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Hang Muk Shin converts debt to GITS (GITS) shares and warrants in Form 4
Global Interactive Technologies, Inc. insider Hang Muk Shin converted approximately $105,444 of outstanding indebtedness into equity, receiving 90,123 shares of common stock and 81,739 warrants. This transaction adjusted his direct holdings to 285,000 shares and indirect holdings to 151,915 shares, with all figures reflecting a 1-for-20 reverse stock split effective January 27, 2025. The warrants are immediately exercisable at $1.29 per share and expire on May 7, 2030.