TechMediaBreaks – GlobalTech Corp. (OTC: GLTK) Closes $1.4 Million Convertible Note Private Placement

GlobalTech (OTC: GLTK), a U.S.-headquartered technology holding company focused on artificial intelligence, big data and emerging technologies, announced the closing of a private placement of convertible promissory notes for gross proceeds of $1.4 million. The notes, which do not accrue interest unless in default, will automatically convert into common stock at a 15% discount upon a future IPO. Proceeds will support development of AI-powered solutions, international market expansion and potential acquisitions. D. Boral Capital LLC acted as strategic advisor for the transaction.

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

About GlobalTech Corporation

GlobalTech Corporation is a U.S.-based technology holding company driving innovation across AI, big data, and frontier technologies. Through strategic partnerships, scalable platforms, and capital investments, GlobalTech seeks to empower companies and enterprises to transform industries and create value in the digital economy.

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 70+ 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 – Wrap Technologies Inc. (NASDAQ: WRAP) Builds Broader Public Safety Platform Around Integrated Solutions

Wrap Technologies (NASDAQ: WRAP) is expanding its public safety technology strategy by connecting remote restraint,…

2 days ago

TechMediaBreaks – Shelfie-Tech Ltd. (CSE: SHLF) (OTCQB: SHLFF) Amends Terms of Acquisition of 70% Interest in Aspect Information Systems

This article has been disseminated on behalf of Shelfie-Tech Ltd. and may include paid advertising.…

2 days ago

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Featured in NetworkNewsAudio Release on AI Chip Inspection and Automation Equipment

Nightfood Holdings (OTCQB: NGTF) is featured in a NetworkNewsAudio Audio Press Release ("APR") titled "Inspection,…

2 days ago

TechMediaBreaks – Versus Systems Inc. (NASDAQ: VS) Spotlights Drinkfinger Expansion, AI Strategy in Stock2Me Podcast

Versus Systems (NASDAQ: VS) is expanding its audience-engagement offerings through Drinkfinger, a QR-enabled beverage carrier…

3 days ago

TechMediaBreaks – SuperQ Quantum Computing Inc. (CSE: QBTQ) (OTCQB: QBTQF) (FSE: 25X) Eyes Super Edge(TM) Success in Military Exercise

Disseminated on behalf of SuperQ Quantum Computing Inc. and may include paid advertisements. SuperQ Quantum…

3 days ago

TechMediaBreaks – Nightfood Holdings Inc. (OTCQB: NGTFD) Featured in AINewsWire Editorial on AI-Driven Semiconductor Equipment Demand 

Nightfood Holdings (OTCQB: NGTFD), operating as TechForce Robotics, announced its placement in an AINewsWire editorial…

3 days ago