{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-023712","form_type":"8-K","ticker":"GGRP","cik":"0001854445","company_name":"Glimpse Group, Inc.","filed_at":"2026-05-15T20:02:47+00:00","discovered_at":"2026-05-15T20:07:00.428292+00:00","generated_at":"2026-05-15T20:10:22.688293+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Glimpse Group prices $1.845M registered direct offering; transitions to physical AI company","bullets":["Offering of 622,306 shares, pre-funded warrants for 2,732,240 shares, and warrants for 4,193,182 shares at $0.55/unit.","Net proceeds ~$1.79M; full exercise of warrants would yield additional ~$2.3M.","Proceeds for general corporate purposes and working capital at subsidiary Brightline Interactive.","No placement agent used; closing expected May 18, 2026.","Company announces strategic shift to focus on physical AI technology."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-023712","json":"https://secwatch.observer/filing/0001493152-26-023712.json","markdown":"https://secwatch.observer/filing/0001493152-26-023712.md","text":"https://secwatch.observer/filing/0001493152-26-023712.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854445/000149315226023712/0001493152-26-023712-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854445/000149315226023712/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T20:10:22.688293+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"984b6b322a596dfad39698e2e11863eb48365e0c","claim":"Glimpse Group, Inc. entered into Securities Purchase Agreement with certain investors valued at approximately $1.79 million (effective 2026-05-14).","evidence_excerpt":"On May 14, 2026, The Glimpse Group, Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain investors (the “Investors”), pursuant to which the Company agreed to sell and issue to the Investors, in a registered direct offering (the “Offering”), (i) 622,306 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), together with accompanying warrants to purchase up to 4,193,182 shares of Common Stock (with each accompanying warrant exercisable for one and one-quarter shares of Common Stock) (the “Common Stock Warrants”), and (ii) in lieu of Common Stock to certain of the Investors, pre-funded warrants to purchase up to 2,732,240 shares of Common Stock (the “Pre-Funded Warrants”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854445/000149315226023712/0001493152-26-023712-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain investors"},{"label":"Value","value":"approximately $1.79 million"},{"label":"Effective","value":"2026-05-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}