Global Technologies (OTC: GTLL) finishes two-year audit and confirms current SEC reporting status
Rhea-AI Filing Summary
Global Technologies, LTD filed a current report describing a major clean-up of its financial reporting. The company completed a comprehensive two-year independent audit, including an audit and restatement of its 2024 financial statements, under a PCAOB-registered auditing firm.
It also filed Quarterly Reports for the periods ended September 30, 2025 and December 31, 2025, including an amended Form 10-Q/A reviewed by the auditor. Global Technologies confirms it is now current with all required SEC periodic filings through the quarter ended December 31, 2025, aiming to strengthen transparency, internal controls, and investor confidence.
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Insights
Global Technologies is now current with SEC reports after a two-year independent audit.
Global Technologies, LTD completed a two-year independent audit, restated its 2024 financials, and filed its quarterly reports through the period ended December 31, 2025 under a PCAOB-registered firm. This closes a significant gap in audited disclosure.
The company states it is now current in its SEC reporting obligations and highlights a shift from a prior auditor whose PCAOB registration is no longer active. Management frames the expanded audit as exceeding minimum requirements to reinforce internal controls and transparency.
If consistently maintained, current reporting and a PCAOB-registered auditor can support broader investor participation and potential uplisting efforts. The company also signals upcoming updates on sales velocity, client growth, and revenue expansion across its subsidiaries, which future filings would need to substantiate.
8-K Event Classification
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Item 7.01 Regulation FD Disclosure
On March 26, 2026, Global Technologies, LTD (the “Company”) issued a press release announcing the completion of a comprehensive two-year independent audit, confirmation of its current reporting status with the U.S. Securities and Exchange Commission, and related corporate updates.
A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press release dated March 26, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GLOBAL TECHNOLOGIES, LTD (Registrant) | |
| Date: March 26, 2026 | /s/ H. Wyatt Flippen |
| H. Wyatt Flippen | |
| CEO & Chairman |
Exhibit 99.1
Global Technologies, LTD (OTC: GTLL) Issues Formal Confirmation of SEC Reporting Status and Completion of Independent Two-Year Audit
Greensboro, NC, March 26, 2026 (GLOBE NEWSWIRE) — Global Technologies, LTD (OTC: GTLL) is pleased to announce the successful completion of a comprehensive two-year independent audit, along with the filing of its most recent quarterly reports under the supervision of its PCAOB-registered auditing firm. This process included the audit and restatement of the Company’s 2024 financial statements, as well as the completion and filing of its Quarterly Reports for the periods ended September 30, 2025 and December 31, 2025, including an amended Form 10-Q/A reflecting auditor review.
The Company confirms that it is now current in its financial reporting obligations with the U.S. Securities and Exchange Commission (“SEC”), with all required periodic reports, including annual and quarterly filings, completed through the quarter ended December 31, 2025.
Additionally, Global Technologies has completed a comprehensive independent audit covering the past two fiscal years. Although it is not required to regain current reporting status, the Company undertook this initiative to enhance the reliability and transparency of its financial disclosures. The audit was performed by an independent PCAOB-registered accounting firm.
This step follows the Company’s transition from its prior auditor, whose PCAOB registration is no longer active. Management elected to exceed minimum regulatory requirements in order to strengthen internal controls and reinforce investor confidence.
“We previously shared the completion of our two-year audit through our social media channels and felt it was important to formally document this milestone and related reporting updates through an official press release,” said Wyatt Flippen, Chief Executive Officer of Global. “Our commitment to transparency and accountability remains a top priority, and we want to ensure all stakeholders have clear and accessible disclosure of these developments.”
With its reporting status now current and enhanced financial oversight in place, Global believes it is well-positioned to improve market visibility and pursue future growth opportunities. The Company expects to provide additional updates in the coming weeks highlighting key operating metrics, including sales velocity, client growth, and revenue expansion across its core subsidiaries, as it continues to execute on its growth strategy.
About Global Technologies, LTD
Global Technologies, LTD (OTCPK: GTLL) is a public, multi-operational company focused on building scalable businesses in digital health, wellness, and technology. Through acquisitions, strategic licensing, and integrated platforms, GTLL seeks to deliver innovative solutions and long-term shareholder value.
Forward-Looking Statements:
Statements made in this press release that express the Company’s or management’s intentions, plans, beliefs, expectations, or predictions of future events are forward-looking statements. Words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “will,” and similar expressions are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on assumptions and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied.
The forward-looking statements contained herein represent the Company’s judgment as of the date of this press release, and the Company undertakes no obligation to update or revise such statements to reflect changes in expectations or circumstances, except as required by law.
Investor Contact:
Ed
Capko
Director of Investor Relations
Ed@GTLGROUP.io
815-942-4645
FAQ
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Filing Exhibits & Attachments
5 documentsPress Releases
