Program expected
to support expanded investor outreach, shareholder communications, financial
media engagement and the Company’s planned Nasdaq Capital Market uplisting
process
RENO, Nev., July
9, 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 has engaged MZ Group (“MZ”) to lead a strategic investor
relations and shareholder communications program.
MZ will work
closely with Globaltech management to support the Company’s capital markets
communications strategy, including investor messaging, shareholder
communications, investor targeting, roadshow and conference coordination,
financial media engagement and broader market awareness.
The engagement
is intended to support Globaltech as it advances its technology platform
strategy, expands its investor communications program and continues working
through its planned Nasdaq Capital Market uplisting process. Any uplisting
remains subject to the Company satisfying applicable listing requirements and
approval by Nasdaq.
Globaltech
combines revenue-generating operating businesses with AI and data technology
platforms designed to be tested, validated and scaled inside real commercial
environments. The Company currently controls entities which generated more than
$10.45 million in revenue during the quarter ended March 31, 2026, have more
than 460 employees worldwide, and are supported by approximately $103.7 million
in infrastructure assets. Globaltech’s platform includes operating businesses
across telecommunications and retail commerce, together with AI and data
platforms under commercial launch across financial technology, enterprise
software, e-commerce and sports technology.
Through its
Center of Excellence, Globaltech seeks to identify, evaluate, integrate and
scale technology platforms that can benefit from operating infrastructure,
customer environments, commercialization support and public-company resources.
Current platform
initiatives include Cadnz, an AI-ready digital lending platform for banks and
financial institutions; Thrivo AI, an AI-powered ERP and e-commerce operating
platform; and Baseball Blitz, a sports technology platform connecting leagues,
players and communities through data and engagement tools.
Dan Green, Chief
Executive Officer of Globaltech, commented: “Globaltech is entering an
important stage in its capital markets development. As we continue to advance
our platform strategy and work through the Nasdaq listing process, we believe
consistent, disciplined and transparent communication with the investment
community is essential. MZ Group brings deep investor relations experience,
capital markets relationships and a strong understanding of how to communicate
multi-platform public-company growth stories. We look forward to working with
MZ to help investors better understand Globaltech’s operating foundation, AI
and data platform strategy, and long-term commercialization model.”
Frank R. Parrish
III, President of Globaltech: “We believe that Globaltech has a differentiated
public-market story that combines operating revenue, infrastructure and
customer environments with a portfolio of AI and data technology platforms. The
Company’s model is designed to reduce commercialization risk by developing and
validating technology inside real operating businesses before pursuing broader
scale. We look forward to working with MZ Group to communicate this strategy
clearly and consistently to institutional investors, family offices, brokers,
analysts, retail investors and the broader capital markets community.”
For more information on Globaltech, please
visit globaltechcorporation.com.
About MZ Group
MZ North America
is the U.S. division of MZ Group, a global investor relations and corporate
communications firm serving public and private companies. MZ provides
customized investor relations programs, strategic communications, investor
outreach, public relations, market intelligence, roadshow support, financial
media engagement, technology solutions and related capital markets advisory
services. MZ works with companies across multiple industries and market
capitalizations to help management teams communicate effectively with
shareholders, institutional investors, analysts, family offices, brokers,
private investors and other key capital markets audiences.
For more information, please visit mzgroup.us.
About Globaltech Corporation
Globaltech
Corporation (OTCQB: GLTK)
is a publicly traded technology platform company building AI and data companies
inside real operating infrastructure. The Company combines revenue-generating
operating businesses with AI and data technology platforms across
telecommunications, retail commerce, financial technology, enterprise software,
e-commerce and sports technology. Through its Center of Excellence, Globaltech
seeks to identify, validate and scale technology opportunities using real
customer environments, infrastructure, operating workflows and
commercialization support.
For more information, please visit www.globaltechcorporation.com.
Forward-Looking Statements
Certain of the
matters discussed in this communication which are not statements of historical
fact constitute forward-looking statements, that involve a number of risks and
uncertainties. Words such as “strategy,” “expects,” “continues,” “plans,”
“anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,”
“goals,” “targets” and other words of similar meaning are intended to identify
forward-looking statements but are not the exclusive means of identifying these
statements. Any statements made in this news release other than those of
historical fact, about an action, event or development, are forward-looking
statements. Important factors that may cause actual results and outcomes to differ
materially from those contained in such forward-looking statements include,
without limitation: (a) our strategic plans and treasury management initiatives; (b) our need for additional capital, the terms of such capital
and the potential dilution to stockholders caused thereby, including through
the issuance of additional shares of common stock or upon conversion of
outstanding convertible notes; (c) changes in consumer preferences, purchasing behavior, competitive
conditions, and industry trends; (d) macroeconomic, geopolitical, and financial market conditions,
including inflation, interest rates, tariffs, and consumer spending levels; (e) disruptions to sourcing, manufacturing, supply chain, logistics,
labor availability, and the cost or availability of raw materials and finished
goods; (f) the Company's ability to successfully manage inventory, respond to
changing fashion trends, maintain the strength of its brands, and execute its
retail and growth strategies; (g) foreign currency exchange losses, fluctuations and translation
risks related to our business in Pakistan and the United Kingdom; (h) the international economic environment, geopolitical developments
and unexpected global events, including economic downturns in Pakistan, the
United Kingdom and globally, changes in inflation and interest rates, tariffs,
increased borrowing costs and potential declines in the availability of
funding; (i) the greater political, legal and economic risks associated with
operating in emerging markets as compared to more developed markets; (j) the unpredictability of our revenue performance, including because
a significant majority of our customers have not entered into long-term fixed
contracts with us; (k) our ability to compete in highly competitive markets, which we
expect to become increasingly competitive, and our ability to expand our
customer base and retain existing customers; (l) our ability to keep pace with technological changes and
evolving industry standards; (m) cyber-attacks and other cybersecurity threats that may lead
to compromised or inaccessible telecommunications, digital and financial services,
leaks or unauthorized processing of confidential information, and the potential
loss of customer confidence resulting therefrom; (n) the highly capital-intensive nature of the telecommunications
industry and the substantial and ongoing capital expenditures required to
operate and grow our business; (o) the terms of our interconnect agreements and our access to
third-party-owned infrastructure and networks over which we have no direct
control; (p) increases in license fees and our ability to obtain, maintain,
renew or replace licenses, which may be suspended or revoked; (q) risks related to our ability to continue conducting our activities
in a manner that does not cause us to be deemed an investment company under the
Investment Company Act of 1940, as amended; (r) the loss of important intellectual property rights or third-party
claims alleging infringement of intellectual property rights; (s) our substantial indebtedness and debt service obligations,
which could materially decrease cash flow and adversely affect our business and
financial condition; (t) our ability to maintain ownership and control of Worldcall Telecom
Limited and 123 Investments Limited, as well as our status as a controlled
company; (u) conflicts of interest; (v) our ability to comply with the extensive variety of laws and
regulations applicable to our business and the uncertain judicial and
regulatory environments in which we operate; (w) the fact that our operating subsidiaries, assets and certain of
our officers and directors are located in Pakistan and the United Kingdom,
which may affect shareholder rights, including the ability to enforce civil
liabilities under U.S. securities laws; (x) the outcome of legal disputes, claims, investigations and
litigation involving regulators, competitors and third parties; (y) risks relating to future divestitures, asset sales, joint ventures
and acquisitions; (z) the absence of an active trading market for our common stock and
the risk that such a market may not develop or be sustained; (aa) future operating results; (bb) our ability to uplist our common stock to Nasdaq, including the
fact that we do not currently meet Nasdaq’s initial listing requirements, may
not meet such requirements in the future, may not have our application to list
our common stock on Nasdaq be approved on a timely basis, if at all; and (cc) other plans, objectives, expectations and intentions contained in
this release that are not historical facts.
Other important
factors that may cause actual results and outcomes to differ materially from
those contained in the forward-looking statements included in this
communication are described in Globaltech’s publicly filed reports, including,
but not limited to, Globaltech’s Annual Report on Form 10-K for the year ended
December 31, 2025, the Company’s Quarterly Report on Form 10-Q for the quarter
ended March 31, 2026, future Annual Reports on Form 10-K, and Quarterly Reports
on Form 10-Q. These reports are available at www.sec.gov. Globaltech cautions that the
foregoing list of important factors is not complete. All subsequent written and
oral forward-looking statements attributable to Globaltech or any person acting
on behalf of Globaltech are expressly qualified in their entirety by the
cautionary statements referenced above. Other unknown or unpredictable factors
also could have material adverse effects on Globaltech’s future results. The
forward-looking statements included in this press release are made only as of
the date hereof. Globaltech cannot guarantee future results, levels of
activity, performance or achievements. Accordingly, you should not place undue
reliance on these forward-looking statements. Finally, Globaltech undertakes no
obligation to update these statements after the date of this release, except as
required by law, and takes no obligation to update or correct information
prepared by third parties that are not paid for by Globaltech. If we update one
or more forward-looking statements, no inference should be drawn that we will
make additional updates with respect to those or other forward-looking
statements.
Investor Relations Contact
Lucas A. Zimmerman
Managing Director, MZ Group
(262) 357-2918
Company Contact
Dan Green
Chief Executive Officer, Globaltech Corporation
investors@Globaltechcorporation.com
Toll Free: (888) 760-7067
USA: (775) 624-4817
AI-powered ERP and e-commerce operating platform helping businesses automate and scale operations.
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Sports technology platform connecting leagues, players, and communities through data and engagement tools.
Read More >DISCLAIMER
Information contained on this page is provided for general corporate information purposes only. Nothing on this page constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any securities of Globaltech Corp. Investors should review the Company’s public filings and consult their own financial, legal, and tax advisors before making any investment decision.
Certain statements on this page may constitute forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations, estimates, projections, and assumptions and involve risks and uncertainties that could cause actual results to differ materially. Globaltech Corp. undertakes no obligation to update forward-looking statements except as required by law.
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