secwatch.observer — SEC 8-K summary
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Issuer:     Glimpse Group, Inc. (GGRP)
CIK:        0001854445
Form:       8-K
Filed at:   2023-10-03T23:59:59+00:00
Accession:  0001493152-23-035167
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Glimpse Group raises $3.3M in registered direct offering at $1.75/share
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- Sold 1,885,715 shares at $1.75 each for gross proceeds of $3.3 million to accredited and institutional investors.
- Offering closed on October 3, 2023; shares issued under effective S-3 shelf registration.
- Kingswood Investments served as placement agent with 7% fee plus up to $30,000 legal expense reimbursement.
- CEO and CFO entered lock-up agreements restricting share sales for a period after closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854445/000149315223035167/0001493152-23-035167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854445/000149315223035167/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-035167

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