GlobalTech (GLTK) CFO reports 21.4% stake, shared voting over preferred shares

Rhea-AI Filing Summary

GLOBALTECH CORP Chief Financial Officer Muhammad Azhar Saeed filed a Schedule 13D reporting beneficial ownership of 33,385,122 shares of common stock, or 21.4% of the class. This includes shares he holds directly plus securities over which he has voting power under a Voting Agreement.

Through this agreement with shareholders Stephen Buck and John Patrick Bywater, Saeed and Babar Ali Syed share voting rights over 750,000 common shares and 82,800 shares of Series A Convertible Preferred Stock, which are convertible into 4,190,000 common shares. The agreement grants them an irrevocable proxy to vote these securities until the earlier of January 1, 2029, the shareholders no longer holding company securities, or termination by the majority shareholders. Saeed states he holds the position for investment purposes and currently has no specific plans for corporate changes.

Insights

Equity ownership and governance analyst

CFO now reports a sizable 21.4% stake with shared voting rights.

The filing shows Muhammad Azhar Saeed, GlobalTech’s CFO, beneficially owning 33,385,122 common shares, or 21.4% of the class. This figure combines his direct holdings with securities covered by a Voting Agreement with two other shareholders.

Under that agreement, Saeed and Babar Ali Syed hold an irrevocable proxy to vote 750,000 common shares and 82,800 Series A Convertible Preferred shares, which are convertible into 4,190,000 common shares. The arrangement runs until January 1, 2029 or earlier specified events.

The Schedule 13D characterizes Saeed’s position as for investment purposes and explicitly states he currently has no plans for mergers, major asset sales, board changes, or other corporate control actions. Future impact will depend on how this significant voting position is used and any subsequent transactions he may report.

Key Figures

Beneficial ownership: 33,385,122 shares Ownership percentage: 21.4% Shares outstanding baseline: 151,071,091 shares +5 more

8 metrics

Beneficial ownership 33,385,122 shares Common stock beneficially owned by reporting person

Ownership percentage 21.4% Percent of GlobalTech common stock class

Shares outstanding baseline 151,071,091 shares Outstanding common shares as set forth in Form 10-K

Sole voting power 28,445,122 shares Shares with sole voting power by Saeed

Shared voting power 4,940,000 shares Shares with shared voting power under Voting Agreement

Series A Preferred 82,800 shares Series A Convertible Preferred Stock held by Shareholders

Series A conversion amount 4,190,000 shares Common shares issuable upon conversion of Series A Preferred

Conversion price $2.00 per share Conversion price for Series A Preferred to common stock

Key Terms

Series A Convertible Preferred Stock, Voting Agreement, irrevocable proxy, Automatic Conversion, +2 more

6 terms

Series A Convertible Preferred Stock financial

"On December 15, 2025, the Shareholders were issued: (i) 82,800 shares of newly designated shares of Series A Convertible Preferred Stock of the Company"

Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.

Voting Agreement financial

"entered into a Voting Agreement (the "Voting Agreement"), with the Issuer, Syed Babar Ali and Muhammad Azhar Saeed"

irrevocable proxy financial

"appointed the Majority Shareholders with a power of attorney and irrevocable proxy to vote all Issuer securities held by the Shareholders"

An irrevocable proxy is a legal authorization in which a shareholder gives another person or entity the permanent right to vote their shares and cannot later take that voting permission back. It matters to investors because it locks who controls voting power on key issues—like board elections, mergers, or major policy changes—so it can change corporate control and influence the value or direction of an investment much like handing someone an unchangeable voting card.

Automatic Conversion financial

"Each share of Series A Preferred Stock will automatically convert to Company Common Stock (the "Automatic Conversion")"

Uplisting financial

"on the earlier of (i) the date that the Company's Common Stock is listed on the Nasdaq Capital Market; Nasdaq Global Market, or NYSE American (an "Uplisting")"

Uplisting occurs when a company's stock moves from a less regulated, smaller exchange to a more established and widely recognized one. This transition can make the stock more accessible and attractive to a broader range of investors, potentially increasing its value and trading volume. For investors, uplisting often signals growth and stability, which can influence confidence and trading decisions.

Optional Conversion Period financial

"During a 60-day period beginning on March 31, 2026 (the "Optional Conversion Period"), each holder of Series A Preferred Stock may"

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

GLOBALTECH CORP

(Name of Issuer)

Common Stock, par value US$0.0001

(Title of Class of Securities)

37892L106

(CUSIP Number)

Muhammad Azhar Saeed
Plot No. 112-113, Block S, Quaid-e-Azam Industrial Estate
Kot Lakhpat, Lahore, R0, 54770
92 42 35400544

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

12/15/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 37892L106

1

Name of reporting person

Muhammed Azhar Saeed

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

PAKISTAN

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 28,445,122.00
8	Shared Voting Power 4,940,000.00
9	Sole Dispositive Power 28,445,122.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

33,385,122.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

21.4 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(8)/(11) Includes 750,000 shares of common stock of the Issuer held by the Shareholders, and 4,190,000 shares of common stock of the Issuer issuable upon conversion of the Series A Preferred Stock held by the Shareholders, each subject to the Voting Agreement discussed below. (13) Based on 151,071,091 outstanding shares of common stock as set forth on the cover page of the Issuer's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission on March 31, 2026, plus the shares of common stock issuable upon conversion of the Series A Preferred Stock held by the Shareholders which are subject to the Voting Agreement, as discussed below.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value US$0.0001
(b)	Name of Issuer: GLOBALTECH CORP
(c)	Address of Issuer's Principal Executive Offices: Plot No. 112-113, Block S, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore, PAKISTAN , 54770.
Item 2.	Identity and Background
(a)	This Statement is being filed by Muhammad Azhar Saeed (the "Reporting Person"). The Reporting Person previously filed a Schedule 13G on July 8, 2024.
(b)	The principal business office of Reporting Person is: Plot No. 112-113, Block S, Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore, Pakistan
(c)	Muhammad Azhar Saeed is the Chief Financial Officer of GlobalTech Corporation (the "Issuer"), whose business address is 3550 Barron Way Suite 13a, Reno, NV 89511.
(d)	The Reporting Person has not, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(e)	The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(f)	Citizenship - Muhammad Azhar Saeed - Pakistan
Item 3.	Source and Amount of Funds or Other Consideration
	On November 25, 2025, Stephen Buck and John Patrick Bywater (collectively, the "Shareholders"), entered into a Voting Agreement (the "Voting Agreement"), with the Issuer, Syed Babar Ali and Muhammad Azhar Saeed (the "Majority Shareholders"). Pursuant to the Voting Agreement, the Shareholders appointed the Majority Shareholders with a power of attorney and irrevocable proxy to vote all Issuer securities held by the Shareholders from time to time until the earlier of (i) January 1, 2029, (ii) the date that the Shareholders hold no Company securities, or (iii) the date on which the Majority Shareholders have notified the Shareholders that the Voting Agreement has been terminated. On December 15, 2025, the Shareholders were issued: (i) 82,800 shares of newly designated shares of Series A Convertible Preferred Stock of the Company (the "Series A Preferred Stock"); and (ii) 750,000 shares of the Company's common stock, $0.0001 par value per share ("Common Stock"). As a result of the Voting Agreement, Mr. Syed and Mr. Saeed share voting rights over the Series A Preferred Stock and the 750,000 shares of Common Stock held by the Shareholders. The Series A Preferred Stock carries no voting rights except for certain customary protective provisions, which require majority holder approval for actions such as amending the Series A designation, altering authorized shares (except by redemption or conversion), authorizing new senior or adversely affecting stock, effecting exchanges into Series A Preferred Stock shares, or issuing additional Series A Preferred Stock shares beyond the terms of a November 25, 2025, Share Exchange Agreement. Increases in authorized common or junior/pari passu preferred stock are not deemed adverse to the rights of the Series A Preferred Stock. During a 60-day period beginning on March 31, 2026 (the "Optional Conversion Period"), each holder of Series A Preferred Stock may, at its option, convert its shares of Series A Preferred Stock into that number of shares of Common Stock equal to $100 (the "Stated Value"), divided by $2.00 (the "Conversion Price"), subject to adjustment for stock splits and stock dividends, with any fractional shares rounded up to the nearest whole share. Each share of Series A Preferred Stock will automatically convert to Company Common Stock (the "Automatic Conversion") on the earlier of (i) the date that the Company's Common Stock is listed on the Nasdaq Capital Market; Nasdaq Global Market, or NYSE American (an "Uplisting") and (ii) the last day of the Optional Conversion Period, into that number of shares of common stock equal to the Stated Value of such share of Series A Preferred Stock, divided by (1) for an Automatic Conversion occurring on the date that the Uplisting is approved, (a) the initial sales price of the Company's common stock on the Nasdaq Capital Market, Nasdaq Global Market, or NYSE American, multiplied by (b) 0.80; and (2) for an Automatic Conversion occurring on the last day of the Optional Conversion Period, the greater of (x)(a) the initial sales price of the Company's common stock on the Nasdaq Capital Market, Nasdaq Global Market, or NYSE American on the date that the Uplisting is approved, multiplied by (b) 0.80; and (y) $2.50, subject in each case to adjustment for stock splits and stock dividends, with any fractional shares rounded up to the nearest whole share.
Item 4.	Purpose of Transaction
	The information set forth in Item 3 is hereby incorporated by reference into this Item 4. The Reporting Person acquired the securities for investment purposes. In the future, depending on general market and economic conditions affecting the Issuer and other relevant factors, the Reporting Person may purchase additional securities of the Issuer or dispose of some or all of the securities he currently owns from time to time in open market transactions, private transactions or otherwise. The Reporting Person may also acquire additional shares of Common Stock under various employee benefit and compensation arrangements with the Company in the future. The Reporting Person does not currently have any plans or proposals which relate to or would result in the following described: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuer's business or corporate structure, including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940; (g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. The Reporting Person retains the right to change his investment intent, and may, from time to time, acquire additional shares of Common Stock or other securities of the Company, or sell or otherwise dispose of (or enter into a plan or arrangements to sell or otherwise dispose of), all or part of the shares of Common Stock or other securities of the Company, if any, beneficially owned by him, in any manner permitted by law.
Item 5.	Interest in Securities of the Issuer
(a)	The aggregate number of shares of Common Stock beneficially owned by the Reporting Person and, the number of shares as to which there is sole power to vote or to direct the voting thereof, shared power to vote or to direct the voting thereof, sole power to dispose or to direct the disposition thereof, or shared power to dispose or to direct the disposition thereof, are set forth on rows 7 through 11 and row 13 of the cover page(s) of this Schedule 13D and are incorporated herein by this reference thereto.
(b)	The aggregate number of shares of Common Stock beneficially owned by the Reporting Person and, for the Reporting Person, the number of shares as to which there is sole power to vote or to direct the voting thereof, shared power to vote or to direct the voting thereof, sole power to dispose or to direct the disposition thereof, or shared power to dispose or to direct the disposition thereof, are set forth on rows 7 through 11 and row 13 of the cover page(s) of this Schedule 13D and are incorporated herein by this reference thereto.
(c)	The Reporting Person has not effected any transactions in the Common Stock during the past 60 days except as disclosed in Item 3, above, which information is incorporated by reference in this Item 5(c).
(d)	To the knowledge of the Reporting Person, only the Reporting Person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of the Issuer reported by this Schedule 13D which are held directly by the Reporting Person. The Shareholders have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock of the Issuer held by the Shareholders.
(e)	N/A.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The information provided in Items 2, 3, 4 and 5 of this Schedule 13D, is hereby incorporated herein by this reference thereto.
Item 7.	Material to be Filed as Exhibits.
	1. Voting Agreement dated November 24, 2025, and effective November 25, 2025, by and among Stephen Buck and John Patrick Bywater and Babar Ali Syed and Muhammad Azhar Saeed https://www.sec.gov/Archives/edgar/data/1938338/000147793225008727/global_ex102.htm

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Muhammed Azhar Saeed

Signature:	/s/ Muhammad Azhar Saeed
Name/Title:	Muhammad Azhar Saeed
Date:	05/08/2026

FAQ

How many GLOBALTECH CORP (GLTK) shares does Muhammad Azhar Saeed report owning?

Muhammad Azhar Saeed reports beneficial ownership of 33,385,122 GLOBALTECH CORP common shares. This represents 21.4% of the company’s common stock, based on 151,071,091 outstanding shares plus shares issuable from Series A Preferred Stock under a Voting Agreement.

What percentage of GLOBALTECH CORP (GLTK) does Muhammad Azhar Saeed’s stake represent?

Saeed’s beneficial ownership represents 21.4% of GLOBALTECH CORP’s common stock. That percentage is calculated from 151,071,091 outstanding shares as disclosed in the company’s Form 10-K, plus common shares issuable from the Series A Preferred Stock covered by the Voting Agreement.

What is the Voting Agreement described in the GLOBALTECH CORP (GLTK) Schedule 13D?

The Voting Agreement gives Saeed and Babar Ali Syed voting power over certain shareholder securities. Stephen Buck and John Patrick Bywater granted them an irrevocable proxy to vote their GLOBALTECH securities until January 1, 2029, or earlier termination events, consolidating voting control over those holdings.

How many GLOBALTECH CORP (GLTK) shares are linked to the Series A Preferred Stock?

The Schedule 13D notes 82,800 shares of Series A Convertible Preferred Stock. These are convertible into 4,190,000 GLOBALTECH common shares, based on a stated value of $100 per preferred share and a $2.00 conversion price, subject to specified adjustments.

Does Muhammad Azhar Saeed plan any corporate changes at GLOBALTECH CORP (GLTK)?

The filing states Saeed currently has no specific plans for major corporate actions. He reports holding the securities for investment purposes and lists no present plans for mergers, major asset sales, board changes, or similar control-related transactions, though he reserves the right to change his intent.

What are the key conversion terms for GLOBALTECH CORP’s Series A Preferred Stock?

Each Series A Preferred share has a $100 stated value and a $2.00 conversion price. Holders may convert during a 60-day period beginning March 31, 2026, and the shares will automatically convert upon an uplisting or at the end of that period under formula-based pricing.