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BCS

Current Report · Items 1.01, 3.02, 9.01 · 8-K

Global Interactive Technologies, Inc.

GITSNASDAQEQUITYCurrent

Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities

Item 1.01 Entry into a Material Definitive Agreement. Securities Purchase Agreement On June 25, 2026, Global Interactive Technologies, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Securities Purchase Agreement ”) with the purchaser named therein (the “ PIPE Investor ”) for the purpose of raising approximately $2,000,000 in aggregate gross proceeds for the Company befo…

Filed Jun 30, 2026Accepted Jun 30, 2026, 9:20 AM EDTCIK 1911545Accession 0001493152-26-031219
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Company context

Current securities

Recent company filings

  1. SEC STAFF ACTION filingOct 27, 2026
  2. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsOct 21, 2026
  3. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingSep 10, 2026
  4. 10-Q filingSep 9, 2026
  5. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD DisclosureAug 21, 2026

Registered securities in this filing

GLOBAL INTERACTIVE TECHNOLOGIES, INC. · 8-K · Filed 2026-06-30

As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.

Common Stock, par value $0.001 per share

Symbol
GITS
Exchange
NASDAQ
Classification
COMMON
Status
Current
Filing context

Context: AsOf2026-06-25

Dimensions: Not supplied

Accession 000149315226031219 · 1 registered-security cover member

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Disclosure sections

Items 1.01, 3.02, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement. Securities Purchase Agreement On June 25, 2026, Global Interactive Technologies, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Securities Purchase Agreement ”) with the purchaser named therein (the “ PIPE Investor ”) for the purpose of raising approximately $2,000,000 in aggregate gross proceeds for the Company before deducting placement agent fees and other expenses payable by the Company. Pursuant to the terms of the Securities Purchase Agreement, the Company agreed to issue and sell to the PIPE Investor in a private placement (the “ Private Placement ”) (i) pre-funded warrants to purchase up to 1,092,896 shares of Common Stock (the “ Pre-Funded Warrants ”), and (ii) Common Stock purchase warrants (the “ Common Stock Warrants ”) to purchase up to 1,092,896 shares (the “ Common Stock Warrant Shares ”) of the Company’s common stock, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $1.829 per Pre-Funded Warrant to purchase one share of Common Stock and accompanying Common Stock Warrant to purchase one share of Common Stock. Each Pre-Funded Warrant is exercisable for one share of the Common Stock. The Pre-Funded Warrants have an exercise price of $0.001 per share of Common Stock, are immediately exercisable, and may be exercised at any time until exercised in full. The Common Stock Warrants are exercisable commencing on the six (6) month anniversary of the issuance date at an exercise price of $1.83 per Common Stock Warrant Share, subject to adjustment, and will expire five and one-half (5.5) years from the Closing Date (as such term is defined below). Pursuant to the Securities Purchase Agreement, the Company has agreed not to issue, enter into any agreement to issue, or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents (as such term is defined in the Securities Purchase Agreement) until thirty (30) days after the effective date of the registration statement to be filed pursuant to the Registration Rights Agreement discussed below (the “ Effective Date ”). In addition, the Company agreed to not enter into a Variable Rate Transaction (as defined in the Securities Purchase Agreement) until ninety (90) days following the Effective Date, subject to certain exceptions as set forth in the Securities Purchase Agreement. The Private Placement closed on June 29, 2026 (the “ Closing Date ”). The aggregate gross proceeds to the Company from the Private Placement were approximately $2,000,000, before deducting the placement agent’s fee and offering expenses payable by the Company. The Company intends to use the net proceeds from the Private Placement (i) to repay amounts owed under the Company’s Convertible Promissory Note held by FirstFire Global Opportunities Fund, LLC and (ii) for general corporate and working capital purposes. Placement Agency Agreement In connection with the Private Placement, the Company entered into a Placement Agency Agreement with D. Boral Capital LLC (the “ Placement Agent ”), dated June 25, 2026, pursuant to which the Placement Agent acted as the exclusive placement agent for the Company in connection with the Private Placement (the “ Placement Agency Agreement ”). Pursuant to the Placement Agency Agreement, 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. The Placement Agency Agreement contains customary representations, warranties, and agreements by the Company, customary conditions to closing, indemnification obligations of the Company, other obligations of the parties, and termination provisions. Registration Rights Agreement In connection with the Securities Purchase Agreement, the Company entered into a Registration Rights Agreement with the PIPE Investor (the “ Registration Rights Agreement ”), pursuant to which the Company is required to prepare and file a registration statement (the “ Registration Statement ”) with the Securities and Exchange Commission (the “ SEC ”) under the Securities Act of 1933, as amended (the “ Securities Act ”), covering the resale of the Common Stock Warrant Shares and the shares of Common Stock issuable upon the exercise of the Pre-Funded Warrants. The Company is required to file the Registration Statement with the SEC within 30 days after the Closing Date and is required to have the Registration Statement declared effective by the SEC in accordance with the terms of the Registration Rights Agreement. The foregoing descriptions of the material terms of the Securities Purchase Agreement, the Common Stock Warrants, the Pre-Funded Warrants, the Placement Agency Agreement and the Registration Rights Agreement, do not purport to be complete and are qualified in their entirety by reference to the full texts of the Securities Purchase Agreement, the Form of Common Stock Warrant, the Form of Pre-Funded Warrant, the Placement Agency Agreement and the Registration Rights Agreement, copies of which are filed as Exhibits 10.1, 4.1, 4.2, 10.2 and 10.3 respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 3.02 Unregistered Sales of Equity Securities. The information contained in Item 1.01 relating to the Private Placement is hereby incorporated by reference into this Item 3.02. The Common Stock Warrants, the Pre-Funded Warrants and the shares of Common Stock underlying the Common Stock Warrants and the Pre-Funded Warrants, are being sold and/or issued without registration under the Securities Act in reliance on the exemption provided by Section 4(a)(2) of the Securities Act as a transaction not involving a public offering and/or Rule 506(b) of Regulation D promulgated thereunder as well as available exemptions under applicable state securities laws.
Filed exhibits (2)
EX-4.1 (by filename) ex4-1.htm

EX-4.1 2 ex4-1.htm EX-4.1 Exhibit 4.1 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. THIS SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES. COMMON STOCK PURCHASE WARRANT GLOBAL INTERACTIVE TECHNOLOGIES, INC. Warrant Issue Shares: 1,092,896 Date: June 29, 2026 THIS COMMON STOCK PURCHASE WARRANT (this “ Warrant ”) certifies that, for value received, Armistice Capital Master Fund Ltd. or its assigns (the “ Holder ”) is entitled, upon the terms and subject to the limitations…

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EX-4.2 (by filename) ex4-2.htm

EX-4.2 3 ex4-2.htm EX-4.2 Exhibit 4.2 NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. THIS SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES. PREFUNDED COMMON STOCK PURCHASE WARRANT GLOBAL INTERACTIVE TECHNOLOGIES, INC. Warrant Initial Shares: 1,092,896 Exercise Date: June 29, 2026 THIS PREFUNDED COMMON STOCK PURCHASE WARRANT (“ Warrant ”) certifies that, for value received, Armistice Capital Master Fund Ltd. or its assigns (the “ Holder ”) is entitled, upon the terms and …

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