secwatch.observer — SEC 8-K summary
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Issuer:     GLOBAL TECHNOLOGIES LTD (GTLL)
CIK:        0000932021
Form:       8-K
Filed at:   2022-03-21T23:59:59+00:00
Accession:  0001493152-22-007366
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Technologies forms subsidiary Tersus Power for planned name change via merger
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- Board elected on March 12, 2022 to form Tersus Power, Inc. as a new subsidiary.
- Purpose is to enter into an Agreement and Plan of Merger to effect a name change.
- Articles of Incorporation for Tersus Power filed with Delaware Secretary of State on March 15, 2022.
- No financial terms or shareholder impact disclosed in the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/932021/000149315222007366/0001493152-22-007366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/932021/000149315222007366/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-007366

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