secwatch.observer — SEC 8-K summary
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Issuer:     Global Asset Management Group, Inc. (GAMG)
CIK:        0000055234
Form:       8-K
Filed at:   2025-09-30T23:59:59+00:00
Accession:  0001477932-25-007242
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Asset Management completes acquisition of DC Rental Portfolio for 250M shares
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- Acquired 100% of DC Rental Portfolio Corp. in exchange for 250,000,000 common shares.
- DC Rental owns 3 DC multi-family properties: Saratoga Apts (31 units, $6.7M cost), 5320 8th St (41 units, $10M cost), and 3628 Georgia Ave (9 units, $3M cost).
- Appraised post-renovation values: Saratoga Apts $12.91M, 5320 8th St $19.9M; Georgia Ave units being upgraded for resale.
- Company expects to acquire two additional multi-family properties in Q4 2025.
- John Murray, already President of registrant, appointed President of DC Rental.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55234/000147793225007242/0001477932-25-007242-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55234/000147793225007242/kens_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-007242

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