Global Interactive Technologies Signs $18M Equity Purchase Agreement With Hudson Global Ventures

Global Interactive Technologies, Inc. has entered into an $18 million Equity Purchase Agreement with Hudson Global Ventures. The agreement allows the company to sell shares of its common stock to the investor at its discretion, with the purchase price set at approximately 93% of the market price. The agreement is valid for up to 24 months, and the investor's ownership is capped at 4.99% of the company's outstanding stock. The company is required to file a registration statement for the resale of shares within 60 days of the agreement.