GITS · Global Interactive Technologies, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“As of March 31, 2026, the Company had an accumulated deficit of $43,031,188 and a working capital deficiency of $1,130,771. In addition, the Company incurred an net loss of $496,993 for the period ended March 31, 2026. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for twelve months after the issuance date of these consolidated financial statements.”View the 10-Q filed Jun 22, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2025-10-29 | Shin Hang Muk |
10% Owner |
Other↑
Filing footnotes — Warrant to Purchase Common Stock (Direct)
Warrants to purchase shares of the Issuer's common stock issued in connection with the conversion of approximately $105,444 of outstanding indebtedness pursuant to a Debt Conversion Agreement dated as of May 7, 2025, approved by the Issuer's Board of Directors on June 3, 2025, and issued to Mr. Shin on October 29, 2025. The warrants are immediately exercisable. All shares reflect a 1-for-20 reverse stock split of the Issuer's shares of common stock, effective January 27, 2025. |
Warrant to Purchase Common Stock
|
81,739 |
| 2025-10-29 | Shin Hang Muk |
10% Owner |
Other↑
Filing footnotes — Common Stock, par value $0.001 (Direct)
Represents shares of common stock issued to Mr. Shin upon conversion of approximately $105,444 of outstanding indebtedness pursuant to a Debt Conversion Agreement dated as of May 7, 2025, approved by the Issuer's Board of Directors on June 3, 2025, and issued to Mr. Shin on October 29, 2025. Represents shares of common stock beneficially owned by Hang Muk Shin, including shares held by his spouse (Taehee Kim) and children (Yi Jun Shin and Yi Hyeon Shin), over which Mr. Shin exercises voting and dispositive power. Mr. Shin disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. All shares reflect a 1-for-20 reverse stock split of the Issuer's shares of common stock, effective January 27, 2025. |
Common Stock, par value $0.001
|
90,123 |
| 2025-05-20 | Shi Amy Xianglin |
Director |
Other↑
Filing footnotes — Common Stock, par value $0.001 (Indirect)
On May 19, 2025, PixelArc, LLC submitted a proposal to convert its outstanding loan balances into equity. On May 20, 2025, PixelArc LLC delivered a formal Notice of Conversion to the Issuer, pursuant to which the combined $172,666 in principal under the outstanding loans will be converted into 246,666 shares of the Issuer's common stock at a price of $0.70 per share. The Reporting Person is the sole managing member and Chief Executive Officer of PixelArc LLC and exercises exclusive voting and dispositive power over the securities reported herein. |
Common Stock, par value $0.001
(I)
|
246,666 |