secwatch.observer — SEC 8-K summary
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Issuer:     GlobalTech Corp (GLTK)
CIK:        0001938338
Form:       8-K/A
Filed at:   2026-01-12T23:59:59+00:00
Accession:  0001477932-26-000168
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GlobalTech closes acquisition of 123 Investments; acquired co. revenue $36.8M, net profit down 61%
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- 123 Investments revenue $36.8M for FY ended Jan 28, 2025, up 10% YoY from $33.4M.
- Net profit fell 61% to $310K from $798K; operating profit rose to $1.78M from $1.18M.
- Cash dropped to $513K from $2.08M; total assets $11.1M, down from $16.6M.
- Acquisition closed Dec 15, 2025; audited and unaudited financials filed as Exhibits 99.1-99.4.
- Pro forma data gives effect to exchange as of Jan 29, 2025; filing required within 71 days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1938338/000147793226000168/0001477932-26-000168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1938338/000147793226000168/global_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-000168

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