secwatch.observer — SEC 8-K summary
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Issuer:     Global Interactive Technologies, Inc. (GITS)
CIK:        0001911545
Form:       8-K
Filed at:   2026-06-30T13:20:40+00:00
Accession:  0001493152-26-031219
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Interactive Technologies raises ~$2M via private placement of pre-funded and common warrants
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1911545/000149315226031219/0001493152-26-031219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1911545/000149315226031219/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-031219

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