Syed Babar Ali (GLTK) discloses 88,463,156 GlobalTech shares on Form 3

Rhea-AI Filing Summary

GlobalTech Corp insider Syed Babar Ali, identified as a ten percent owner, has filed an initial ownership report on Common Stock. The filing shows he beneficially owned 88,463,156 shares as of November 29, 2022, the date GlobalTech became subject to Section 12 reporting obligations.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Syed Babar Ali

Role null

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 88,463,156 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Beneficial ownership: 88,463,156 shares

1 metrics

Beneficial ownership 88,463,156 shares Common Stock beneficially owned as of November 29, 2022

Key Terms

ten percent owner, beneficially owned shares, Section 12 reporting obligations

3 terms

ten percent owner financial

"is_ten_percent_owner": 1"

beneficially owned shares financial

"reports the Reporting Person's beneficially owned shares as of November 29, 2022"

Section 12 reporting obligations regulatory

"The Issuer became subject to Section 12 reporting obligations on November 29, 2022"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Syed Babar Ali

(Last) (First) (Middle)

PLOT NO. 112-113, BLOCK S

QUAID-E-AZAM INDUSTRIAL ESTATE,

(Street)

KOT LAKHPAT LAHORE

(City) (State) (Zip)

PAKISTAN

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
11/28/2022

3. Issuer Name and Ticker or Trading Symbol
GlobalTech Corp [ GLTK ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	88,463,156	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Issuer became subject to Section 12 reporting obligations on November 29, 2022 and this Form 3 reports the Reporting Person's beneficially owned shares as of November 29, 2022.

	/s/ Syed Babar Ali	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Syed Babar Ali report owning in GlobalTech Corp (GLTK)?

Syed Babar Ali reports beneficial ownership of 88,463,156 shares of GlobalTech Corp Common Stock. This stake is disclosed as part of his status as a ten percent owner in the company’s Form 3 filing.

As of what date are Syed Babar Ali’s GLTK shares reported?

The reported 88,463,156 beneficially owned shares are as of November 29, 2022. That date is when GlobalTech Corp became subject to Section 12 reporting obligations, triggering the requirement for this initial ownership disclosure.

What is the significance of Section 12 reporting for GlobalTech Corp (GLTK)?

Section 12 reporting means GlobalTech Corp became subject to specific SEC disclosure rules on November 29, 2022. On that date, Syed Babar Ali’s 88,463,156 beneficially owned shares had to be reported in a Form 3 as his initial ownership statement.

Does the GlobalTech Corp (GLTK) Form 3 show any recent insider trades?

The Form 3 describes beneficially owned shares and classifies the entry as a holding, not a trade. It reports Syed Babar Ali’s 88,463,156 shares as of November 29, 2022, rather than detailing new purchases or sales.

What ownership role does Syed Babar Ali have in GlobalTech Corp (GLTK)?

Syed Babar Ali is identified as a ten percent owner of GlobalTech Corp. His Form 3 filing lists 88,463,156 beneficially owned shares of Common Stock, reflecting his significant stake as of November 29, 2022, when Section 12 obligations began.