Shin Hang Muk bought GITS
October 29, 2025 · Form 4 insider transaction
Shin Hang Muk bought 90,123 shares of Global Interactive Technologies, Inc. at $1.17 per share, a transaction worth $105.4K. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 177 days after the transaction.
Footnotes
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.