---
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"
generated_at: "2026-05-16T15:47:44.432033+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# GlobalTech to acquire 51% of UK footwear firm 123 Investments in share exchange

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.03, 2.01, 9.01, 3.02, 3.03, 7.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-008727
- JSON: https://secwatch.observer/filing/0001477932-25-008727.json
- Plain text: https://secwatch.observer/filing/0001477932-25-008727.txt

## Key facts
- Governance Changes
  GlobalTech Corp: Filed Certificate of Designation establishing Series A Preferred Stock designations, preferences, limitations and relative rights (effective 2025-11-25).
  - Change: charter amendment
  - Effective: 2025-11-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1938338/000147793225008727/0001477932-25-008727-index.htm

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