Global Interactive Technologies, Inc

Global Interactive Technologies has priced a $2.0 million private placement with a single institutional investor. The company will issue 1,092,896 shares of common stock or pre-funded warrants, along with accompanying warrants to purchase an equal number of shares. The combined purchase price is $1.83 per share and warrant, or $1.829 per pre-funded warrant and warrant. The warrants become exercisable six months after issuance, have an exercise price of $1.83 per share, and a term of 5.5 years. The offering is expected to close around June 26, 2026, with D. Boral Capital acting as exclusive placement agent.