secwatch / observer

Global Interactive Technologies, Inc. — fact timeline

Source-grounded facts extracted from Global Interactive Technologies, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GITS Global Interactive Technologies, Inc. JSON
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“May 21, 2026, Global Interactive Technologies, Inc. (the “ Company ”) received a delinquency compliance alert notice (the “ Notice ”) from the Staff of the Listing Qualifications Department (the “ Staff ”) of The Nasdaq”

Taehoon Kim was appointed as Principal Financial Officer and Principal Accounting Officer at Global Interactive Technologies, Inc..

“On May 18, 2026, the Board of Directors (the “Board”) of Global Interactive Technologies, Inc. (the “Company”) appointed Taehoon Kim, the Company’s current Chief Executive Officer, as the Company’s Principal Financial Officer and Principal Accounting Officer, effective immediately.”
Equity Issuances

Global Interactive Technologies, Inc. issued convertible note to FirstFire Global Opportunities Fund, LLC for $550,000.00.

“in connection with a private placement offering of a convertible promissory note in the original principal amount of $550,000.00”
Debt Financings

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.

“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").”
Material Agreements

Global Interactive Technologies, Inc. entered into Purchase Agreement with FirstFire Global Opportunities Fund, LLC valued at $550,000.00 (effective 2026-04-22).

“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”).”
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“April 16, 2026, Global Interactive Technologies, Inc. (the “Company”) received a letter (the “Nasdaq Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it did not timely file its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”), as required for continued listing on The Nasdaq Stock Market pursuant to Nasdaq Listing Rule 5250(c)(1). Under Nasdaq rules, the Company has 60 calendar days from the date of the Nasdaq Notification Letter to submit to Nasdaq a plan to regain compliance w”
Material Agreements

Global Interactive Technologies, Inc. entered into Equity Purchase Agreement with Hudson Global Ventures, LLC valued at up to $18,000,000 (effective 2026-03-26).

“On March 26, 2026, Global Interactive Technologies, Inc. (the “Company”) entered into an Equity Purchase Agreement (the “Agreement”) with Hudson Global Ventures, LLC (the “Investor”).”
Governance Changes

Global Interactive Technologies, Inc.: Bylaws amended to add provision authorizing Board to remove a director for cause in limited, specified circumstances (effective 2025-09-05).

“approved and adopted an amendment to the Company’s Bylaws to add a provision authorizing the Board to remove a director for cause in limited, specified circumstances”
Debt Financings

Global Interactive Technologies, Inc. faced acceleration on loan of $172,666 with PixelArc, LLC.

“On May 20, 2025, PixelArc delivered a formal Notice of Conversion to the Company, pursuant to which the combined $172,666 in principal under the February and April 2025 Notes will be converted into 246,666 shares of the Company’s common stock at a price of $0.70 per share.”
Debt Financings

Global Interactive Technologies, Inc. incurred loan of $86,000 with PixelArc, LLC at interest-free maturing May 15, 2025.

“On April 18, 2025, the Company executed a second Promissory Note (the “April 2025 Note”) payable to PixelArc, evidencing a short-term, interest-free loan of $86,000 used to satisfy outstanding Nasdaq listing fees and maintain the Company’s continued listing. The note matured on May 15, 2025, and contains the same late fee and default interest terms as the February 2025 Note.”
Debt Financings

Global Interactive Technologies, Inc. incurred loan of $86,660 with PixelArc, LLC at 8% per annum maturing March 14, 2026.

“The February 2025 Note evidences a loan of $86,660 extended by PixelArc to support essential operating obligations during a period of limited liquidity. The note accrues interest at 8% per annum, has a maturity date of March 14, 2026, and includes a 5% late fee and 12% default interest rate, along with customary default provisions.”
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq compliance regained notice regarding late filing (rules 5250(c)(1)).

“April 30, 2025, we received written notice from Nasdaq notifying us that, based on the April 30, 2025 filing of the Form 10-K, we are now in compliance with Nasdaq rules. A press release, dated May 5, 2025, disclosing the Company’s receipt of the Nasdaq notification letter referenced above is attached hereto as Exhibit 99.1.”
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 24, 2025, Global Interactive Technologies, Inc. (the “Company”) received written notice (the “Nasdaq Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it did not timely file its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”), as required for continued listing on The Nasdaq Stock Market pursuant to Nasdaq Listing Rule 5250(c)(1). On April 30, 2025, we received written notice from Nasdaq notifying us that, based on the April 30, 2025 filing of the Form 10-K, we are now in”
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 24, 2025, Global Interactive Technologies, Inc. (the “Company”) received written notice (the “Nasdaq Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it did not timely file its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”), as required for continued listing on The Nasdaq Stock Market pursuant to Nasdaq Listing Rule 5250(c)(1). Under Nasdaq rules, the Company has 60 calendar days from the date of the Nasdaq Notification Letter to submit to Nasdaq a plan to regain compli”
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq delisting notice notice.

“February 5, 2025, Global Interactive Technologies, Inc., a Delaware corporation (the “ Company ”), received a notification letter (the “ Determination Letter ”) from the staff at the Listing Qualifications Department (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”). On February 10, 2025, the Company issued a press release announcing its receipt of the Determination Letter. The press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.”
Governance Changes

Global Interactive Technologies, Inc.: Certificate of Amendment filed to effect a 1-for-20 reverse stock split of common stock, effective January 27, 2025 (effective 2025-01-27).

“On January 10, 2025, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Amended and Restated Certificate of Incorporation, as previously amended (“Certificate of Incorporation”), with the Secretary of State of the State of Delaware, to effect a Reverse Stock Split of the Company’s Common Stock, at a rate of 1-for-20 effective as of January 27, 2025.”
Governance Changes

Global Interactive Technologies, Inc.: Amended bylaws to set quorum requirement at 33 1/3 of outstanding shares entitled to vote and to update bylaw name to reflect name change (effective 2024-12-05).

“On November 20, 2024, the Company approved an amendment to its bylaws of the Company (the “Bylaws Amendment”). The Bylaws Amendment, which was adopted and effective as of December 5, 2024, allows the holders of 33 1/3 of the outstanding shares of stock entitled to vote to constitute a quorum at a meeting of stockholders for the transaction of any business. Also effective December 5, 2024, the by-laws will now be referred to as the Bylaws of Global Interactive Technologies, Inc. to reflect the Company’s Name Change.”
Governance Changes

Global Interactive Technologies, Inc.: Amended certificate of incorporation to change company name to Global Interactive Technologies, Inc (effective 2024-12-05).

“On December 5, 2024, Hanryu Holdings, Inc., a Delaware corporation (the “Company”), filed an amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware (the “Amendment”), changing the name of the Company to “Global Interactive Technologies, Inc.” (the “Name Change”). The Amendment became effective on December 5, 2024.”
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 18, 2024, Hanryu Holdings, Inc. (the “ Company ”) received a delinquency compliance alert notice (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) advising the Company that due to the Company’s failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission (the “ SEC ”), the Company is not in compliance with Nasdaq’s continued listing requirements under Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic reports with t”

Changhyuk Kang resigned as Chief Executive Officer at Global Interactive Technologies, Inc..

“Instead, on the same day, Changhyuk Kang submitted resignation as the Chief Executive Officer of the Company and the Board accepted Mr. Kang’s resignation.”

TaeHoon Kim was appointed as interim Chief Executive Officer at Global Interactive Technologies, Inc..

“appointed TaeHoon Kim, who serves as the Chief Technology Officer and Vice President of the Company, as the interim Chief Executive Officer of the Company, effective immediately.”

Changhuyk Kang was terminated as Chief Executive Officer at Global Interactive Technologies, Inc..

“terminated the employment of Changhuyk Kang as the Chief Executive Officer of the Company for cause, effective immediately.”
Listing & Compliance Notices

Global Interactive Technologies, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

“February 5, 2024, Hanryu Holdings, Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The Nasdaq deficiency letter has no immediate effect on the listing of the Company’s common stock, a”
Auditor Changes

Global Interactive Technologies, Inc. engaged OneStop Assurance, PAC as its auditor.

“the Committee appointed OneStop Assurance, PAC on January 4, 2024, as an independent registered public accounting firm for the Company.”
Auditor Changes

Global Interactive Technologies, Inc. engaged OneStop Assurance, PAC as its auditor.

“On August 9, 2023 the Audit Committee (the "Committee") of the Board of Directors of Hanryu Holdings, Inc. (the "Company") engaged OneStop Assurance, PAC (the "OneStop") for limited purpose of conducting an independent review of the Company's financial statement.”
Auditor Changes

Global Interactive Technologies, Inc. dismissed BF Borgers CPA, PC as its auditor.

“☐ Item 4.01 Termination of Registrant’s Certifying Accountant (a) On August 9, 2023 the Audit Committee (the “Committee”) of the Board of Directors of Hanryu Holdings, Inc. (the “Company”) engaged OneStop Assurance, PAC (the “OneStop”) for limited purpose of conducting an independent review of the Company’s financial statement. (b) Upon satisfactory performance by the OneStop, the Committee recommended to the Board of Directors to retain the OneStop Ass as the Company’s independent registered public accounting firm. (c) Upon review by the Board of Directors of the Committee’s recommendation, the Board determined to not to extend BF Borgers CPA, PC’s contract as the Company’s independent registered public accounting firm. (d) During the year ended December 31, 2022 and 2021 and the subsequent interim period through August 9, 2023, there was no disagreements with BF Borgers CPA, PC (the “B”
Material Agreements

Global Interactive Technologies, Inc. entered into Underwriting Agreement with Aegis Capital Corp. valued at Offering price $10.00 per share; 877,328 shares sold; option for up to 131,599 additional shares; ne (effective 2023-07-31).

“On July 31, 2023, in connection with the IPO, the Company entered into an underwriting agreement (the “ Underwriting Agreement ”) with Aegis Capital Corp. (the “ Underwriter ”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.