---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-001313"
form_type: "8-K"
ticker: "DLTI"
cik: "0001420368"
company_name: "DLT Resolution Inc."
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T13:11:41.891140+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DLT Resolution acquires Global Motor Trade Group ($50.9M revenue) for shares; appoints Brofman

## Summary
- Acquired Global Motor Trade Group (annual gross revenue $50.858M) via share exchange.
- Consideration: up to 14% of DLTI shares (6,020,000 shares) plus earn-out shares based on gross profit.
- Earn-out: up to 1,111,000 shares if first-year gross profit >= $4.25M; 1,666,000 if second-year >= $5.25M.
- Charles Brofman appointed Dir., General Counsel, Sec.; $125K salary for 75% time.
- Brofman also managing member of acquired entities; not independent director.

## SEC filing metadata
- accession: 0001477932-24-001313
- form_type: 8-K
- ticker: DLTI
- cik: 0001420368
- company_name: DLT Resolution Inc.
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/dlti_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-001313
- JSON: https://secwatch.observer/filing/0001477932-24-001313.json
- Plain text: https://secwatch.observer/filing/0001477932-24-001313.txt

## Key facts
- Executive change
  Charles Brofman was appointed as Director, General Counsel and Secretary at DLT Resolution Inc..
  - Action: appointed
  - Role: Director, General Counsel and Secretary
  source text: On March 13, 2024 Charles Brofman was appointed Director, General Counsel and Secretary.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm
- M&A Transactions
  DLT Resolution Inc. completed an acquisition involving Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC and their beneficial owners for issuing shares at a current value of .005 USD per share (closed 2024-03-11).
  - Action: acquisition
  - Counterparty: Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC and their beneficial owners
  - Consideration: issuing shares at a current value of .005 USD per share
  - Closing: 2024-03-11
  source text: gross revenue of USD $50,858,000. Consideration for purchase The Purchase Price shall be satisfied in the following manner at Closing by issuing shares at a current value of .005 USD per share its current trading value on the Over the Counter market The issuance of DLT Resolution Shares in a number representing The Initial Purchase Price of the Transaction
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm
- Material Agreements
  DLT Resolution Inc. entered into Share Purchase Agreement with Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC valued at combined annual gross revenue of USD $50,858,000 (effective 2024-03-11).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC
  - Value: combined annual gross revenue of USD $50,858,000
  - Effective: 2024-03-11
  source text: On March 11, 2024, DLT Resolution Inc. (the “ Company ” or “ we ”) entered into and closed the transactions contemplated by the definitive share purchase agreement (share for share exchange) (the “ Share Purchase Agreement ”) by and among the Companies,Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, WEC International LLC.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1420368/000147793224001313/0001477932-24-001313-index.htm

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