InvestmentJun 30, 2026, 09:16 AM
Global Interactive Technologies Closes $2.0M Private Placement
AI Summary
Global Interactive Technologies, Inc. announced the successful closing of its private placement, raising approximately $2.0 million in gross proceeds. The financing, which closed on June 29, 2026, was completed with a single institutional investor. The company plans to use the net proceeds to repay outstanding debt obligations and for working capital and general corporate purposes to support its business strategy.
Key Highlights
- Successfully closed previously announced private placement.
- Generated gross proceeds of approximately $2.0 million.
- Private placement closed on June 29, 2026.
- Financing completed with a single institutional investor.
- Net proceeds to repay outstanding debt obligations.
- Funds also for working capital and general corporate purposes.
- D. Boral Capital LLC acted as exclusive placement agent.
Price Impact
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