{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-004431","form_type":"8-K","ticker":"GTLL","cik":"0000932021","company_name":"GLOBAL TECHNOLOGIES LTD","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.340501+00:00","generated_at":"2026-06-06T14:33:50.685522+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Global Technologies acquires CRM sales platform from Jetco for Series L Preferred stock and revenue-based earn-out","bullets":["At closing, issued 25 shares of Series L Preferred Stock to Seller.","Seller receives 50% net revenue from sales generated through 10 Fold using the platform, excluding GOe3, LLC.","Additional Preferred shares issuable at $500k, $1M, and $2M net sales milestones.","Transaction closed January 25, 2024.","Formed subsidiary 10 Fold Services, LLC in Wyoming on Nov 22, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-004431","json":"https://secwatch.observer/filing/0001493152-24-004431.json","markdown":"https://secwatch.observer/filing/0001493152-24-004431.md","text":"https://secwatch.observer/filing/0001493152-24-004431.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/932021/000149315224004431/0001493152-24-004431-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/932021/000149315224004431/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:33:50.685522+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":[{"claim_id":"21c47da39a321165e417f40f44e279718b5cc705","claim":"GLOBAL TECHNOLOGIES LTD entered into Asset Purchase Agreement with Jetco Holdings, LLC (the \"Seller\") (effective 2024-01-25).","evidence_excerpt":"On January 25, 2024, the Company and its wholly owned subsidiary, 10 Fold Services, LLC (“10 Fold”), (collectively, the “Buyers”) and Jetco Holdings, LLC (the “Seller”) (together, the “Parties”) entered into an Asset Purchase Agreement (the “Agreement”) for the purchase of a Customer Relationship Management Sales Platform (the “Purchased Asset”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/932021/000149315224004431/0001493152-24-004431-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Jetco Holdings, LLC (the \"Seller\")"},{"label":"Effective","value":"2024-01-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}