{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-21-032397","form_type":"8-K","ticker":"GTLL","cik":"0000932021","company_name":"GLOBAL TECHNOLOGIES LTD","filed_at":"2021-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.317285+00:00","generated_at":"2026-06-27T22:47:26.414256+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Global Technologies to spin off subsidiary Markets on Main as stock dividend; record date in mid-Jan 2022","bullets":["Board approved conversion of Markets on Main LLC to corporation MOM; authorized 500M common, 10M preferred shares.","GTLL shareholders will receive pro rata shares of MOM; company retains 19.99%, distributes 80.01%.","Record date and ratio to be announced by mid-January 2022; spin-off is part of Tersus Power merger.","Company expects to file corporate action with FINRA after closing Tersus Power merger; will file Registration Statement for MOM shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-21-032397","json":"https://secwatch.observer/filing/0001493152-21-032397.json","markdown":"https://secwatch.observer/filing/0001493152-21-032397.md","text":"https://secwatch.observer/filing/0001493152-21-032397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/932021/000149315221032397/0001493152-21-032397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932021/000149315221032397/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T22:47:26.414256+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}