m_and_a
confidence high
sentiment negative
materiality 1.00
Ameritek acquires Galaxy Batteries for 10B shares; authorized shares raised to 11B
Globaltek Ventures, Inc.
- Buyer issued 10,000,000,000 common shares valued at $0.0037/share ($37M total) to Epazz, Inc. for all Galaxy Batteries stock.
- Outstanding shares increased from ~949M to 10,949,226,791; authorized shares raised from 950M to 11,000,000,000.
- Transaction is a related-party deal: Shaun Passley serves as custodian/CEO of Ameritek and president of both seller Epazz and target Galaxy.
- Closing and agreement both occurred on August 14, 2025; approval by custodian under Nevada law NRS 78.347.
item 5.02item 1.01item 2.01item 5.03