Glimpse Group, Inc. 8-K
Research Summary
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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.