---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-032943"
form_type: "8-K"
ticker: "GLAI"
cik: "0001473490"
company_name: "Global AI, Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:38:18.960511+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Ingenious Investment AG acquires 92.7% of Wall Street Media; CEO replaced

## Summary
- Ingenious Investment AG bought 24,944,466 shares (92.7% of outstanding) from existing shareholders in private transactions.
- Note Exchange Agreement with Landmark Pegasus: 856,000 shares issued upfront, additional shares possible.
- CEO Jeffrey Lubchansky removed; Sebastian Holl named interim CEO and Board member.
- Andrej Rucigaj and Nevenka Crešnar Pergar appointed to the Board.
- No arrangements among control groups regarding director elections or other matters.

## SEC filing metadata
- accession: 0001493152-23-032943
- form_type: 8-K
- ticker: GLAI
- cik: 0001473490
- company_name: Global AI, Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1473490/000149315223032943/0001493152-23-032943-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1473490/000149315223032943/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-032943
- JSON: https://secwatch.observer/filing/0001493152-23-032943.json
- Plain text: https://secwatch.observer/filing/0001493152-23-032943.txt

## Key facts
- Executive change
  Nevenka Crešnar Pergar was named as member of the Board at Global AI, Inc..
  - Action: named
  - Role: member of the Board
  source text: Andrej Rucigaj and Nevenka Crešnar Pergar were also named as members of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473490/000149315223032943/0001493152-23-032943-index.htm
- Executive change
  Andrej Rucigaj was named as member of the Board at Global AI, Inc..
  - Action: named
  - Role: member of the Board
  source text: Andrej Rucigaj and Nevenka Crešnar Pergar were also named as members of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473490/000149315223032943/0001493152-23-032943-index.htm
- Executive change
  Sebastian Holl was named as Interim Chief Executive Officer and member of the Board at Global AI, Inc..
  - Action: named
  - Role: Interim Chief Executive Officer and member of the Board
  source text: Sebastian Holl is named as the interim Chief Executive Officer and member of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473490/000149315223032943/0001493152-23-032943-index.htm
- Executive change
  Jeffrey Lubchansky was removed as Chief Executive Officer and sole member of the Board at Global AI, Inc..
  - Action: removed
  - Role: Chief Executive Officer and sole member of the Board
  source text: Jeffrey Lubchansky was removed immediately as Chief Executive Officer of the Company and sole member of the Company Board of Directors (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473490/000149315223032943/0001493152-23-032943-index.htm
- M&A Transactions
  Global AI, Inc. underwent a change of control involving Ingenious Investment AG (closed 2023-09-12).
  - Action: change of control
  - Counterparty: Ingenious Investment AG
  - Closing: 2023-09-12
  source text: On September 12, 2023, Ingenious Investment AG purchased, from their own funds, from existing shareholders of the Company, in a series of private transactions, a total of 24,944,466 shares of common stock, $0.001 per share (the “Common Stock”) of Wall Street Media Co, Inc. (the “Company”), representing 92.7% of the outstanding shares of Common Stock (the “Transaction”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1473490/000149315223032943/0001493152-23-032943-index.htm

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