GlobalTech (OTC: GLTK) announced the closing of its previously disclosed definitive agreement to acquire a 51% controlling interest in 123 Investments Limited, doing business as Moda in Pelle, a premium U.K. footwear brand founded in 1975, in a transaction intended to add a new revenue stream and expand the company’s direct-to-consumer and e-commerce capabilities. The U.S.-based technology holding company said the acquisition supports the planned deployment of its Thrivo AI platform within the Moda in Pelle ecosystem and strengthens its operational footprint in the U.K., with consideration consisting of shares of GlobalTech common stock and Convertible Series A Preferred Stock, as further detailed in a Form 8-K filed Dec. 2, 2025.
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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.
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