The Glimpse Group, Inc.

General Information
Business:

We are a Virtual (“VR”) and Augmented (“AR”) Reality platform company, comprised of a diversified group of wholly owned and operated VR and AR companies, providing enterprise-focused software, services and solutions. We believe that we offer significant exposure to the rapidly growing and potentially transformative VR and AR markets, while mitigating downside risk via our diversified model and ecosystem.

Our platform of VR/AR subsidiary companies, collaborative environment and diversified business model aims to simplify the challenges faced by entrepreneurs in the emerging VR/AR industry, potentially improving each subsidiary company’s ability to succeed, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified infrastructure.

The VR/AR industry is an early-stage technology industry with nascent markets. We believe that this industry has significant growth potential across verticals, may be transformative and that our diversified platform and ecosystem create important competitive advantages. Our subsidiary companies target a wide array of industry verticals, including but not limited to: Corporate Training, Education, Healthcare, Branding/Marketing/Advertising, Retail, Financial Services, Food & Hospitality, Media & Entertainment and Social VR group meetings. We do not currently target direct-to-consumer VR/AR software or services, only business-to-business (“B2B”) and business-to-business-to-consumer (“B2B2C”), and we are hardware agnostic.

**Note: Revenue and net loss figures are for the year ended June 30, 2020. 

 (Note: The Glimpse Group priced its micro-cap IPO on June 30, 2021, at $7 – the mid-point of its $6-to-$8 range – on 1.75 million shares, the number in the prospectus, to raise $12.25 million.)

Industry: SERVICES - PREPACKAGED SOFTWARE
Employees: 50
Founded: 2016
Contact Information
Address 15 West 38th St, 9th Fl New York, NY 10018
Phone Number 917-292-2685
Web Address http://www.theglimpsegroup.com/
View Prospectus: The Glimpse Group, Inc.
Financial Information
Market Cap $66.85mil
Revenues $1.95 mil (last 12 months)
Net Income $-4.99 mil (last 12 months)
IPO Profile
Symbol VRAR
Exchange NASDAQ
Shares (millions): 1.8
Price range $7.00 - $7.00
Est. $ Volume $12.3 mil
Manager / Joint Managers EF Hutton (formerly Kingswood, a division of Benchmark Investments)
CO-Managers -
Expected To Trade: 7/1/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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