Filing Details
- Accession Number:
- 0001213900-25-046970
- Form Type:
- 13D Filing
- Publication Date:
- 2025-05-21 20:00:00
- Filed By:
- Evan Trust
- Company:
- Global Interactive Technologies Inc. (NASDAQ:GITS)
- Filing Date:
- 2025-05-22
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Evan Trust | 300,000 | 0 | 300,000 | 0 | 300,000 | 10.2% |
Amy Xianglin Shi | 312,500 | 0 | 312,500 | 0 | 312,500 | 10.9% |
Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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Global Interactive Technologies, Inc. (Name of Issuer) |
Common Stock, par value $0.001 (Title of Class of Securities) |
411292204 (CUSIP Number) |
Amy Xianglin Shi Evan Trust, 950 N Kings Rd #218 West Hollywood, CA, 90068 1-323-813-5589 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
02/18/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.


The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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CUSIP No. | 411292204 |
1 |
Name of reporting person
Evan Trust | ||||||||
2 | Check the appropriate box if a member of a Group (See Instructions)
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3 | SEC use only | ||||||||
4 |
Source of funds (See Instructions)
WC | ||||||||
5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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6 | Citizenship or place of organization
DELAWARE
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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11 | Aggregate amount beneficially owned by each reporting person
300,000.00 | ||||||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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13 | Percent of class represented by amount in Row (11)
10.2 % | ||||||||
14 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D
|
CUSIP No. | 411292204 |
1 |
Name of reporting person
Amy Xianglin Shi | ||||||||
2 | Check the appropriate box if a member of a Group (See Instructions)
![]() ![]() | ||||||||
3 | SEC use only | ||||||||
4 |
Source of funds (See Instructions)
WC | ||||||||
5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
![]() | ||||||||
6 | Citizenship or place of organization
UNITED STATES
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Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
11 | Aggregate amount beneficially owned by each reporting person
312,500.00 | ||||||||
12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
![]() | ||||||||
13 | Percent of class represented by amount in Row (11)
10.9 % | ||||||||
14 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13D
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Item 1. | Security and Issuer | |
(a) | Title of Class of Securities:
Common Stock, par value $0.001 | |
(b) | Name of Issuer:
Global Interactive Technologies, Inc. | |
(c) | Address of Issuer's Principal Executive Offices:
160, Yeouiseo-ro, Yeongdeungpo-Gu, Seoul,
KOREA, REPUBLIC OF
, 07231. | |
Item 1 Comment:
The following constitutes the Schedule 13D filed by the undersigned (the "Schedule 13D"). | ||
Item 2. | Identity and Background | |
(a) | This statement is filed by Evan Trust (the "Evan Trust") and Amy Xianglin Shi, as trustee of the Evan Trust.
Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons." Each of the Reporting Persons is party to that certain Joint Filing Agreement, as further described in Item 6. Accordingly, the Reporting Persons are hereby filing a joint Schedule 13D.
Set forth on the attached Exhibit 99.3 and incorporated herein by reference is a listing of the information, including name, principal place of business, and citizenship, with respect to the trustee of the Evan Trust (the "Covered Person"). Any disclosures herein with respect to persons other than the Reporting Person are made on information and belief after making due inquiry. | |
(b) | The principal business address and office of the Reporting Persons and each Covered Person is 950 N Kings Rd #218
West Hollywood, California 90068. | |
(c) | The Evan Trust is an irrevocable trust formed under the laws of the state of Delaware. The principal occupation of Ms. Shi is director of the Issuer. | |
(d) | No Reporting Person, nor any Covered Person, has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). | |
(e) | No Reporting Person, nor any Covered Person, has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or state securities laws or finding any violation with respect to such laws. | |
(f) | The Reporting Person is a trust formed under the laws of the state of Delaware. Ms. Shi is a citizen of the United States. The citizenship of each Covered Person is set forth on Exhibit 99.3 and is incorporated herein by reference. | |
Item 3. | Source and Amount of Funds or Other Consideration | |
The 300,000 shares of the Issuer's Common Stock, par value $0.001 per share (the "Shares"), were issued to the Evan Trust pursuant to the transaction described further in Item 6 below, and were exchanged for a total of $210,000 worth of debt owed to the Evan Trust. | ||
Item 4. | Purpose of Transaction | |
The Reporting Persons acquired the Shares for investment purposes. The Reporting Persons intend to evaluate the business prospects of the Issuer, as well as its present and future intentions. In connection with such evaluation, the Reporting Persons may from time to time consult with management and other shareholders of the Issuer.
On December 30, 2024, prior to the date of the transaction described in Item 6 of this Schedule 13D, Amy Xianglin Shi, the trustee of the Evan Trust, was appointed as a director of the Issuer's Board of Directors.
Except as set forth in this Schedule 13D, the Reporting Persons do not have any present plans or proposals that relate to or that would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D of the Act. The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors including, without limitation, the Issuer's financial position and investment strategy, the price levels of the Shares, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to its investment in the Issuer as they deem appropriate including, without limitation, engaging in additional communications with management and the Board of Directors of the Issuer, engaging in discussions with stockholders of the Issuer or other third parties about the Issuer and the Reporting Persons' investment, including potential business combinations or dispositions involving the Issuer or certain of its businesses, making recommendations or proposals to the Issuer concerning changes to the capitalization, ownership structure, board structure (including board composition), potential business combinations or dispositions involving the Issuer or certain of its businesses, or suggestions for improving the Issuer's financial and/or operational performance, purchasing additional Shares, selling some or all of the Shares, engaging in short selling of or any hedging or similar transaction with respect to the Shares, including swaps and other derivative instruments, or changing their intention with respect to any and all matters referred to in Item 4. | ||
Item 5. | Interest in Securities of the Issuer | |
(a) | The responses to Items 1-4 and 7-13 of the cover page of this Schedule 13D are incorporated herein by reference.
Ms. Shi is the trustee of the Evan Trust and therefore has voting and dispositive power over the Shares owned by the Evan Trust. Ms. Shi is not a beneficiary of the Evan Trust. Therefore, Ms. Shi does not have any pecuniary interest in the Shares and disclaims beneficial ownership of such Shares.
The aggregate percentage of Shares reported owned by the Reporting Persons is based on information furnished by the Issuer to the Reporting Persons regarding the shares of common stock outstanding as of March 31, 2025. | |
(b) | The responses to Items 1-4, 5(a) above, and 7-13 of the cover pages of this Schedule 13D are incorporated herein by reference. | |
(c) | During the 60 days preceding the filing of this Schedule 13D, the Reporting Persons have not effected any transactions in the Shares except as reported herein. | |
(d) | To the knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of Issuer reported herein. | |
(e) | Not applicable. | |
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
On February 18, 2025, the Issuer entered into a Debt Conversion Agreement (the "Debt Conversion Agreement") with the Evan Trust, pursuant to which the Issuer and the Evan Trust agreed to convert $210,000 owed to the Evan Trust by the Issuer into 300,000 shares of the Issuer's common stock (the "Transaction").
The Debt Conversion Agreement contains customary representations, warranties and agreements of the Issuer and the Evan Trust, indemnification rights and other obligations of the parties.
The foregoing description of the Debt Conversion Agreement does not purport to be complete and is qualified in its entirety by reference to the Debt Conversion Agreement, which is filed as an exhibit to this Schedule 13D, and are incorporated by reference herein. | ||
Item 7. | Material to be Filed as Exhibits. | |
99.1 - Debt Conversion Agreement, dated February 18, 2025, by and among Global Interactive Technologies, Inc. and the Evan Trust (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed by Global Interactive Technologies, Inc., on March 18, 2025).
99.2 - Joint Filing Agreement.
99.3 - Covered Persons. |
SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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