---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-000398"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2022-01-05T23:59:59+00:00"
generated_at: "2026-06-27T20:49:33.331508+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Global Technologies converts subsidiary to corporation as step toward spin-off

## Summary
- On January 3, 2022, filed Articles of Conversion to convert Markets on Main, LLC to Florida profit corporation.
- New entity named Markets on Main, Inc.; authorized common stock 500M shares at $0.001 par value.
- Preferred stock authorized 5M shares at $0.001 par value.
- Conversion part of announced plan to spin-off Markets on Main to Global Technologies shareholders.
- Principal office remains at 501 1st Ave N., Suite 901, St. Petersburg, FL.

## SEC filing metadata
- accession: 0001493152-22-000398
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2022-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000149315222000398/0001493152-22-000398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000149315222000398/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-000398
- JSON: https://secwatch.observer/filing/0001493152-22-000398.json
- Plain text: https://secwatch.observer/filing/0001493152-22-000398.txt

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