Form 8-K - Current report
December 26 2024 - 8:30AM
Edgar (US Regulatory)
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0001854445
0001854445
2024-12-24
2024-12-24
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): December 24, 2024
THE
GLIMPSE GROUP, INC.
(Exact
name of registrant as specified in its charter)
Nevada |
|
001-40556 |
|
81-2958271 |
(State
or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
incorporation) |
|
File
Number) |
|
Identification
No.) |
15
West 38th St., 12th Fl
New
York, NY 10018
(Address
of principal executive offices) (Zip Code)
(917)-292-2685
(Registrant’s
telephone number, including area code)
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.001 per share |
|
VRAR |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
7.01 Regulation FD Disclosure.
On
December 24, 2024, The Glimpse Group, Inc. (the “Company”), announced that it had received written from the Nasdaq Stock
Market LLC (“Nasdaq”) informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires
listed securities to maintain a minimum bid price of $1.00 per share.
A
copy of the press release is attached hereto as Exhibit 99.1.
The
information in this Item 7.01, including the Exhibit 99.1 attached hereto, shall not be deemed “filed” for purposes of Section
18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that
section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in such filing.
Item
9.01 Financial Statements and Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
December 26, 2024
THE
GLIMPSE GROUP, INC. |
|
|
|
By: |
/s/
Lyron Bentovim |
|
|
Lyron
Bentovim |
|
|
Chief
Executive Officer |
|
Exhibit 99.1
The
Glimpse Group
Regains
Compliance with NASDAQ
NEW
YORK, NY, December 24, 2024 — The Glimpse Group, Inc. (“Glimpse”) (NASDAQ:VRAR), a diversified
Immersive Technology platform company providing enterprise-focused Virtual Reality (“VR”), Augmented Reality (“AR”)
and Spatial Computing software and services, today announced that it received written notice (the “Compliance Notice”) from
Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with Listing Rule 5550(a)(2), which
requires listed securities to maintain a minimum bid price of $1.00 per share.
About
The Glimpse Group, Inc.
The
Glimpse Group (NASDAQ: VRAR) is a diversified Immersive technology platform company, providing enterprise-focused Virtual Reality, Augmented
Reality and Spatial Computing software & services. Glimpse’s unique business model builds scale and a robust ecosystem, while
simultaneously providing investors an opportunity to invest directly into this emerging industry via a diversified platform. For more
information on The Glimpse Group, please visit www.theglimpsegroup.com
Safe
Harbor Statement
This
press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release
may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements, if provided, are based on information available to the Company as of the date hereof. Our actual results
may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with
our business. Forward-looking statements, if provided, include statements regarding our expectations, beliefs, intentions, or strategies
regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “view,”
“could,” “estimate,” “expect,” “intend,” “may,” “should,” and
“would” or similar words. All forecasts, if provided, are based on information available at this time and management expects
that internal projections and expectations may change over time. In addition, any forecasts, if provided, are entirely on management’s
best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with
new and existing customers about our products and services. We assume no obligation to update the information included in this press
release, whether as a result of new information, future events or otherwise.
Company
Contact:
Maydan
Rothblum
CFO
& COO
The
Glimpse Group, Inc.
(917)
292-2685
maydan@theglimpsegroup.com
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Entity File Number |
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|
Entity Registrant Name |
THE
GLIMPSE GROUP, INC.
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Entity Central Index Key |
0001854445
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Entity Tax Identification Number |
81-2958271
|
Entity Incorporation, State or Country Code |
NV
|
Entity Address, Address Line One |
15
West 38th St.
|
Entity Address, Address Line Two |
12th Fl
|
Entity Address, City or Town |
New
York
|
Entity Address, State or Province |
NY
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Entity Address, Postal Zip Code |
10018
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