Receiver of Global Tech Industries Objects to Illicit Shares, Seeks Transfer Bar and Release Agreements

GLOBAL TECH INDUSTRIES GROUP, INC.

On May 22, 2025, court-appointed receiver filed an Omnibus Objection to identified shares of GTII common stock as illicit.
Motion seeks to bar transfer of those shares and establish procedures for designating shares as illicit.
Receiver also requests court approval to enter release agreements with respect to the illicit shares.
Court has not yet ruled on the objection; no specific shareholder names or share quantities disclosed.
This is part of ongoing receivership of GTII, which was ordered in September 2024.

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