---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-008018"
form_type: "8-K"
ticker: "GLTK"
cik: "0001938338"
company_name: "GlobalTech Corp"
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:50:22.779288+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# GlobalTech shareholders approve 50x share increase, reverse split, new equity plan, name change

## Summary
- Authorized common shares increased from 10M to 500M; reverse split (1:2 to 1:10) authorized through Dec 2025.
- 2024 Equity Incentive Plan adopted: 7.5M initial shares plus annual 5% evergreen, capped at 75M total shares.
- Name changed from Elko Broadband Inc to GlobalTech Corporation; 50M blank-check preferred shares authorized.
- All seven directors re-elected unanimously; Saeed Kamran & Co. ratified as independent auditor for FY2024.
- Director/officer liability limitation and indemnification adopted; Nevada control-share and interested-stockholder statutes opted out.

## SEC filing metadata
- accession: 0001477932-24-008018
- form_type: 8-K
- ticker: GLTK
- cik: 0001938338
- company_name: GlobalTech Corp
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1938338/000147793224008018/0001477932-24-008018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1938338/000147793224008018/global_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-008018
- JSON: https://secwatch.observer/filing/0001477932-24-008018.json
- Plain text: https://secwatch.observer/filing/0001477932-24-008018.txt

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