Globaltech Corporation Announces 1-For-3 Reverse Stock Split
RENO, Nev., Aug. 25, 2026 (GLOBE NEWSWIRE) — 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.
Too Little or Too Much Sleep Linked to Faster Ageing
Hungarian Gripen fighter jet crashes near Szolnok, pilot ejects safely
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 date the Reverse Stock Split is effective with FINRA, the Company’s common shares will trade on the OTCQB market under the symbol GLTKD, after which the ticker symbol will revert to GLTK. The sole purpose for the Reverse Stock Split is based on the Board of Directors belief that the Reverse Stock Split will likely be necessary to obtain a listing of our common stock on the Nasdaq Capital Market.
Indonesian Air Force Su-30 Fighter Jet Runs Off Runway at Sultan Hasanuddin Airport
Operation Sindoor and Bunyan-un-Marsoos: Can a Documentary Rewrite the Battlefield?
ICAO’s New Limits put the Brakes on In-Flight Battery Fires
Heavy Snowfall Halts Recovery of Dr Asma’s Body From Spantik
Ranveer Singh Credits Ambani Family for ‘Dhurandhar’ Success, Calls Their Support a ‘Blessing’
Summer Holidays End: Educational Institutions Across Punjab Reopen Today
Shahid Kapoor’s ‘Deva’ Co-Star Rohullah Mehdi Arrested with 28 Grams of Drugs in Mumbai
Stay tuned to Baaghi TV for more. Download our app for the latest news, updates & uncensored content!
