secwatch.observer — SEC 8-K summary
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Issuer:     GlobalTech Corp (GLTK)
CIK:        0001938338
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001477932-24-008060
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GlobalTech ratifies charter amendments: authorized shares increased to 500M, blank-check preferred authorized
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- Common stock authorized shares increased from 10M to 500M via ratification; effective Dec 11, 2024.
- Amended and Restated Articles authorize 50M shares of blank check preferred stock, board to set terms.
- Director and officer liability limited to fullest extent permitted by Nevada law; indemnification clarified.
- Company opted out of Nevada anti-takeover statutes (interested stockholder combinations and control share act).
- Name change from Elko Broadband Inc to GlobalTech Corporation ratified; effective Dec 11, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1938338/000147793224008060/0001477932-24-008060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1938338/000147793224008060/global_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-008060

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