Hanryu Holdings, INC
Market Movers (8-K)
Global Interactive Technologies, Inc. has entered into a Securities Purchase Agreement to raise approximately $2 million through the sale of pre-funded warrants and common stock purchase warrants.
Capital raise
Global Interactive Technologies, Inc. has regained compliance with Nasdaq listing rules following the filing of its overdue Form 10-Q.
Delay expected
Global Interactive Technologies received a Nasdaq delinquency notice due to failure to file its 2025 Form 10-K and Q1 2026 Form 10-Q.
Worse than expected
Delay expected
Global Interactive Technologies, Inc. has appointed Taehoon Kim, its current CEO, as Principal Financial Officer and Principal Accounting Officer, effective immediately.
Global Interactive Technologies, Inc. has closed a $550,000 convertible promissory note offering with FirstFire Global Opportunities Fund, LLC.
Capital raise
Global Interactive Technologies, Inc. received a Nasdaq delinquency notice for failing to timely file its 2025 Form 10-K.
Worse than expected
Delay expected
Quarterly Earnings (10-Q)
Global Interactive Technologies, Inc. reported a net loss of $542,977 for Q3 2025, alongside a significant increase in cash and current assets, while addressing going concern doubts and an administrative fine.
Capital raise
Worse than expected
Global Interactive Technologies, Inc. reports minimal revenue and significant losses, raising substantial doubt about its ability to continue as a going concern despite strategic restructuring and capital raising efforts.
Capital raise
Worse than expected
Global Interactive Technologies reports a net loss for Q1 2025, but anticipates revenue generation from the revamped FANING platform and K-Food products in the coming months.
Capital raise
Worse than expected
Hanryu Holdings experienced a significant decrease in revenue during the third quarter of 2024, primarily due to the restructuring of its FANTOO platform.
Worse than expected
Capital raise
10-Q: Hanryu Holdings Reports Q2 2024 Results with Revenue Decline and Ongoing Going Concern Concerns
Hanryu Holdings' Q2 2024 results show a significant revenue decrease and continued operating losses, raising concerns about the company's ability to continue as a going concern.
Worse than expected
Capital raise
Hanryu Holdings experienced a slight decrease in revenue and a reduced net loss in the first quarter of 2024, while continuing to develop its FANTOO platform.
Worse than expected
Capital raise
Annual Reports (10-K)
Global Interactive Technologies, Inc. (GITS) reports its 2024 10-K filing, highlighting a year of restructuring, leadership changes, and strategic shifts towards its FANING platform, while addressing going concern uncertainties and outlining future growth strategies.
Capital raise
Worse than expected
Hanryu Holdings' 10-K filing highlights the growth of its FANTOO platform, its user reward system, and financial results for the year ended December 31, 2023.
Delay expected
Capital raise
Worse than expected
Insider Trading (Form 4)
Reporting person Hang Muk Shin converted $105,444 of debt into common stock and warrants of Global Interactive Technologies, Inc.
Capital raise
Amy Xianglin Shi, a director of Global Interactive Technologies, Inc., reported that her affiliated entity, PixelArc, LLC, converted $172,666 in outstanding loan balances into 246,666 shares of common stock at $0.70 per share.
Capital raise
Proxy Statements (Def-14A)
Global Interactive Technologies, Inc. announces its 2025 Annual Meeting of Stockholders to vote on director elections, a par value increase, an equity incentive plan expansion, director removal ratification, and auditor appointment.
Worse than expected
Hanryu Holdings Inc. has announced its 2024 Annual Meeting of Stockholders, where a key proposal to effect a reverse stock split will be voted on.
Worse than expected
New Public Companies (S-1)
Global Interactive Technologies, Inc. has filed an S-1 registration statement to allow a selling stockholder to resell up to 2,185,792 shares of common stock.
Capital raise
Global Interactive Technologies, Inc. is offering up to 3.8 million shares and warrants in a 'reasonable best efforts' offering to raise capital, facing substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Global Interactive Technologies, Inc. is offering up to 4.03 million shares and warrants to raise capital, facing significant financial losses and a 'going concern' warning from its auditor.
Capital raise
Worse than expected
Global Interactive Technologies, Inc. is conducting a 'reasonable best efforts' offering of common stock and warrants to raise up to $4.5 million, despite significant financial challenges and a going concern warning from its auditor.
Worse than expected
Capital raise
S-1/A: Global Interactive Technologies Seeks Capital Amid Severe Financial Distress and Regulatory Scrutiny
Global Interactive Technologies, operator of the Faning K-culture platform, is seeking to raise capital through a new stock and warrant offering to address severe liquidity issues and fund operations, following significant financial mismanagement and ongoing regulatory challenges.
Capital raise
Worse than expected
Global Interactive Technologies, Inc. has filed an S-1 registration statement for a public offering of common stock and warrants to raise capital, while facing significant financial losses, an auditor's going concern warning, and an ongoing appeal against a Korean securities fine.
Capital raise
Worse than expected
Schedule 13D - Activist Investments
Major shareholder Hang Muk Shin reports an 11.89% stake and raises concerns over potential unfair related-party transactions.
Delay expected
Capital raise
SCHEDULE 13D: Global Interactive Technologies Converts Debt to Equity Amidst Financial Strain, PixelArc Becomes Significant Shareholder
Global Interactive Technologies, Inc. (GITS) converted $172,666 in secured loans from PixelArc LLC into common stock, resulting in PixelArc holding an 8.4% stake, as the company faced urgent financial needs to maintain NASDAQ listing and cover critical expenses.
Worse than expected
Delay expected
Capital raise
SCHEDULE 13D: Evan Trust and Amy Xianglin Shi Disclose Significant Stake in Global Interactive Technologies, Inc. via Debt Conversion
Evan Trust and its trustee, Amy Xianglin Shi, have disclosed beneficial ownership of over 10% of Global Interactive Technologies, Inc.'s common stock, primarily through a $210,000 debt-to-equity conversion.