---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-099113"
form_type: "8-K"
ticker: null
cik: "0001894951"
company_name: "Global Blockchain Acquisition Corp."
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:56:34.087264+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Global Blockchain terminates Fourcore merger; Fourcore takes 79.2% control via $44M note; shareholders extend deadline

## Summary
- Fourcore terminated the merger agreement on Nov 11, 2024; no new business combination announced.
- On Nov 13, Fourcore purchased 4,312,500 shares and 6,812,500 warrants from sponsor, obtaining 79.2% of common stock.
- Consideration: Fourcore issued promissory notes with aggregate face value of $44,000,000.
- Stockholders approved extending the business combination deadline from Nov 12, 2024 to up to Aug 12, 2025 via monthly extensions.
- 61,086 shares redeemed; 5,447,267 shares outstanding after the vote.

## SEC filing metadata
- accession: 0001213900-24-099113
- form_type: 8-K
- cik: 0001894951
- company_name: Global Blockchain Acquisition Corp.
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.02, 5.01, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1894951/000121390024099113/0001213900-24-099113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1894951/000121390024099113/ea0221014-8k_global.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-099113
- JSON: https://secwatch.observer/filing/0001213900-24-099113.json
- Plain text: https://secwatch.observer/filing/0001213900-24-099113.txt

## Key facts
- M&A Transactions
  Global Blockchain Acquisition Corp. underwent a change of control involving Fourcore for promissory notes with an aggregate face value of $44,000,000 (closed 2024-11-13).
  - Action: change of control
  - Counterparty: Fourcore
  - Consideration: promissory notes with an aggregate face value of $44,000,000
  - Closing: 2024-11-13
  source text: of the Company’s common stock. In consideration for the Securities purchased pursuant to the Purchase Agreement, Fourcore issued promissory notes with an aggregate face value of $44,000,000. Concurrent with the execution of the Purchase Agreement, Fourcore executed a joinder agreement to become a party to that certain letter agreement, dated May 9, 2022, originally
  evidence_url: https://www.sec.gov/Archives/edgar/data/1894951/000121390024099113/0001213900-24-099113-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.