Global Interactive Technologies Inc. Regains Nasdaq Compliance

Global Interactive Technologies Inc., a company operating within the Communication Services sector, has recently regained compliance with Nasdaq’s listing requirements. This development was announced on May 5, 2025, following a notification from Nasdaq’s Listing Qualifications Department. The compliance was based on the company’s Form 10-K filing for the year ended December 31, 2024.

Company Overview

Global Interactive Technologies Inc. is known for its innovative social media platform, FANING. The platform connects users worldwide who share similar interests, offering a unique multimedia experience. Users can interact, share content, engage in commerce, and participate in a vibrant fandom community. The company’s primary exchange is Nasdaq, and it operates with a market capitalization of $3,490,000 USD. Despite a challenging financial period, as indicated by a price-to-earnings ratio of -51.54, the company has shown resilience.

Recent Financial Performance

As of May 1, 2025, the company’s close price was $1.34. Over the past year, the stock has experienced significant volatility, with a 52-week high of $5.06 on January 26, 2025, and a low of $0.097 on January 23, 2025.

Implications of Nasdaq Compliance

Regaining compliance with Nasdaq is a significant milestone for Global Interactive Technologies Inc. It enhances the company’s credibility and may positively influence investor confidence. This compliance ensures that the company meets the necessary financial and governance standards required by the exchange.

For more detailed information about Global Interactive Technologies Inc., interested parties can visit their official website at www.gitechnologies.com .