---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-001991"
form_type: "8-K"
ticker: null
cik: "0000356590"
company_name: "GLOBAL TECH INDUSTRIES GROUP, INC."
filed_at: "2025-01-14T23:59:59+00:00"
generated_at: "2026-05-28T02:27:00.347462+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GTII to acquire AIversity (Traders GPT) via merger; issues Series B Preferred with super voting rights

## Summary
- Merger agreement signed Jan 9, 2025: GTII Merger Sub merges into AIversity, making it a wholly-owned subsidiary.
- Consideration: 1,000 shares of newly created Series B Preferred Stock issued to AIversity shareholder.
- Series B Preferred has super-voting rights equal to 100% of total combined vote, plus $4M liquidation preference.
- Closing requires court approval from receivership proceeding and customary conditions; receiver sees no impediment.
- Certificate of Designation for Series B Preferred filed with Nevada on Dec 30, 2024.

## SEC filing metadata
- accession: 0001493152-25-001991
- form_type: 8-K
- cik: 0000356590
- company_name: GLOBAL TECH INDUSTRIES GROUP, INC.
- filed_at: 2025-01-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356590/000149315225001991/0001493152-25-001991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356590/000149315225001991/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-001991
- JSON: https://secwatch.observer/filing/0001493152-25-001991.json
- Plain text: https://secwatch.observer/filing/0001493152-25-001991.txt

## Key facts
- Governance Changes
  GLOBAL TECH INDUSTRIES GROUP, INC.: Established Series B Preferred Stock via Certificate of Designation filed with Nevada on December 30, 2024 (effective 2024-12-30).
  - Change: charter amendment
  - Effective: 2024-12-30
  source text: On December 30, 2024, the Company filed with the State of Nevada a Certificate of Designation (the “Certificate of Designation”), which established a Series B Preferred Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/356590/000149315225001991/0001493152-25-001991-index.htm

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