TechMediaBreaks – GlobalTech Corp. (OTC: GLTK) Announces 1-for-3 Reverse Stock Split in Support of Nasdaq Uplisting Effort

GlobalTech (OTC: GLTK), a publicly traded technology platform company building AI and data companies inside real operating infrastructure, announced a 1-for-3 reverse stock split expected to become effective Aug. 27, 2026, at 12:01 a.m. PST, with split-adjusted trading expected to begin that day or as soon thereafter as FINRA announces effectiveness. The reverse split is expected to reduce outstanding common shares from approximately 152 million to approximately 50 million and is intended to help the company satisfy Nasdaq minimum bid price and/or closing stock price requirements as part of its effort to uplist to the Nasdaq Capital Market. Globaltech has applied for a Nasdaq listing but has not been approved and does not currently meet all uplisting requirements. Following FINRA effectiveness, the shares are expected to trade under the temporary symbol GLTKD for 20 trading days before reverting to GLTK.

To view the full press release, visit https://ibn.fm/9qOVQ

About Globaltech Corporation

Globaltech Corporation (OTCQB: GLTK) is a publicly-traded technology platform company building AI and data companies inside real operating infrastructure. The Company combines revenue-generating operating businesses with AI and data technology platforms across telecommunications, retail commerce, financial technology, enterprise software, e-commerce and sports technology. Through its Center of Excellence, Globaltech seeks to identify, validate and scale technology opportunities using real customer environments, infrastructure, operating workflows and commercialization support.

NOTE TO INVESTORS: The latest news and updates relating to GLTK are available in the company’s newsroom at https://ibn.fm/GLTK

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Austin, Texas
www.TechMediaWire.com
512.354.7000 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

TechMediaWire

Share
Published by
TechMediaWire
Breaks Categories: News

Recent Posts

TechMediaBreaks – Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS) Subsidiary MindWave Innovations Signs Two-Year Agreement to Build and Operate AssureChain

Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS) subsidiary MindWave Innovations Inc. USA signed a two-year…

16 hours ago

TechMediaBreaks – Globaltech Corporation (OTCQB: GLTK) Establishes Independent Board Committees Ahead of Planned Nasdaq Uplisting

GlobalTech (OTCQB: GLTK) a U.S.-based technology platform company enabling growth in AI, data and frontier…

16 hours ago

TechMediaBreaks – Frontieras North America Inc. Taps Expertise as FASForm(TM) Advances Toward Commercialization

Frontieras’ leadership team is an important component of its strategy to move its proprietary FASForm(TM)…

3 days ago

TechMediaBreaks – SS Innovations International Inc. (NASDAQ: SSII) Positions SSi Mantra for Next Phase of Expansion

SS Innovations International (NASDAQ: SSII) is expanding its SSi Mantra surgical robotic platform from an…

4 days ago

TechMediaBreaks – D-Wave Launches Gate-Model Simulator Beta Program, Advancing Error-Aware Programming Capabilities

D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company…

4 days ago

TechMediaBreaks – Beeline Holdings Inc. (NASDAQ: BLNE) Showcases Digital Mortgage Platform and New Paths to Homeownership

Beeline Holdings (NASDAQ: BLNE), a technology-driven mortgage lender and fractional equity platform, recently partnered with…

4 days ago