The Glimpse Group, Inc. sold its wholly owned subsidiary, Glimpse Learning, LLC, to Glimpse Learning, Inc. for a combination of 1,999,999 shares of the buyer's common stock (representing a 19.99% equity interest) and ongoing royalty payments totaling up to $1,200,000. The buyer, Glimpse Learning, Inc., is controlled by Lyron Bentovim, the company's former CEO and current 5% shareholder. The Glimpse Group, Inc. is a technology and software solutions provider in the education and professional development sector.