---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-025375"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:18:23.827475+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Global Technologies boosts equity $1.8M via preferred exchange; targets NASDAQ uplist

## Summary
- All 339 Series L shares exchanged for 1,864,500 Series N shares (5,500 per Series L); Series L retired.
- Shareholder equity increased by approximately $1.8 million.
- Series N has 1,000 votes per share and fixed conversion at $0.50 per common share.
- Company must apply for NASDAQ uplist by March 31, 2025; if not, holders can revert to Series L.
- CEO states goal to uplist to NASDAQ or a national exchange.

## SEC filing metadata
- accession: 0001493152-24-025375
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000149315224025375/0001493152-24-025375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000149315224025375/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-025375
- JSON: https://secwatch.observer/filing/0001493152-24-025375.json
- Plain text: https://secwatch.observer/filing/0001493152-24-025375.txt

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