secwatch.observer — SEC 8-K summary
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Issuer:     Global AI, Inc. (GLAI)
CIK:        0001473490
Form:       8-K
Filed at:   2023-11-24T23:59:59+00:00
Accession:  0001493152-23-042680
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global AI raises $1M via private placement of 10M Class B shares at $0.10/share
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- Sold 10,000,000 shares of Class B common stock at $0.10 per share for aggregate proceeds of $1,000,000.
- Two closings occurred on November 1 and November 20, 2023.
- Shares issued in reliance on Section 4(a)(2) and Rule 506 of Regulation D exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1473490/000149315223042680/0001493152-23-042680-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1473490/000149315223042680/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-042680

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