---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-042782"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2023-11-27T23:59:59+00:00"
generated_at: "2026-06-07T21:45:33.400276+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# GTLL raises $30K via Series L Preferred sale to Jetco Holdings

## Summary
- Jetco Holdings bought 6 shares of Series L Preferred for $30,000; closed Nov 21, 2023.
- Proceeds earmarked for general working capital purposes.
- Securities issued via Rule 506(b) to accredited investor; restricted legend applies.
- Series L Preferred convertible into common stock (GTLL); conversion terms per designation.
- Company covenants to maintain 1934 Act reporting and avoid OTC Markets negative designations.

## SEC filing metadata
- accession: 0001493152-23-042782
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2023-11-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000149315223042782/0001493152-23-042782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000149315223042782/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-042782
- JSON: https://secwatch.observer/filing/0001493152-23-042782.json
- Plain text: https://secwatch.observer/filing/0001493152-23-042782.txt

## Key facts
- Material Agreements
  GLOBAL TECHNOLOGIES LTD entered into Securities Purchase Agreement with Jetco Holdings, LLC valued at $30,000 (effective 2023-11-17).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Jetco Holdings, LLC
  - Value: $30,000
  - Effective: 2023-11-17
  source text: On November 17, 2023, the Company entered into a Securities Purchase Agreement (the “Agreement”) with Jetco Holdings, LLC (the “Purchaser”). Under the terms of the Agreement, the Purchaser acquired six shares of the Company’s Series L Preferred Stock for the purchase price of $30,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932021/000149315223042782/0001493152-23-042782-index.htm

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