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Global Interactive Technologies, Inc. Receives Compliance Notice from Nasdaq

  • SEOUL, KOREA / ACCESS Newswire / May 5, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the "Company"), announced that on April 30, 2025 the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, based on the April 30, 2025 filing of the Company's Form 10-K for the year ended December 31, 2024, the Company is now in compliance with Nasdaq's listing requirements. About Global Interactive Technologies, Inc. Global Interactive Technologies, Inc., is the creator of the engaging and innovative social media platform, "FANING" FANING connects users around the world that share similar interests by providing distinctive service offerings, technologies, applications, and websites.
    05/05/2025

Global Interactive Technologies, Inc. Announces Receipt of a Delinquency Compliance Alert Notice from Nasdaq

  • SEOUL, KOREA / ACCESS Newswire / April 28, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the "Company"), announced that on April 24, 2025, it received a delinquency compliance alert notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") advising the Company that due to the Company's failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2024 with the Securities and Exchange Commission (the " SEC "), the Company is not in compliance with Nasdaq's continued listing requirements under Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic reports with the SEC. Under Nasdaq rules, the Company has 60 calendar days from the date of the Nasdaq Notification Letter to submit to Nasdaq a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1).
    04/28/2025
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The price of (GITS) is 1.3429 and it was updated on 2025-05-08 13:00:29.

Currently (GITS) is in undervalued.

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Global Interactive Technologies, Inc. Regains Compliance with Nasdaq's Minimum Bid Price Requirement

  • SEOUL, KOREA / ACCESS Newswire / February 10, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the "Company"), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced that on February 10, 2025, the Company received a notification letter from the staff at the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq"), confirming that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule"). To regain compliance with the Rule, the Company's common stock was required to maintain a minimum bid price of $1.00 or more for at least 10 consecutive business days by February 3, 2025.
    Mon, Feb. 10, 2025

Global Interactive Technologies, Inc. Announces its Receipt of Determination Letter from Nasdaq

  • SEOUL, KOREA / ACCESS Newswire / February 10, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the "Company"), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced that on February 5, 2025, the Company received a notification letter (the "Determination Letter") from the staff at the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq"). As disclosed in the Company's Form 8-K filed on August 9, 2024, Nasdaq granted the Company 180 days, until February 3, 2025, to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company's common stock to maintain a minimum bid price of $1.00 per share (the "Minimum Bid Price Requirement").
    Mon, Feb. 10, 2025

CORRECTION: Global Interactive Technologies, Inc. Announces 1-for-20 Reverse Stock Split

  • Explanatory Note The press release we issued in the evening of January 22, 2025, inadvertently contained an error by incorrectly stating that no fractional shares will be issued in connection with the Reverse Stock Split and all fractional shares will be rounded up. The press release should have stated that stockholders who would otherwise be entitled to receive fractional shares as a result of the Reverse Stock Split will be entitled to a cash payment in lieu thereof.
    Wed, Jan. 22, 2025

Global Interactive Technologies, Inc. Announces 1-for-20 Reverse Stock Split

  • SEOUL, KOREA / ACCESS Newswire / January 22, 2025 / Global Interactive Technologies, Inc. (Nasdaq:GITS) ("Global Interactive" or the "Company"), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced that it will effect a 1-for-20 reverse stock split ("Reverse Stock Split") of its issued and outstanding shares of common stock, par value $0.0001 per share ("Common Stock"). The Reverse Stock Split will become effective at 12:01am, Eastern Time, on January 27, 2025.
    Wed, Jan. 22, 2025
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