Global Acquisitions Corp Files 8-K

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

Sentiment: neutral

Topics: material-definitive-agreement, corporate-filing

TL;DR

Global Acquisitions Corp filed an 8-K on Nov 4, 2024, signaling a material definitive agreement.

AI Summary

GLOBAL ACQUISITIONS Corp entered into a material definitive agreement on November 4, 2024. The company, formerly known as ALL AMERICAN SPORTPARK INC and SAINT ANDREWS GOLF CORP, is incorporated in Nevada and headquartered in Las Vegas, NV.

Why It Matters

This 8-K filing indicates a significant event for Global Acquisitions Corp, potentially related to a new agreement or transaction that could impact its business operations and financial standing.

Risk Assessment

Risk Level: medium — 8-K filings often signal significant corporate events, which can introduce volatility and uncertainty for investors.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by GLOBAL ACQUISITIONS Corp?

The filing does not specify the details of the material definitive agreement, only that one was entered into on November 4, 2024.

When was GLOBAL ACQUISITIONS Corp incorporated?

The filing states that the company is incorporated in Nevada.

What were the previous names of GLOBAL ACQUISITIONS Corp?

The company was formerly known as ALL AMERICAN SPORTPARK INC and SAINT ANDREWS GOLF CORP.

What is the business address of GLOBAL ACQUISITIONS Corp?

The business address is 6730 SOUTH LAS VEGAS BLVD., LAS VEGAS, NV 89119.

What is the SEC file number for GLOBAL ACQUISITIONS Corp?

The SEC file number is 000-24970.

Filing Stats: 982 words · 4 min read · ~3 pages · Grade level 13.5 · Accepted 2024-11-08 08:30:31

Key Financial Figures

Filing Documents

01

Item 1.01 Entry into a Material Definitive Agreement. Between November 4, 2024 and November 7, 2024, Global Acquisitions Corporation (the " Company, " " us, " " we, " or " our ") entered into a series of subscription agreements, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K (the " Subscription Agreements "), in connection with a private placement offering to accredited investors (the " Investors "), which offering closed on November 7, 2024, and pursuant to which we raised aggregate gross proceeds of $2,500,000 (the " Offering "). Under the Subscription Agreements, the maximum amount of the Offering was $2,500,000, which amount was fully subscribed. In connection with the Offering, we sold to 23 Investors, an aggregate of 2,631,543 shares (the " Shares ") of our restricted common stock, par value $0.001 per share (the " Shares ") for $0.95 per Share. The Shares have not been registered under the Securities Act of 1933, as amended (the " Act ") and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Company is relying on the private placement exemption from registration provided by Section 4(a)(2) of the Act and by Rule 506(b) of Regulation D (" Rule 506(b) ") promulgated thereunder by the Securities and Exchange Commission (the " SEC "). Each of the Investors represented that it is an accredited investor within the meaning of Rule 501(a) of Regulation D, and that it was acquiring the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution thereof. The securities were offered without any general solicitation by the Company or its representatives. The Subscription Agreements contain customary representations, warranties and agreements by the Company, indemnification obligations of the Investors, and other obligations of the parties. The representations, warranties and covenants contain

02 Unregistered Sales of Equity Securities

Item 3.02 Unregistered Sales of Equity Securities. The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 3.02 by reference in its entirety. The Shares to be issued pursuant to the Subscription Agreements will not be registered under the Act, in reliance upon the exemption provided in Section 4(a)(2) thereof and Rule 506(b).

01

Item 9.01 Financial (d) Exhibits. No. Exhibit 10.1 Form of Subscription Agreement for November 2024 Private Offering by Global Acquisitions Corporation and the Investors party thereto 104 Cover Page Interactive Data File (formatted as Inline XBRL)

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 8, 2024 Name: Ronald S. Boreta Title: Chief Executive Officer

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