Home/Filings/8-K/0001493152-26-000835
8-K//Current report

Glimpse Group, Inc. 8-K

Accession 0001493152-26-000835

$VRARCIK 0001854445operating

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 5:00 PM ET

Size

227.4 KB

Accession

0001493152-26-000835

Research Summary

AI-generated summary of this filing

Updated

Glimpse Group Amends ATM Sales Agreement, Raises Offering to $9.48M

What Happened Glimpse Group, Inc. filed a Current Report on Form 8-K (Item 8.01) announcing a second amendment to its At-the-Market (ATM) Sales Agreement with WestPark Capital, Inc. The original ATM (entered July 11, 2025) authorized up to $3,081,340 of common stock sales; the company amended that cap on November 21, 2025 to $3,502,910 and again on January 2, 2026 to increase the maximum to $9,478,200. The amendment increasing the cap is included as Exhibit 10.1 to the 8-K. The company states that no shares have been sold under the ATM facility to date.

Key Details

  • Agent: WestPark Capital, Inc. (sales agent under the ATM).
  • Original ATM effective July 11, 2025: up to $3,081,340 of common stock.
  • First amendment (Nov 21, 2025): increased cap to $3,502,910.
  • Second amendment (Jan 2, 2026): increased cap to $9,478,200.
  • Status: No shares sold under the ATM as of this filing.

Why It Matters The amended ATM gives Glimpse Group flexibility to raise up to $9.48 million by selling common stock into the market over time. For investors, that means the company has an on‑going mechanism to access capital quickly if needed; if and when shares are actually sold, existing shareholders would experience dilution. The 8-K is a notification of the increased capacity only—no sales have occurred, and the filing does not itself offer or sell securities.