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Global Interactive Technologies, Inc. Receives Compliance Notice from Nasdaq

1. GITS is now compliant with Nasdaq listing requirements after filing its Form 10-K. 2. The compliance notification may enhance investor confidence in GITS's financial health.

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Why Bullish?

Compliance with Nasdaq enhances legitimacy and may increase investor confidence. Historical examples show that companies regaining compliance often see a positive price impact.

How important is it?

Achieving compliance subjects GITS to less scrutiny and potentially encourages new investments, making this news pivotal.

Why Short Term?

Short-term market reactions to compliance news usually lead to immediate price movements. Similar cases have shown validation of listing can result in quick investor injections.

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NASDAQ
SEOUL, KOREA / ACCESS Newswire / May 5, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the "Company"), announced that on April 30, 2025 the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, based on the April 30, 2025 filing of the Company's Form 10-K for the year ended December 31, 2024, the Company is now in compliance with Nasdaq's listing requirements. About Global Interactive Technologies, Inc. Global Interactive Technologies, Inc., is the creator of the engaging and innovative social media platform, "FANING" FANING connects users around the world that share similar interests by providing distinctive service offerings, technologies, applications, and websites.

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