Brightline Interactive, Inc 8-K, filed Aug 2, 2021
Brightline Interactive, Inc. (BTLN)
About this 8-K
Brightline Interactive, Inc filed this 8-K on August 2, 2021.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 2, 2021
THE GLIMPSE GROUP, INC.
(Exact name of registrant as specified in charter)
| Nevada | 001-40556 | 81-2958271 | ||
| (State or other jurisdiction | (Commission | (IRS Employer | ||
| of incorporation) | File Number) | Identification No.) |
15 West 38th St., 9th Fl
New York, NY 10018
(Address of principal executive offices) (Zip Code)
(917)-292-2685
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| Common Stock | VRAR | The Nasdaq Stock Market LLC (The Nasdaq Capital Market) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company [X]
If an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
ITEM 7.01 Regulation FD Disclosure
On August 2, 2021, The Glimpse Group, Inc. (the “Company”) issued a press release announcing that the U.S. Patent and Trademark Office has issued patent No. 11095947 to Pagoni VR, a wholly owned subsidiary of the Company.
A copy of the above-mentioned press release is attached herewith as Exhibit 99.1.
The information in this Item 7.01 disclosure, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section. In addition, the information in this Item 7.01 disclosure, including Exhibits 99.1, shall not be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release dated August 2, 2021 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 2, 2021
| THE GLIMPSE GROUP, INC. |
| By: | /s/ Lyron Bentovim | |
| Lyron Bentovim | ||
| Chief Executive Officer |
Exhibit 99.1
The Glimpse Group Issued Fourth Virtual and Augmented Reality
U.S. Patent (aka “Virtual Time Machine”)
Pagoni VR, a Glimpse Subsidiary Company, Issued a New U.S. Patent For The
Sharing, Processing and Streaming of User-Generated Content Across Numerous
Capture and Viewing Devices
NEW YORK, NY August 2, 2021 – Pagoni VR, a wholly owned subsidiary of The Glimpse Group, Inc. (NASDAQ: VRAR; “Glimpse”), and a provider of Virtual Reality (VR) and Augmented Reality (AR) based, real-time video broadcasting solutions, today announced that it has been issued U.S. Patent number 11,095,947 (“Patent”).
Jimmy Giliberti, General Manager of Pagoni VR and one of the Patent’s inventors, commented: “We view this patent as a particularly significant one with potentially far-reaching implications. The Patent facilitates multiple video recording devices, all sharing captured content in real-time and uploading for processing via a network system, after which a centralized processor creates and streams back an aggregated video map to viewing devices”.
Jimmy Giliberti continued: “To illustrate, imagine content captured by multiple wearers of AR smart glasses, capturing content in a certain location or event, sharing that content with the network, thereby creating a real time video image map of that location or event at a certain point in time. Users, via VR or AR headsets, can then go into that location and experience it, at any time and from any geography, either live or by Video-On-Demand (in a sense, “time travel”), as the video image map created by the multiple recording devices is a permanent video reflection of that location or event at that particular time”.
Lyron Bentovim, President & CEO of Glimpse and one of the Patent inventors, commented, “Our patent efforts are a core strategic focus for Glimpse. Given the early stage of the VR & AR industry, our patents are forward looking as we strive to capture very wide concepts that we envision may be of great significance in the future, as the industry matures. To date, Glimpse has filed 13 patent applications in the U.S., across its base of 9 subsidiary companies, and has been issued 4 of those so far. We look forward to continue to invest in expanding our patent portfolio over time”.
About Pagoni VR
Pagoni VR is a provider of real-time Virtual and Augmented Reality broadcasting software and solutions. We build solutions to facilitate 360 and 180 degree video workflows, while creating new and innovative solutions that combine real world and virtual world elements. And we keep it simple.
For more details: https://pagonivr.com/
About The Glimpse Group, Inc.
The Glimpse Group (NASDAQ: VRAR) is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry. Glimpse’s unique business model simplifies challenges faced by VR/AR companies and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com
Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,”, “view,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Pagoni VR Contact:
Jimmy Giliberti
General Manager
jimmyg@pagonivr.com
Glimpse Contact:
Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
917-292-2685
maydan@theglimpsegroup.com
Investor Relations:
Mark Schwalenberg, CFA
Director
MZ Group – North America
312-261-6430
Glimpse@mzgroup.us
www.mzgroup.us