---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-032042"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:57:26.243972+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Global Technologies lends $500K to Tersus Power via secured promissory note

## Summary
- GTLL advanced $150K of $500K principal to Tersus Power, secured by all assets.
- Note bears 5% annual interest, amortized over 25 years, balloon payment Dec 14, 2026.
- First tranche of $37.5K advanced Dec 14, 2021; $150K advanced by filing date.
- Proceeds to be used for hydrogen fueling stations, real property, equipment, and IP.

## SEC filing metadata
- accession: 0001493152-21-032042
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000149315221032042/0001493152-21-032042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000149315221032042/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-032042
- JSON: https://secwatch.observer/filing/0001493152-21-032042.json
- Plain text: https://secwatch.observer/filing/0001493152-21-032042.txt

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