Glimpse Group shares rose 7.2% after‑hours following a pivot to become a pure‑play Physical AI firm centered on Brightline Interactive.
The company disclosed a $1.85 million capital raise of 3.4 million shares and 4.2 million warrants at $0.55 each, with 125% warrant coverage.
A new board effective June 1 2026 names retired Admiral Scott Swift as chairman and Tyler Gates as CEO; current CEO Bentovim exits June 15 2026.
Glimpse will evaluate alternatives for Glimpse Learning, shut down S5D, and withdraw the previously announced Brightline Interactive IPO.