EX-99.1 3 gltk_ex991.htm PRESS RELEASE gltk_ex991.htm EXHIBIT 99.1 GlobalTech Corporation Announces 1-For-3 Reverse Stock Split RENO, Nev., August 25, 2026 - Globaltech Corporation (OTCQB: GLTK) (“Globaltech” or the “Company”), a publicly-traded technology platform company building AI and data companies inside real operating infrastructure, today announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-3 (the “Reverse Stock Split”). The Reverse Stock Split will become effective on August 27, 2026 at 12:01 a.m. PST (the “Effective Time”), with shares expected to begin trading on the OTCQB Market on a split-adjusted basis, at market open on August 27, 2026, or as soon thereafter as FINRA has announced the effectiveness of the Reverse Stock Split. As a result of the Reverse Stock Split, every 3 shares of the Company’s common stock issued and outstanding as of the Effective Time will be converted into one share of the Company’s common stock. No change will be made to the trading symbol for the Company’s shares of common stock, “GLTK”, in connection with the reverse split, provided that for the 20 days of trading after the…
Open exhibit ↗Current Report · Items 3.03, 5.03, 8.01, 9.01 · 8-K
GLOBALTECH CORP
Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Other Events
Item 3.03. Material Modification to Rights of Security Holders. The information set forth in
Company context
Globaltech Corporation (OTCQB: GLTKD; expected to revert to GLTK following the temporary post-reverse-split trading period) is a technology platform company building and commercializing AI, data and software solutions through its revenue-generating operating businesses. Its telecommunications and retail operations provide infrastructure, customer relationships and real-world environments to develop, test and scale technology platforms spanning financial technology, enterprise software, e-commerce and sports technology. Through its Center of Excellence, Globaltech evaluates, develops and commercializes technology opportunities across the platform. For more information, please visit www.globaltechcorporation.com.