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GlobalTech Corporation Announces 1-For-3 Reverse Stock Split

GlobeNewswire

RENO, Nev., Aug. 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 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.

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