Glimpse Group, Inc. (VRAR) Form 8-K — May 15, 2026
The Glimpse Group, Inc. (ticker: GGRP) entered into a securities purchase agreement on May 14, 2026, for a registered direct offering expected to close on May 18, 2026. The company will issue 622,306 shares of common stock and pre-funded warrants to purchase 2,732,240 additional shares, alongside warrants to purchase 4,193,182 shares. The combined purchase price is $0.55 per share/warrant package, generating approximately $1.79 million in net proceeds after expenses.
Key figures
- Gross Proceeds
- 1790000
- Offering Price
- 0.55
- Shares Offered
- 622306
- Net proceeds usd
- 1790000
- Warrant exercise price
- 0.55
- Pre funded warrant price
- 0.549
- Pre funded warrants issued
- 2732240
- Common stock warrants issued
- 4193182
- Participation rights percent
- 33.33
Price after filing
Close on the filing date to close N calendar days later (from $0.56). Historical, not a forecast.
AI analysis
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