other material
confidence high
sentiment neutral
materiality 0.45
GlobalTech 2025 update: 51% Moda in Pelle stake, $1.6M notes, OTCQB uplist, Nasdaq application
GlobalTech Corp
- Acquired 51% of Moda in Pelle (UK footwear brand) on Dec 15, 2025; MIP had >$30M revenue in its last fiscal year.
- Raised $1.625M total from convertible notes (Sept 2025: $1.4M, Dec 2025: $225K) maturing Sept 2027, convertible upon uplisting.
- Uplisted to OTCQB; Nasdaq Capital Market application submitted and under review for potential national exchange listing.
- Appointed Frank R. Parrish III as President; expanding U.S. presence and IPO readiness.