Glimpse Group launches IPO/Spin-off initiative for Brightline Interactive

The Glimpse Group (VRAR) has engaged Lucid Capital Markets as its investment banking partner and with experienced securities counsel to assist in facilitating a potential IPO/Spinoff of the Company’s subsidiary Brightline Interactive. As previously discussed: BLI, through its product SpatialCore, provides advanced Spatial Computing, AI-driven, operational simulation middleware software and solutions to the Department of War and Big Data driven enterprises. BLI specializes in creating AI supported workflows on top of dynamic, synthetic environments that integrate and orchestrate multimodal and real time data to accelerate decision-making, enhance mission readiness, and expand human and machine training capabilities. The goal is to IPO/Spin-off BLI as its own independent publicly traded company – a PURE PLAY, standalone, well capitalized, Spatial Computing, AI Driven, Cloud Operational Simulation Middleware provider to the DoW and Big Data driven enterprises. While there is no guarantee of success, we have initiated the IPO/Spin-out process, are evaluating methodologies and expect the process to play out over the coming months, potentially coming to fruition in Q1, 2026.