# EDGAR Filing Document

**Accession Number:** 0001991451
**File Stem:** 0001731122-26-000264
**Filing Date:** 2026-2
**Character Count:** 22212
**Document Hash:** 26af7666339bdd5494a3cf897d3ad1ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001731122-26-000264.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001731122-26-000264

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260218

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GSI TECHNOLOGY INC
- **CENTRAL INDEX KEY:** 0001126741
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEMICONDUCTORS & RELATED DEVICES [3674]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 770398779
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-83704
- **FILM NUMBER:** 26645447

**BUSINESS ADDRESS:**
- **STREET 1:** 1213 ELKO DRIVE
- **CITY:** SUNNYVALE
- **STATE:** CA
- **ZIP:** 94089
- **BUSINESS PHONE:** 483319802

**MAIL ADDRESS:**
- **STREET 1:** 1213 ELKO DRIVE
- **CITY:** SUNNYVALE
- **STATE:** CA
- **ZIP:** 94089
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Galloway Capital Partners, LLC
- **CENTRAL INDEX KEY:** 0001991451

**ORGANIZATION NAME:**
- **EIN:** 862501473

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NE 2ND AVENUE, 3007
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33132
- **BUSINESS PHONE:** (917) 405-4591

**MAIL ADDRESS:**
- **STREET 1:** 650 NE 2ND AVENUE, 3007
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33132

## Exhibit 99.1

**Exhibit 99.1**

**JOINT FILING AGREEMENT**

The undersigned hereby agree that the statement on Schedule 13D with respect to the Common Stock of GSI Technology, Inc. dated as of February 18, 2026 is, and any amendments thereto (including amendments on Schedule 13G) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934.

---

| | |
|:---|:---|
| **Galloway Capital Partners, LLC** | **Galloway Capital Partners, LLC** |
| By: | /s/ Bruce Galloway |
|  | Name: Bruce Galloway |
|  | Title: Managing Member |
| **Galloway Capital, LP** | **Galloway Capital, LP** |
| By: | /s/ Bruce Galloway |
|  | Bruce Galloway |
| **Galloway Capital SPV I** | **Galloway Capital SPV I** |
| By: | /s/ Bruce aGalloway |
| By: | /s/ Bruce Galloway |
|  | Bruce Galloway |

---

**Schedule 1**

**Purchases by the Reporting Persons**

2026-2-17 23,550 6.27

## Exhibit 99.2

**EXHIBIT 99.2**

**Galloway Capital Partners, LLC**

February 18, 2026

GSI Technology, Inc.

1213 Elko Drive

Sunnyvale, California 94089

Attn: Lee-Lean Shu, President & Chief Executive Officer

Dear Mr. Shu:

Today our firm, Galloway Capital Partners, LLC ("Galloway") filed a 13D announcing a 5.02% stake in GSI Technology, Inc. ("GSIT").

Galloway invests in companies that we believe are materially undervalued relative to their intrinsic and private market value. In our view, GSIT is trading at a significant discount to what comparable venture-backed, non-GPU AI semiconductor companies command in private markets. The Company's current valuation does not, in our opinion, reflect the strategic value of its proprietary APU high-performance compute architecture, its intellectual property portfolio, or its positioning within the rapidly expanding edge AI market. With a market capitalization below $300 million and a well-capitalized balance sheet, GSIT appears to trade at valuation levels that are inconsistent with both its technology differentiation and long-term growth potential.

The Edge AI market is in the early stages of a steep multi-year growth curve driven by the need for low-latency, energy-efficient on-board AI computing. We believe decisive action is required to close the valuation gap and unlock shareholder value. For instance, the Company's lack of institutional investment research coverage and participation in institutional investor conferences is perceived as a shortfall in shareholder focus. GSI's non-Von Neumann compute-in-memory (CIM) platform is a multi-modal, low-power architecture platform designed for on-board AI processing applications across drones, robotics, autonomous systems, and smart infrastructure is not valued in the current share price.

The Company's recently announced low-power Time-to-First Token (TTFT) independent test results demonstrate significant points of technology differentiation. Its announced proof-of-concept engagement with G2 tech, an Israeli AI company, backed by the U.S. Department of War ("DOW") and a foreign government agency, and multiple SBIR's with DOW are under-appreciated by the equity market. Furthermore, we believe the value of the Company's unique high-end SRAM business is overlooked as well.

We believe that the management and Board need to engage in decisive action to close the valuation gap and unlock shareholder value. In our view, the valuation gap reflects insufficient capital markets communication, limited investor awareness, and a lack of clearly articulated strategic milestones.

We would welcome the opportunity to engage constructively with you and the Board to better understand the Company's priorities and to share our perspective as a supportive long-term shareholder. Our goal is to be a collaborative partner as the Company continues to execute and build shareholder value.

Please feel free to contact me directly at bgalloway@gallowaycap.com. We look forward to an open and productive dialogue.

Very truly yours,

Bruce Galloway

Chief Investment Officer

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**GSI TECHNOLOGY INC**

*(Name of Issuer)*

**Common Stock, $0.001 par value per share**

*(Title of Class of Securities)*

**36241U106**

*(CUSIP Number)*

**Galloway Capital Partners, LLC**<br>650 NE 2nd Avenue, #3007<br>Miami FL 33132<br>(917) 405-4591

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**02/18/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **36241U106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Galloway Capital Partners, LLC** | Name of reporting person<br>**Galloway Capital Partners, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1818950.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1818950.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.02%** | Percent of class represented by amount in Row (11)<br>**5.02%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** (1) This represents 1,048,450 shares of common stock and 770,500 shares underlying call options exercisable within 60 days managed by Galloway Capital Partners, LLC ("GCP"). Bruce Galloway is the managing member of GCP. Mr. Galloway has sole voting and dispositive control of GCP. Mr. Galloway may be deemed to have beneficial ownership of the common stock held by GCP.

(2) This percentage is calculated based upon 36,186,203 shares of Common Stock outstanding as of January 31, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on February 6, 2026.

| **CUSIP No.** | **36241U106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Galloway Capital, LP** | Name of reporting person<br>**Galloway Capital, LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**76000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1818950.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**76000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1818950.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.02%** | Percent of class represented by amount in Row (11)<br>**5.02%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** (1) This represents 1,048,450 shares of common stock and 770,500 shares underlying call options exercisable within 60 days securities managed by Galloway Capital Partners, LLC ("GCP"). Bruce Galloway is the managing member of GCP. Mr. Galloway has sole voting and dispositive control of GCP. Mr. Galloway may be deemed to have beneficial ownership of the common stock held by GCP.

(2) This percentage is calculated based upon 36,186,203 shares of Common Stock outstanding as of January 31, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on February 6, 2026.

| **CUSIP No.** | **36241U106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Galloway Capital SPV I, LLC** | Name of reporting person<br>**Galloway Capital SPV I, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**235600.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1818950.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**235600.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1818950.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.02%** | Percent of class represented by amount in Row (11)<br>**5.02%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** (1) This represents 1,048,450 shares of common stock and 770,500 shares underlying call options exercisable within 60 days managed by Galloway Capital Partners, LLC ("GCP"). Bruce Galloway is the managing member of GCP. Mr. Galloway has sole voting and dispositive control of GCP. Mr. Galloway may be deemed to have beneficial ownership of the common stock held by GCP.

(2) This percentage is calculated based upon 36,186,203 shares of Common Stock outstanding as of January 31, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on February 6, 2026.

| **CUSIP No.** | **36241U106** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**GALLOWAY BRUCE** | Name of reporting person<br>**GALLOWAY BRUCE** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**FLORIDA** | Citizenship or place of organization<br>**FLORIDA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**50500.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1818950.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**50500.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1818950.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | Aggregate amount beneficially owned by each reporting person<br>**1818950.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.02%** | Percent of class represented by amount in Row (11)<br>**5.02%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1) This represents 1,048,450 shares of common stock and 770,500 shares underlying call options exercisable within 60 days managed by Galloway Capital Partners, LLC ("GCP"). Bruce Galloway is the managing member of GCP. Mr. Galloway has sole voting and dispositive control of GCP. Mr. Galloway may be deemed to have beneficial ownership of the common stock held by GCP.

(2) This percentage is calculated based upon 36,186,203 shares of Common Stock outstanding as of January 31, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on February 6, 2026.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, $0.001 par value per share

**(b) Name of Issuer:**
GSI TECHNOLOGY INC

**(c) Address of Issuer's Principal Executive Offices:**
1213 Elko Drive, Sunnyvale, CA, 94089

This Schedule 13D relates to the common stock, par value $0.001 per share ("Common Stock"), of GSI Technology, Inc., a Delaware corporation (the "Issuer"). The principal executive office of the Issuer is located at 1213 Elko Drive Sunnyvale, California 94089.  Information given in response to each item below shall be deemed incorporated by reference in all other items below.

As of February 18, 2026, the Reporting Persons (defined below) beneficially owned an aggregate of 1,048,950 shares of Common Stock and 770,500 shares underlying call options exercisable within 60 days representing approximately 5.02% of the outstanding shares of Common Stock.

**Item 4. Purpose of Transaction**

Each Reporting Person acquired the securities described in this Schedule 13D for investment purposes and intend to review its investment in the Issuer on a continuing basis.  Each Reporting Person may from time to time acquire additional securities of the Issuer or retain or sell all or a portion of the shares then held by such Reporting Person, in the open market, block trades, underwritten public offerings or privately negotiated transactions.  Any actions any Reporting Person might undertake with respect to its investment in the Issuer may be made at any time and from time to time and will be dependent upon such Reporting Person's review of numerous factors, including, but not limited to:  ongoing evaluation of the Issuer's business, financial condition, operations, prospects and strategic alternatives; price levels of the Issuer's securities; general market, industry and economic conditions; the relative attractiveness of alternative business and investment opportunities; tax considerations; liquidity of the Issuer's securities; and other factors and future developments.   Each Reporting Person may consider, explore and/or develop plans and/or make proposals (whether preliminary or final) with respect to, among other things, the Issuer's performance, operations, management, governance (including potential changes to the Board), conflicted party transactions, capital allocation policies, and strategy and plans of the Issuer.

Each Reporting Person intends to engage the Board and management with respect to the matters referred to in the preceding sentence.  In addition, each Reporting Person may, at any time and from time to time, (i) review or reconsider its position and/or change its purpose and/or formulate plans or proposals with respect thereto and (ii) propose or consider one or more of the actions described in subparagraphs (a) - (j) of Item 4 of Schedule 13D.  The Reporting Persons sent the attached letter to management of the Company.

The Reporting Persons believe the Company's share price is undervalued and management needs to take steps to improve capital markets communication and investor awareness.

**Item 5. Interest in Securities of the Issuer**

**(a)**
See Items 11 and 13 on the cover pages to this Schedule 13D for the aggregate number and percentage of the class of securities identified pursuant to Item 1 owned by the Reporting Person.

**(b)**
Number of shares as to which the Reporting Persons have:i. Sole power to vote or to direct the vote:  See Item 7 on cover pages to this Statement.ii. Shared power to vote or to direct the vote:  See Item 8 on cover pages to this Statement.iii. Sole power to dispose or direct the disposition:  See Item 9 on cover pages to this Statement.iv. Shared power to dispose or direct the disposition:  See Item 10 on cover pages to this Statement.

**(c)**
Other than as set forth in response to Item 3 above, no other transactions in the Issuer's Common Stock by the Reporting Persons were effected in the past sixty (60) days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Except for the relationships described above and in the responses to Items 4 and 5 herein, none of the Reporting Persons, nor, to the best of their knowledge, any persons identified in Item 2 hereof has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person, with respect to any securities of the Issuer.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Galloway Capital Partners, LLC

**Signature:** /s/ Bruce Galloway

**Name/Title:** Bruce Galloway, Managing Member

**Date:** 02/18/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Galloway Capital, LP

**Signature:** /s/ Bruce Galloway

**Name/Title:** Bruce Galloway, Managing Member

**Date:** 02/18/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Galloway Capital SPV I, LLC

**Signature:** /s/ Bruce Galloway

**Name/Title:** Bruce Galloway, Managing Member

**Date:** 02/18/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** GALLOWAY BRUCE

**Signature:** /s/ Bruce Galloway

**Name/Title:** Bruce Galloway

**Date:** 02/18/2026