Global Interactive Technologies, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $6.2M
- Price
- $1.69
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.81%
- Volume
- 98.1K
About
Global Interactive Technologies, Inc. offers a worldwide multimedia platform where users can connect with peers who share similar interests. This platform facilitates the exchange of appreciation for diverse forms of entertainment and cultures, including specific focus areas like K-POP and modern Korean culture. The company's services are delivered exclusively through its FANTOO platform. Established on October 20, 2021, the firm's main offices are situated in Seoul, South Korea.
Quick stats
Shares outstanding3.7M
Computed float2.4M
Float / shares65.4%
Key info
SectorCommunication Services
IndustryInternet Content & Information
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001911545
AI Summary
AI-generated1/5
minorneutraloffering
Global Interactive Technologies Announces Closing of $2.0 Million Private Placement
Global Interactive Technologies closed a $2.0 million private placement with a single institutional investor.
The company intends to use the net proceeds to repay outstanding debt and for working capital and general corporate purposes.
D. Boral Capital LLC acted as the exclusive placement agent for the transaction.
Red flags
- Proceeds partially allocated to vague 'general corporate purposes'
- Financing used to repay debt indicates potential liquidity constraints