GlobalTech (GLTK) amends 10-K cover page after correcting XBRL data

Rhea-AI Filing Summary

GlobalTech Corporation filed Amendment No. 1 to its Annual Report for the year ended December 31, 2025. The amendment is narrow and only updates the cover page to state that the company has now electronically submitted every required Interactive Data File under Rule 405 of Regulation S‑K, following corrected XBRL tagging for its 2024 annual report.

The amendment does not change any 2025 financial or business disclosures from the original filing. As of June 25, 2025, the aggregate market value of common equity held by non‑affiliates was approximately $33,779,450 based on a $1.80 share price, and 151,071,091 common shares were outstanding as of March 23, 2026. The company is a controlled company, with 58.56% of outstanding shares beneficially owned by Babar Ali Syed.

Key Figures

Non-affiliate equity value: $33,779,450 Share price reference: $1.80 per share Shares outstanding: 151,071,091 shares +1 more

4 metrics

Non-affiliate equity value $33,779,450 Aggregate market value of common equity held by non-affiliates as of June 25, 2025

Share price reference $1.80 per share Closing sales price on OTC Markets on June 25, 2025

Shares outstanding 151,071,091 shares Common stock outstanding as of March 23, 2026

Controlling ownership stake 58.56% of shares Issued and outstanding shares beneficially owned by Babar Ali Syed

Key Terms

Interactive Data File, Inline XBRL, controlled company, Section 302 of the Sarbanes-Oxley Act, +1 more

5 terms

Interactive Data File regulatory

"has now submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405"

Inline XBRL technical

"Inline XBRL Instance Document (filed herewith)"

Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

controlled company financial

"We are a controlled company as 58.56% of our issued and outstanding shares are beneficially owned"

A controlled company is a publicly traded firm where one shareholder or a small group holds enough voting power to determine board members and major strategic choices. For investors this matters because control can speed decision-making and protect long-term plans, but it also raises the risk that majority owners will favor their own interests over minority shareholders, reducing outside oversight—like a family-owned restaurant that sold shares but the family still calls the shots.

Section 302 of the Sarbanes-Oxley Act regulatory

"Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act"

aggregate market value financial

"The aggregate market value of the voting and non-voting common equity held by non-affiliates"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

How to Read a 10-K Annual Report →

0001938338true--12-31FY2025false00019383382025-01-012025-12-3100019383382026-03-2300019383382025-06-25iso4217:USDxbrli:sharesiso4217:USDxbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K/A

(Amendment No. 1)

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2025

☐ TRANSITION REPORT UNDER SECTION 13 BOR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                             to                            

Commission file number 000-56482

GlobalTech Corporation

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation or organization)

3550 Barron Way Suite 13a, Reno, NV 89511

(Address of principal executive offices, including zip code.)

775 624-4817

(Telephone number, including area code)

 N/A

(Former name, former address, and former fiscal year, if changed since last report)

Securities registered under Section 12(b) of the Act:

Title of each class		Name of each exchange on which registered.
None		N/A

Securities registered under Section 12(g) of the Act:

Common Stock, $0.0001 par value

(Title of class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 the Securities Act. Yes ☐    No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐    No ☒

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the last 90 days. Yes ☒    No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-K (§229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒   No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” and “emerging grown company,” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated Filer	☒	Smaller reporting company	☒
		Emerging Growth company	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐    No ☒

The aggregate market value of the voting and non-voting common equity held by non-affiliates of the Registrant, based upon the closing price of the shares of common stock on OTC Markets as of June 25, 2025, the last trading day before the end of the most recently completed second fiscal quarter, and based on the closing sales price on such date of $1.80, was $33,779,450. For purposes of calculating the aggregate market value of shares held by non-affiliates, we have assumed that all outstanding shares are held by non-affiliates, except for shares held by each of our executive officers, directors and 5% or greater stockholders. In the case of 5% or greater stockholders, we have not deemed such stockholders to be affiliates unless there are facts and circumstances which would indicate that such stockholders exercise any control over our company, or unless they hold 10% or more of our outstanding common stock. These assumptions should not be deemed to constitute an admission that all executive officers, directors and 5% or greater stockholders are, in fact, affiliates of our company, or that there are no other persons who may be deemed to be affiliates of our company. Further information concerning shareholdings of our officers, directors and principal shareholders is included or incorporated by reference in Part III, Item 12 of this Annual Report on Form 10-K.

Indicate the number of shares outstanding of each of the registrant’s classes of common stock as of the latest practicable date: 151,071,091 of Common Stock as of March 23, 2026.

Document Incorporated by Reference: None

We are a controlled company as 58.56% of our issued and outstanding shares are beneficially owned by Babar Ali Syed.

DOCUMENTS INCORPORATED BY REFERENCE

 None.

Explanatory Note

On March 31, 2026, GlobalTech Corporation (the “Company,” “we,” “us,” or “our”) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Original Form 10-K”) with the U.S. Securities and Exchange Commission (the “SEC”).

The Original Form 10-K reported that the Company had not submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-K during the preceding 12 months, as certain required XBRL items were not correctly tagged in its Annual Report on Form 10-K for the year ended December 31, 2024. Subsequently, the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 was amended to correct such missing XBRL tagging and this Amendment No. 1 to Annual Report on Form 10-K (“Amendment No. 1”) is being filed solely to update the cover page of the Original Form 10-K to confirm that the Company has now submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-K during the preceding 12 months.

As such, this Amendment No. 1:

● updates the cover page of the Original Form 10-K as described above; and

● files new certifications of our principal executive officer and principal financial officer as exhibits to this Amendment No. 1 under Item 15 of Part IV hereof, pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

This Amendment No. 1 does not otherwise change or update any of the disclosures set forth in the Original Form 10-K, and, except as expressly stated herein, does not reflect events occurring after the filing of the Original Form 10-K.

2

ITEM 15. EXHIBITS, FINANCIAL STATEMENTS AND SCHEDULES

(a) No financial statement or supplemental data is filed with this Amendment No. 1 to Form 10-K. See Index to Financial Statements and Supplemental Data of the Original Form 10-K.

(b) Exhibits

The exhibits required to be filed by Item 15 are set forth in, and filed with or incorporated by reference in, the “Exhibit Index” of the Original Form 10-K. The attached list of exhibits in the “Exhibit Index” sets forth the additional exhibits required to be filed with this Amendment No. 1 and is incorporated herein by reference in response to this item.

Exhibit Number		Description
31.3*		Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act
31.4*		Certification of Principal Accounting Officer pursuant to Section 302 of the Sarbanes-Oxley Act
101.INS		Inline XBRL Instance Document (filed herewith)
101.SCH		Inline XBRL Taxonomy Extension Schema With Embedded Linkbase Documents (filed herewith)
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

* Filed herewith.

3

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		GLOBALTECH CORPORATION
Dated: April 16, 2026	By:	/s/ Dana Green
		Dana Green
		Chief Executive Officer, President and Director
		(Principal Executive Officer)

4

FAQ

What does GlobalTech (GLTK) change in this Form 10-K/A amendment?

The amendment only updates the cover page to confirm GlobalTech has submitted all required Interactive Data Files under Rule 405 of Regulation S‑K. It follows corrected XBRL tagging for the 2024 annual report and leaves all 2025 disclosures unchanged.

Does GlobalTech’s 10-K/A amendment alter its 2025 financial results?

No, the amendment does not change any financial statements or narrative disclosures for 2025. It is limited to updating the cover page compliance statement regarding electronic submission of Interactive Data Files and adds related certifications and Inline XBRL exhibits.

How much GlobalTech (GLTK) equity is held by non-affiliates?

As of June 25, 2025, GlobalTech’s voting and non‑voting common equity held by non‑affiliates was valued at about $33,779,450, based on a $1.80 closing price on OTC Markets, assuming only executives, directors and certain large holders are affiliates.

How many GlobalTech (GLTK) shares are outstanding?

GlobalTech reported 151,071,091 shares of common stock outstanding as of March 23, 2026. This figure reflects the latest practicable date used in the amended annual report and helps investors gauge company size and ownership concentration.

Why is GlobalTech considered a controlled company?

GlobalTech is a controlled company because Babar Ali Syed beneficially owns 58.56% of its issued and outstanding common shares. This majority position gives a single holder substantial voting influence over corporate decisions, including director elections and key strategic matters.

What new exhibits did GlobalTech file with this 10-K/A?

The amendment adds officer certifications under Section 302 of the Sarbanes‑Oxley Act and several Inline XBRL exhibits, including the instance document, taxonomy extension schema, and the cover page Interactive Data File embedded within the Inline XBRL submission.