Global Interactive Technologies, Inc. 8-K

What Happened Global Interactive Technologies, Inc. (GITS) announced on its Form 8-K that it received a delinquency compliance alert from Nasdaq on May 21, 2026, saying the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) for failing to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026. Nasdaq had previously notified GITS on April 17, 2026 that the company was delinquent for not filing its Annual Report on Form 10-K for the period ended December 31, 2025. GITS issued a press release on May 22, 2026 and said it intends to update its plan to regain compliance.

Key Details

• Nasdaq non-compliance notice received May 21, 2026 under Listing Rule 5250(c)(1) (timely SEC periodic filings).
• Company failed to file the Q1 2026 Form 10-Q (period ended March 31, 2026) and, as previously reported, has not filed the Form 10-K for period ended December 31, 2025.
• Nasdaq’s staff limits any additional exception to a maximum of 180 days from the due date of the initial delinquent filing — giving a latest cure date of October 12, 2026.
• GITS must submit an update to its plan to regain compliance by June 22, 2026 and intends to do so; press release furnished May 22, 2026.

Why It Matters Failure to file required SEC reports can put a company at risk of delisting from Nasdaq, reduce transparency for investors, and increase trading risk. Nasdaq’s 180-day limit (through October 12, 2026) sets a firm timeline for GITS to cure the delinquencies; if GITS does not satisfy the filing requirements or obtain further relief, Nasdaq could commence delisting proceedings. Investors should monitor the company’s filings and the planned compliance update due June 22, 2026 for progress.