GlobalTech Corporation (OTC: GLTK) has completed its acquisition of a 51% controlling interest in 123 Investments Limited, operating as Moda in Pelle, a premium U.K. footwear brand established in 1975. The transaction, structured through shares of GlobalTech common stock and Convertible Series A Preferred Stock, is designed to create a new revenue stream while enhancing the company's direct-to-consumer and e-commerce capabilities. This strategic move supports the planned implementation of GlobalTech's Thrivo AI platform within the Moda in Pelle ecosystem and strengthens the technology holding company's operational footprint in the United Kingdom. Additional details regarding the transaction are available in the Form 8-K filed on December 2, 2025.
The acquisition represents a significant step in GlobalTech's strategy to expand beyond its core technology holdings into consumer-facing markets with established brands. By integrating Moda in Pelle's footwear operations with GlobalTech's technological infrastructure, particularly the Thrivo AI platform, the company aims to create synergies that could enhance customer experience, optimize supply chain management, and improve marketing efficiency. This approach aligns with GlobalTech's broader mission of driving innovation across artificial intelligence, big data, and frontier technologies through strategic partnerships and scalable platforms. The transaction documentation and corporate disclosures are accessible through regulatory filings and the company's communications channels.
For investors seeking comprehensive information about GlobalTech's activities and financial developments, the company maintains an updated newsroom at https://nnw.fm/GLTK where all corporate announcements and regulatory filings are consolidated. This resource provides stakeholders with centralized access to the latest developments regarding the company's strategic initiatives, including the Moda in Pelle acquisition and subsequent integration efforts. The acquisition's structure, utilizing both common and preferred stock rather than cash consideration, reflects GlobalTech's approach to strategic growth while preserving capital for additional investments in technology development and market expansion.
The integration of Moda in Pelle into GlobalTech's portfolio demonstrates how technology companies are increasingly looking to established consumer brands as vehicles for deploying advanced platforms and expanding market reach. By combining Moda in Pelle's nearly five decades of footwear expertise with GlobalTech's technological capabilities, particularly in artificial intelligence and e-commerce infrastructure, the partnership creates opportunities for innovation in how premium footwear brands engage with consumers, manage inventory, and optimize production. This transaction highlights the growing convergence between traditional consumer goods sectors and advanced technology platforms, with companies seeking to leverage data-driven insights and digital capabilities to enhance traditional business models. The full press release detailing the acquisition terms and strategic rationale is available at https://nnw.fm/ibuKc for those seeking additional context about the transaction structure and corporate objectives.
