SCHEDULE: Bruce Grossman Ups Glimpse Group Stake to 9.99%

Bruce Grossman, through affiliated entities, has increased his beneficial ownership of Glimpse Group, Inc. common stock to 9.99%, holding 2,215,698 shares.

Summary

• Bruce Grossman, via Dillon Hill Capital LLC and Dillon Hill Investment Company II LLC, now beneficially owns 2,215,698 shares of Glimpse Group, Inc. common stock.
• This represents 9.99% of the company's outstanding common stock, based on 21,698,812 shares outstanding as of May 15, 2026.
• The filing is an amendment (Amendment No. 3) to a Schedule 13G.
• Grossman may be deemed to have sole voting and dispositive power over shares held by Dillon Hill Capital LLC and Dillon Hill Investment Company II LLC.
• Warrants to purchase additional shares are held by these entities, but only shares issuable up to ownership limitations are included in the reported beneficial ownership.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, indicating a significant but not overwhelming stake by a key investor, with potential for future influence but no immediate aggressive action.

Positives

• Bruce Grossman has increased his stake to a significant 9.99%, demonstrating continued confidence in Glimpse Group.
• The filing clarifies beneficial ownership through specific LLCs, providing transparency.
• The inclusion of warrants suggests potential for further investment and ownership growth, subject to limitations.

Negatives

• The filing does not detail the specific reasons for the increase in beneficial ownership.
• The exercise of warrants is subject to ownership limitations, which could restrict future share acquisition.

Risks

• Potential for future changes in beneficial ownership that could impact control or strategy.
• The exercise of warrants is subject to beneficial ownership limitations, which could prevent full utilization of these rights.

Future Outlook

The filing itself does not contain forward-looking statements or guidance. However, the ownership of warrants by Dillon Hill Capital LLC and Dillon Hill Investment Company II LLC suggests a potential for future share acquisition, subject to beneficial ownership limitations.

Management Comments

• Bruce Grossman certifies that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than in connection with a nomination under Rule 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and significant individual shareholders to report holdings exceeding 5% of a company's stock. Bruce Grossman's increased stake to just under 10% positions him as a substantial shareholder in the technology sector, specifically within Glimpse Group's focus on augmented reality and virtual reality.

Stakeholder Impact

• Shareholders: The increased stake by a significant investor may signal confidence, potentially influencing market perception. However, the lack of explicit strategic intent beyond standard reporting could limit immediate impact.
• Management: May face increased scrutiny or engagement from Bruce Grossman given his substantial ownership.
• Creditors: No direct impact indicated by this filing.

Next Steps

• Continued monitoring of Bruce Grossman's beneficial ownership and potential exercise of warrants.
• Observation of Glimpse Group's strategic decisions and performance, which may be influenced by significant shareholders.

Key Dates

Keywords

Glimpse Group, Bruce Grossman, Schedule 13G, Beneficial Ownership, Common Stock, Investment, Warrants, Dillon Hill Capital