Announcement • Jul 01
Global Interactive Technologies, Inc. announced that it has received $1.998907 million in funding On June 29, 2026, Global Interactive Technologies, Inc. has closed the transaction. The company issued 1,092,896 pre-funded warrants at the price of $1.829 per Pre-Funded Warrant for the gross proceeds of $1,998,906.784 to purchase up to 1,092,896 shares of Common Stock. The Common Stock Warrant Share, subject to adjustment, and will expire five and 5.5 years from the Closing Date. the Company agreed to pay the Placement Agent a cash fee of 7.0% of the gross proceeds from the Private Placement. In addition, the Company agreed to reimburse the Placement Agent for up to $50,000 of its fees and expenses in connection with the Private Placement. GITS
Live News • Jun 30
Global Interactive Technologies Raises $2 Million in Private Placement for Debt and Operations Global Interactive Technologies closed a $2.0 million private placement with a single institutional investor under a previously announced Securities Purchase Agreement.
The company plans to use the net proceeds to repay outstanding debt obligations and to fund working capital and general corporate purposes, which could affect its balance sheet structure and day-to-day liquidity.
The stock last traded at $2.27, with a year-to-date return of 206.3%, highlighting that Global Interactive Technologies has already seen very strong share price moves in 2026.
This fresh capital gives Global Interactive Technologies more room to manage existing obligations while supporting operations. However, it also concentrates funding reliance on one institutional backer. The key question is how effectively management allocates this $2.0 million between debt reduction and business needs, since the trade-off between lower financial risk and operational investment will shape the company’s risk profile from here. Announcement • Jun 27
Global Interactive Technologies, Inc. announced that it expects to receive $2 million in funding Global Interactive Technologies, Inc. announced that it has entered into a securities purchase agreement with an institutional investor to purchase 1,092,896 common shares at an issue price of $1.83 or pre-funded warrants in lieu thereof at an issue price of $1.829 and 1,092,896 accompanying warrants for gross proceeds of $2,000,000 on June 25, 2026. The warrants will be exercisable on the six-month anniversary of their issuance, have an exercise price of $1.83 per share and a term of 5.5 years. The closing of the offering is expected to occur on or about June 26, 2026, subject to the satisfaction of customary closing conditions. The offer and sale of the foregoing securities is made in a private placement in reliance on an exemption from the registration requirement of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder, and applicable state securities laws. Accordingly, the securities offered in the private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirement of the Securities Act and such applicable state securities laws. 
