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Global Interactive Technologies, Inc. Regains Compliance with Nasdaq's Minimum Bid Price Requirement

1. GITS regained compliance with Nasdaq's minimum bid price requirement. 2. Stock maintained a minimum price of $1.00 for 10 consecutive days.

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FAQ

Why Bullish?

Regaining compliance with Nasdaq may boost investor confidence and stock performance, similar to past recoveries in tech stocks.

How important is it?

The compliance confirmation is a positive signal that can strengthen market position and stock attractiveness.

Why Short Term?

Compliance boosts immediate market perception, but sustainability is key for long-term impact.

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NASDAQ:GITS
SEOUL, KOREA / ACCESS Newswire / February 10, 2025 / Global Interactive Technologies, Inc. (NASDAQ:GITS) (the "Company"), a media-tech company and creator of FANTOO, an all-in-one social media experience connecting k-culture fans globally, today announced that on February 10, 2025, the Company received a notification letter from the staff at the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq"), confirming that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule"). To regain compliance with the Rule, the Company's common stock was required to maintain a minimum bid price of $1.00 or more for at least 10 consecutive business days by February 3, 2025.

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