{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-25-008727","form_type":"8-K","ticker":"GLTK","cik":"0001938338","company_name":"GlobalTech Corp","filed_at":"2025-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.109387+00:00","generated_at":"2026-05-16T15:47:44.432033+00:00","sec_items":["1.01","5.03","2.01","9.01","3.02","3.03","7.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"GlobalTech to acquire 51% of UK footwear firm 123 Investments in share exchange","bullets":["Consideration: 82,800 Series A Preferred ($100 deemed value) and 750,000 common shares at closing.","Earnout up to $1M if 123 Investments 2026 EBITDA >= GBP 2.5M and net profit >= GBP 1.0M.","Company to provide US$3M revolving credit facility to 123 Investments by Jan 15, 2026 deadline.","Shareholders locked up from transferring common stock for 2 years post-conversion (limited exceptions).","Company gets 3 of 5 board seats on 123 Investments; shareholders grant irrevocable proxy to majority holders until 2029."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-25-008727","json":"https://secwatch.observer/filing/0001477932-25-008727.json","markdown":"https://secwatch.observer/filing/0001477932-25-008727.md","text":"https://secwatch.observer/filing/0001477932-25-008727.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1938338/000147793225008727/0001477932-25-008727-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1938338/000147793225008727/global_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:47:44.432033+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cbd42366276204682d7bd166e1e54d299560d180","claim":"GlobalTech Corp: Filed Certificate of Designation establishing Series A Preferred Stock designations, preferences, limitations and relative rights (effective 2025-11-25).","evidence_excerpt":"On November 25, 2025, the Company submitted for filing to the Secretary of State of Nevada, a Certificate of Designation of GlobalTech Corporation Establishing the Designations, Preferences, Limitations and Relative Rights of its Convertible Series A Preferred Stock (the “ Series A Designation ”), which was filed with the Secretary of State of Nevada on November 25, 2025, effective as of the same date.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1938338/000147793225008727/0001477932-25-008727-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-11-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}