Global Interactive Technologies Regains Nasdaq Compliance

Global Interactive Technologies, Inc. (NASDAQ: GITS), the media-tech company behind the popular social media platform FANTOO, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq's Listing Qualifications Department on February 10, 2025, that it has met the necessary criteria by maintaining a share price above $1.00 for at least 10 consecutive business days, specifically from January 27 through February 7, 2025. This development ensures GITS will continue to be listed and traded on the Nasdaq exchange, resolving their previous bid price deficiency matter.

The successful compliance with Nasdaq's minimum bid price requirement represents a critical milestone for Global Interactive Technologies. This development eliminates a significant regulatory overhang that had been pressuring the stock, as non-compliance could have led to a forced delisting from the Nasdaq exchange. Maintaining a Nasdaq listing is important for several reasons:

1. Enhanced Liquidity and Market Access: Nasdaq listing provides access to a broader investor base and typically ensures better trading liquidity compared to over-the-counter markets. This increased liquidity can lead to more active trading, making it easier for investors to buy and sell shares, and potentially driving up the stock price.
2. Institutional Investment Eligibility: Many institutional investors and mutual funds have mandate restrictions that only allow investments in major exchange-listed securities. By maintaining its listing, GITS remains accessible to these significant capital sources, which can provide long-term financial stability and support growth.
3. Corporate Credibility: A Nasdaq listing serves as a mark of credibility and financial stability, which can be particularly valuable for a media-tech company operating in the competitive K-culture market. This enhanced credibility can help GITS attract more users, partners, and investors, fostering growth and stability.

While this compliance achievement is positive, investors should note that the company will need to maintain this momentum to avoid future listing concerns. The focus now shifts to the company's fundamental business performance and growth strategy in the K-culture social media space, which will be important for maintaining and building upon this regulatory milestone.




In conclusion, Global Interactive Technologies' successful regain of Nasdaq compliance is a significant step forward for the company, as it ensures continued access to a broader investor base, institutional investors, and enhances corporate credibility. By focusing on its fundamental business performance and growth strategy, GITS can maintain its Nasdaq listing and continue to grow its business in the competitive K-culture social media space.