other material
confidence high
sentiment neutral
materiality 0.60
Global Interactive Technologies raises ~$2M via private placement of pre-funded and common warrants
Global Interactive Technologies, Inc.
- Gross proceeds ~$2M from pre-funded warrants (1.09M shares, $0.001) and common warrants (1.09M shares, $1.83, 5.5-yr).
- Net proceeds to repay Convertible Note held by FirstFire Global Opportunities Fund, LLC and for working capital.
- Placement agent D. Boral Capital LLC receives 7% cash fee and up to $50,000 expense reimbursement.
- Company must file resale registration within 30 days; lock-up on further equity issuance until 30 days after effective date.
- Closing occurred on June 29, 2026.