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FAQ: GlobalTech Corp. Acquires Controlling Stake in Moda in Pelle
TL;DR
GlobalTech's acquisition of Moda in Pelle provides a strategic advantage by adding a new revenue stream and expanding direct-to-consumer e-commerce capabilities.
GlobalTech acquired a 51% controlling interest in Moda in Pelle through shares of common stock and Convertible Series A Preferred Stock, as detailed in a Form 8-K filing.
This acquisition strengthens GlobalTech's operational footprint in the U.K. and supports deploying its Thrivo AI platform to enhance the Moda in Pelle ecosystem.
GlobalTech, a U.S. technology holding company, acquired controlling interest in Moda in Pelle, a premium U.K. footwear brand founded in 1975.
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GlobalTech Corporation (OTC: GLTK) has closed its acquisition of a 51% controlling interest in Moda in Pelle, a premium U.K. footwear brand, as part of a strategic expansion.
The acquisition is intended to add a new revenue stream, expand GlobalTech's direct-to-consumer and e-commerce capabilities, support the deployment of its Thrivo AI platform within the Moda in Pelle ecosystem, and strengthen its operational footprint in the U.K.
The consideration consisted of shares of GlobalTech common stock and Convertible Series A Preferred Stock, with further details available in a Form 8-K filed on December 2, 2025.
Moda in Pelle is a premium U.K. footwear brand founded in 1975, operating as 123 Investments Limited.
GlobalTech Corporation is a U.S.-based technology holding company that drives innovation across AI, big data, and frontier technologies through strategic partnerships, scalable platforms, and capital investments.
The acquisition closed as announced, with the definitive agreement previously disclosed and the Form 8-K filed on December 2, 2025.
You can view the full press release at https://nnw.fm/ibuKc and find the latest news and updates relating to GLTK in the company's newsroom at https://nnw.fm/GLTK.
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