Initial Statement of Beneficial Ownership of Securities

2026-04-24SEC Filing 3 (0001104659-26-048573)

This filing reports the initial beneficial ownership of securities for Hang Muk Shin and Sewang Co., Ltd., both based in Seoul, Republic of Korea. Hang Muk Shin, who may be deemed a ten percent owner, directly holds 3,897,555 shares of common stock. Additionally, he may be deemed to have indirect beneficial ownership of 3,038,309 shares held by Sewang Co., Ltd., an entity he controls. The filing clarifies that Hang Muk Shin exercises voting and dispositive power over shares held by his spouse and children, but he disclaims beneficial ownership except to the extent of his pecuniary interest. Similarly, for shares held by Sewang Co., Ltd., beneficial ownership is disclaimed except for the pecuniary interest.

Ticker mentioned:GITS