Global Acquisitions Corp Files 8-K: Director/Officer Changes & Financials

Ticker: AASP · Form: 8-K · Filed: Nov 1, 2024 · CIK: 930245

Sentiment: neutral

Topics: corporate-governance, filing, financials

TL;DR

Global Acquisitions Corp filed an 8-K on 10/31/24 detailing leadership changes and financial updates.

AI Summary

GLOBAL ACQUISITIONS Corp filed an 8-K on October 31, 2024, reporting changes in directors and officers, a Regulation FD disclosure, and financial statements. The company, formerly known as ALL AMERICAN SPORTPARK INC and SAINT ANDREWS GOLF CORP, is incorporated in Nevada and operates in miscellaneous retail.

Why It Matters

This filing provides updates on the company's leadership and regulatory disclosures, which are important for investors to understand the current governance and financial status of Global Acquisitions Corp.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting standard corporate events and disclosures, not indicating immediate financial distress or significant new risks.

Key Players & Entities

FAQ

What specific changes were made regarding directors or officers?

The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', but the specific details are not provided in this excerpt.

What is the primary business of GLOBAL ACQUISITIONS Corp?

GLOBAL ACQUISITIONS Corp is classified under 'RETAIL-MISCELLANEOUS RETAIL [5900]'.

When was GLOBAL ACQUISITIONS Corp incorporated?

The company was incorporated in Nevada.

What is the fiscal year end for GLOBAL ACQUISITIONS Corp?

The fiscal year end for GLOBAL ACQUISITIONS Corp is December 31.

What other names has GLOBAL ACQUISITIONS Corp previously operated under?

GLOBAL ACQUISITIONS Corp was formerly known as ALL AMERICAN SPORTPARK INC (name change effective 19990121) and SAINT ANDREWS GOLF CORP (name change effective 19940916).

Filing Stats: 1,225 words · 5 min read · ~4 pages · Grade level 11.2 · Accepted 2024-11-01 17:00:18

Filing Documents

02 Departure of Directors or Certain Officers; Election of

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On October 31, 2024, John Boreta resigned as a member of the Board of Directors of Global Acquisitions Corporation (the "Company"). Mr. Boreta's resignation was not the result of any disagreement with the Company. (d) Also effective on October 31, 2024, effective immediately after the resignation of Mr. Boreta, the Board of Directors appointed James Askew as a member of the Board of Directors. Mr. Askew will serve until the Company's next annual meeting of stockholders, until his successor has been duly elected and qualified, or until his earlier death, resignation or removal. At the same time, the Board, pursuant to the power provided to the Board by the Company's Bylaws, set the number of members of the Board at three (3) members. The Board does not currently have any committees. Mr. Askew is not party to any material plan, contract or arrangement (whether or not written) with the Company, except for the Warrants and Consulting Agreement (discussed and described in greater detail in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on July 5, 2024), and there are no arrangements or understandings between Mr. Askew and any other person pursuant to which Mr. Askew as selected to serve as a director of the Company, nor is Mr. Askew a participant in any related party transaction required to be reported pursuant to Item 404(a) of Regulation S-K, except as discussed above. Mr. Askew's biographical information is disclosed below: James Askew, age 60 Since December 2023, Mr. Askew has served as Chairman, President, and Chief Executive Officer of Data Gumbo Intelligent Systems, Inc. Since November 2020, Mr. Askew has served as an advisor of the Company. Mr. Askew has been a co-founder and advisor to Verde Clean Fuels (Nasdaq:VGAS) since August 2020. Mr. Askew

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On November 1, 2024, the Company issued a press release disclosing the Company's change in business strategy to work to become a leader in the global sports entertainment and media industry. A copy of the press release is attached hereto as Exhibit 99.1 , and is incorporated into this Item 7.01 by reference. The Company is providing an updated presentation, a copy of which is furnished herewith as Exhibit 99.2 and incorporated into this Item 7.01 by reference. The information contained in Item 7.01 of this Current Report (and including Exhibits 99.1 and 99.2 hereto) shall not be deemed " filed " for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The press release and presentation furnished as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K, contain forward-looking statements, and, as such, may involve known and unknown risks, uncertainties and assumptions. These forward-looking limitations and qualifications set forth in the presentation and press release, as well as in the Company's other filings with the Securities and Exchange Commission, including, without limitation, that actual events and/or results may differ materially from those projected in such forward-looking cause the results of the Company and its subsidiaries to be materially different than those expressed or implied in such statements. Accordingly, readers should not place undue reliance on any forward-looking statements.

Forward-looking statements may include comments as to the Company's beliefs and

Forward-looking statements may include comments as to the Company's beliefs and expectations as to future financial performance, events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the Company's control. More information on potential factors that could affect the Company's financial results is included from time to time in the " Forward-Looking Analysis of Financial Condition and Results of Operations " sections of the Company's periodic and current filings with the SEC, including the Form 10-Qs and Form 10-Ks, filed with the SEC and available at www.sec.gov, and specifically including the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 and Annual Report on Form 10-K for the year ended December 31, 2023. Forward-looking statements speak only as of the date they are made. The Company undertakes no obligation to publicly update or revise any

forward-looking statements, whether as a result of new information, future

forward-looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as otherwise provided by law.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 99.1 Press Release of Global Acquisitions Corp. dated November 1, 2024 99.2 Presentation of Global Acquisitions Corp. (October 2024) 99.2 Presentation of Global Acquisitions Corp. (October 2024) (PDF) 104 Cover Page Interactive Data File (embedded within the Inline XBRL documents).

SIGNATURES

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 Acquisitions Corporation By: /s/ Ronald S. Boreta Date: November 1, 2024 Name: Ronald S. Boreta Title: Chief Executive Officer

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