends 8-K to disclose 2023 private placement of 462,847 shares at $10/share
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- Issued 462,847 shares to 124 Korean investors between Apr 20 and Jul 31, 2023.
- Raised approx. KRW 5.92B (~$4,628,500) at ~$10.00 per share.
- Shares sold under Section 4(a)(2) and Regulation S as offshore exempt transaction.
- Amendment also updates KRW-to-USD conversion and adds Item 3.02 disclosure.
- Original 8-K reported SFC sanctions appeal; this filing clarifies exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1911545/000121390025063765/0001213900-25-063765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1911545/000121390025063765/ea0248624-8ka1_global.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-063765

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