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GITS receives Nasdaq delinquency notice for late Q1 10-Q and unfiled 2025 10-K
Received Nasdaq delinquency alert on May 21, 2026 for failure to timely file Q1 2026 10-Q; 2025 10-K remains unfiled.
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GITS issues $550K convertible note to FirstFire; 9% interest, 15% conversion discount
Net proceeds $506,000 after $44,000 OID; note matures in 12 months.
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GITS receives Nasdaq delinquency notice for late 10-K filing; 60-day grace period
Received Nasdaq letter on April 16, 2026 for failure to timely file Form 10-K for year ended Dec 31, 2025.
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Global Interactive Technologies appoints Taehoon Kim as permanent CEO
Taehoon Kim appointed CEO effective March 26, 2026, after serving as Interim CEO since February 2024.
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CFO Juhyon Shin resigns; external consultant engaged; 10-K filing still pending
Juhyon Shin resigned as CFO effective December 22, 2025; no disagreements on financial reporting.
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Director Aram Ahn removed for cause by Global Interactive Technologies Board
Board amended bylaws to authorize removal of directors for cause in limited circumstances.
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Global Interactive Technologies corrects erroneous 'President' disclosure; reports unusual trading on May 30
Prior CEO removed for cause Feb 2024; Taehoon Kim appointed interim; COO and CMO terminated.
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GITS converts $172,666 in related-party debt into 246,666 shares at $0.70
$172,666 in principal from two notes with PixelArc (affiliate of director Amy Shi) converted into 246,666 common shares at $0.70/share.
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GITS regains Nasdaq compliance after filing delayed annual report
Received delisting notice on April 24, 2025 for missing Form 10-K filing deadline.
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GITS receives Nasdaq delinquency notice for late 10-K; 60 days to submit compliance plan
Nasdaq notified GITS on April 24, 2025 of failure to timely file Form 10-K for FY2024.
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GITS regains Nasdaq compliance after receiving delisting notice for bid price rule
On Feb 5, 2025, Nasdaq issued a Determination Letter to delist GITS for failing to meet the $1 minimum bid price by Feb 3 deadline.
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Global Interactive Technologies announces 1-for-20 reverse stock split effective Jan 27, 2025
Reverse stock split at 1:20 ratio approved by board (Nov 20, 2024) and stockholders (Dec 30, 2024), effective 12:01am ET Jan 27, 2025.
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Global Interactive Tech stockholders approve reverse stock split; directors elected
Reverse stock split approved at ratio of 1-for-2 to 1-for-20; board to set exact ratio.
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Hanryu receives Nasdaq delinquency notice for Q2 10-Q; compliance deadline Oct 14, 2024
Notice received Aug 20, 2024 for failure to timely file Q2 2024 10-Q with SEC.
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Hanryu Holdings gets Nasdaq extension until Feb 2025 to meet $1 bid price rule
Received Nasdaq notice granting 180-day extension until Feb 3, 2025 to regain $1 minimum bid price compliance.
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Hanryu Holdings receives Nasdaq delinquency notice for late 10-K and 10-Q; plans compliance plan by June 17
Delinquent on Form 10-K for FY2023 and Form 10-Q for Q1 2024; Nasdaq requires compliance plan by June 17, 2024.