Brightline Interactive, Inc./NV (GGRP) Form S-3 — Oct 23, 2026
Brightline Interactive (formerly The Glimpse Group; GGRP, now trading as BTLN) filed an S-3 registering the resale of up to 446,436 shares — 223,218 issued and 223,218 warrant shares — held by investors from a September 2026 private placement that raised $1.25 million at $0.70 per unit. The company receives no proceeds from the resales, and its warrants carry a $16.00 exercise price against a $4.21 stock price, making cash exercise ($3.57 million potential) unlikely absent a large stock move.
Key figures
- Gross Proceeds
- $1.25 million (private placement, closed September 25, 2026)
- Offering Price
- $0.70 per Unit (share plus warrant)
- Shares Offered
- 446436
- Shares Outstanding
- 2935642
- Options outstanding
- 431,338 shares at $18.71 weighted average exercise price
- Reverse split ratio
- 1-for-8
- Stock price oct19 2026
- $4.21
- Warrant exercise price
- $16.00 per share (post-split)
- Shares previously issued
- 223218
- Warrants outstanding 2026
- 865,680 shares at $4.40 weighted average exercise price
- Shares issuable on warrants
- 223218
- Potential warrant exercise proceeds
- $3.57 million
- Max aggregate offering price for fee
- $1,959,854.04
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