---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-019254"
form_type: "8-K"
ticker: "GITS"
cik: "0001911545"
company_name: "Global Interactive Technologies, Inc."
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:12:09.408324+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GITS issues $550K convertible note to FirstFire; 9% interest, 15% conversion discount

## Summary
- Net proceeds $506,000 after $44,000 OID; note matures in 12 months.
- Upon default, conversion price set at 85% of 15-day VWAP (15% discount).
- Default penalty increases principal by 25% plus $5,000/month.
- Buyer received piggyback registration rights; note unregistered under Section 4(a)(2)/Reg D.

## SEC filing metadata
- accession: 0001493152-26-019254
- form_type: 8-K
- ticker: GITS
- cik: 0001911545
- company_name: Global Interactive Technologies, Inc.
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1911545/000149315226019254/0001493152-26-019254-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1911545/000149315226019254/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-019254
- JSON: https://secwatch.observer/filing/0001493152-26-019254.json
- Plain text: https://secwatch.observer/filing/0001493152-26-019254.txt

## Source-grounded claims
- claim_id: be16ef2993edf16aefa5951710ee331d4c618939
  claim: Global Interactive Technologies, Inc. incurred loan of $550,000.00 with FirstFire Global Opportunities Fund, LLC at 9% per annum maturing 12 months after issuance.
  evidence_excerpt: On April 22, 2026, Global Interactive Technologies, Inc. (the "Company") closed a Securities Purchase Agreement (the "Purchase Agreement") with FirstFire Global Opportunities Fund, LLC ("FirstFire"), in connection with a private placement offering of a convertible promissory note in the original principal amount of $550,000.00 (the "Note").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1911545/000149315226019254/0001493152-26-019254-index.htm
- claim_id: dec60b5c20018f01883d9ddbb13783bfa04d9dca
  claim: Global Interactive Technologies, Inc. entered into Purchase Agreement with FirstFire Global Opportunities Fund, LLC valued at $550,000.00 (effective 2026-04-22).
  evidence_excerpt: On April 22, 2026, Global Interactive Technologies, Inc. (the “Company”) closed a Securities Purchase Agreement (the “Purchase Agreement”) with FirstFire Global Opportunities Fund, LLC (“FirstFire”), in connection with a private placement offering of a convertible promissory note in the original principal amount of $550,000.00 (the “Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1911545/000149315226019254/0001493152-26-019254-index.htm

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