Global Interactive Technologies, Inc. 8-K

What Happened

• On January 26, 2026, Global Interactive Technologies, Inc. (GITS) filed an 8-K announcing it entered into a definitive agreement to acquire the master recording and worldwide rights to distribute and commercially exploit the official theme song for the animated feature The Legend of MegaRace. The song will be performed by the K‑pop group ATEEZ.
• The agreement also provides for distribution of promotional content through GITS’s owned digital platforms. The company states the agreement was reached after negotiations and required approvals; the financial terms were not material and are not disclosed.

Key Details

• Artist: ATEEZ will perform the official theme song for The Legend of MegaRace.
• Rights acquired: Ownership of the master recording plus worldwide rights to distribute and commercially exploit the recording in connection with the film and related promotions.
• Distribution: Includes promotion through the company’s owned digital platforms.
• Filing: Press release dated January 26, 2026 is included as Exhibit 99.1 to the 8-K; company notes the release is not intended to be “filed” for Section 18 liability purposes.

Why It Matters

• Ownership of the master recording and worldwide distribution rights gives GITS direct control over how the theme song is used and monetized in connection with the film and related promotions, which could support marketing and ancillary revenue opportunities.
• The company characterizes the financial terms as not material and provides no financial projections, so investors should note there is no disclosed immediate impact to revenue or earnings from this agreement.