Glimpse Group, Inc. (VRAR) Form 424B5 — May 14, 2026
The Glimpse Group, Inc. (ticker: GGRP) is conducting a registered direct offering of 622,306 shares of common stock and accompanying warrants, along with pre-funded warrants, raising approximately $1.84 million in gross proceeds. The securities are being sold at a combined price of $0.55 per share and warrant, which represents a discount to the last reported market price of $0.58 on May 13, 2026. The filing discloses that the company received a deficiency notice from Nasdaq on March 13, 2026, because its stock price closed below $1.00 for 30 consecutive business days.
Key figures
- Net Proceeds
- 1790000
- Gross Proceeds
- 1842268
- Offering Price
- 0.55
- Shares Offered
- 622306
- Dilution Per Share
- 0.35
- Public Float Value
- 11445375
- Last Reported Price
- 0.58
- Shares Outstanding
- 21076506
- Warrant Exercise Price
- 0.55
- Pre Funded Warrants Offered
- 2732240
- Common Stock Warrants Offered
- 4193182
- Net Tangible Book Value Per Share
- 0.12
- Pre Funded Warrant Exercise Price
- 0.001
- Adjusted Net Tangible Book Value Per Share
- 0.2
Price after filing
Close on the filing date to close N calendar days later (from $0.56). Historical, not a forecast.
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