Global Technologies issues $43,750 convertible note with 39% discount; 358.6M shares reserved

GLOBAL TECHNOLOGIES LTD

Convertible promissory note issued to Sixth Street Lending for $43,750 at 8% interest, due Feb 4, 2023.
Conversion price set at 61% of market price (39% discount), based on lowest bid price over prior 10 trading days.
358,606,557 shares reserved for conversion, representing massive potential dilution.
Investor is accredited; securities issued under Section 4(a)(2) and Rule 506(b) exemption.
Note cannot be prepaid; default interest rate 22%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.