Global AI, Inc. Files 8-K

TL;DR

Global AI, Inc. just dropped an 8-K with financial updates. Check it out!

AI Summary

Global AI, Inc. filed an 8-K on December 30, 2024, reporting a Regulation FD Disclosure and Financial Statements and Exhibits. The company, formerly known as Wall Street Media Co, Inc., BRIGHT MOUNTAIN HOLDINGS, INC., and MY CATALOGS ONLINE, INC., is incorporated in Nevada and based in Jupiter, Florida.

Why It Matters

This filing provides important updates and financial information for Global AI, Inc., which is crucial for investors to assess the company's current status and performance.

Risk Assessment

Risk Level: low — The filing is a standard 8-K for disclosures and financial statements, not indicating any immediate operational or financial distress.

Key Players & Entities

• Global AI, Inc. (company) — Registrant
• Wall Street Media Co, Inc. (company) — Former company name
• BRIGHT MOUNTAIN HOLDINGS, INC. (company) — Former company name
• MY CATALOGS ONLINE, INC. (company) — Former company name
• 110 Front Street, Suite 300, Jupiter, FL 33477 (location) — Principal executive offices address

FAQ

Filing Documents

• form8-k.htm (8-K) — 40KB
• ex99-1.htm (EX-99.1) — 24KB
• 0001493152-24-052406.txt ( ) — 235KB
• glai-20241230.xsd (EX-101.SCH) — 3KB
• glai-20241230_lab.xml (EX-101.LAB) — 33KB
• glai-20241230_pre.xml (EX-101.PRE) — 24KB
• form8-k_htm.xml (XML) — 3KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C., 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 30, 2024 Global AI, Inc. (Exact name of registrant as specified in its charter) Nevada 333-163439 26-4170100 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 110 Front Street , Suite 300 , Jupiter , FL 33477 (Address of principal executive offices, including Zip Code) (561) 240-0333 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered N/A N/A N/A Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 7.01 Regulation FD Disclosure. On December 30, 2024, the Company issued a press release announcing the formation of a dedicated R&D and Innovation Lab and the hiring of fourteen (14) senior AI specialists and senior software engineers. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this report in such filing. Forward Looking Statement This Current Report on Form 8-K contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our ability to successfully develop and implement AI solutions, achieve anticipated synergies, and maintain market competitiveness; our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Factors that may cause actual results to differ materially from current expectations include, among other things, those listed under the heading "Risk Factors" and elsewhere in our most annual report on Form 10-K that we have filed with the U.S. Securities and Exchange Commission. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur. Past performance is not indicative of future results. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of the Registrant, dated as of December 30, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the re

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View this 8-K filing on SEC EDGAR