---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-032261"
form_type: "8-K"
ticker: "GGRP"
cik: "0001854445"
company_name: "Glimpse Group, Inc."
filed_at: "2026-07-07T12:45:42+00:00"
generated_at: "2026-07-07T12:50:37.981937+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Glimpse Group sells Glimpse Learning to entity controlled by former CEO Lyron Bentovim for equity and royalties

## Summary
- Purchase price: 1,999,999 shares of buyer (19.99% equity) plus royalty payments capped at $1.2M.
- Royalty: 7% of buyer revenue July–Dec 2027, then 10% from Jan 2028; buyer can buy out for $1M on Dec 30, 2027.
- Lyron Bentovim, former CEO and ~5% owner of Glimpse, owns 50.6% of buyer; $200K working capital paid at closing.
- Pro forma shows Glimpse Learning contributed $890K revenue in 9 months ended Mar 2026; divestiture loss of $37,554.
- Company refocuses on Physical AI via Brightline Interactive and SpatialCore platform, used by US Navy.

## SEC filing metadata
- accession: 0001493152-26-032261
- form_type: 8-K
- ticker: GGRP
- cik: 0001854445
- company_name: Glimpse Group, Inc.
- filed_at: 2026-07-07T12:45:42+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854445/000149315226032261/0001493152-26-032261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854445/000149315226032261/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-032261
- JSON: https://secwatch.observer/filing/0001493152-26-032261.json
- Plain text: https://secwatch.observer/filing/0001493152-26-032261.txt

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