---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-020934"
form_type: "8-K"
ticker: "GGRP"
cik: "0001854445"
company_name: "Glimpse Group, Inc."
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T06:06:51.981507+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Glimpse closes acquisition of Brightline Interactive; adds ~$5M revenue, $15M combined run rate

## Summary
- Initial consideration: $568,046 cash + $5M in stock at $7.00/share; up to $12M cash + $12.5M stock in earnouts.
- Debt extinguished with $1,926,167 cash payment net of working capital adjustments.
- Combined annual revenue run rate ~$15M; over 200 immersive tech professionals; 10 patents.
- Tyler Gates appointed as Chief Futurist Officer and non-voting Board Observer; annual salary $215,000.
- BLI key customers include AT&T, Coca-Cola, FEMA, FAA, US Air Force, NIH; two new US patents.

## SEC filing metadata
- accession: 0001493152-22-020934
- form_type: 8-K
- ticker: GGRP
- cik: 0001854445
- company_name: Glimpse Group, Inc.
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854445/000149315222020934/0001493152-22-020934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854445/000149315222020934/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-020934
- JSON: https://secwatch.observer/filing/0001493152-22-020934.json
- Plain text: https://secwatch.observer/filing/0001493152-22-020934.txt

## Key facts
- Executive change
  Tyler Gates was appointed as Chief Futurist Officer and non-voting Board Observer at Glimpse Group, Inc..
  - Action: appointed
  - Role: Chief Futurist Officer and non-voting Board Observer
  source text: the Board of Directors of the Company appointed Tyler Gates to the Company’s Board of Directors as a non-voting Board Observer and as the Company’s Chief Futurist Officer ("CF").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854445/000149315222020934/0001493152-22-020934-index.htm

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