{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-006515","form_type":"8-K","ticker":"GTLL","cik":"0000932021","company_name":"GLOBAL TECHNOLOGIES LTD","filed_at":"2022-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:10.436982+00:00","generated_at":"2026-06-27T00:14:42.174014+00:00","sec_items":["1.01","2.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"GTLL to acquire Tersus Power in share exchange for 75% of post-closing stock","bullets":["GTLL enters Share Exchange Agreement to acquire Tersus Power; Tersus shareholders receive 75% of GTLL's outstanding shares post-closing.","Closing conditions include name change to \"Tersus Power, Inc.\" and a reverse stock split in range 1:1,000 to 1:4,000.","All Series K and L preferred stock must convert to Class A common before closing.","Tersus shareholders will appoint nominees to GTLL's board; deal may terminate if not closed by June 30, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-006515","json":"https://secwatch.observer/filing/0001493152-22-006515.json","markdown":"https://secwatch.observer/filing/0001493152-22-006515.md","text":"https://secwatch.observer/filing/0001493152-22-006515.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/932021/000149315222006515/0001493152-22-006515-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932021/000149315222006515/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T00:14:42.174014+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"}