GlobalTech Corp Sets 2024 Annual Meeting for Dec 5
Ticker: GLTK · Form: DEF 14A · Filed: Oct 17, 2024 · CIK: 1938338
Sentiment: neutral
Topics: proxy-statement, annual-meeting, shareholder-voting
TL;DR
GlobalTech Corp proxy filed for Dec 5 annual meeting. Vote your shares!
AI Summary
GlobalTech Corporation has filed its definitive proxy statement (DEF 14A) for its 2024 Annual Meeting of Stockholders, scheduled for December 5, 2024. The filing, submitted on October 17, 2024, outlines the agenda and details for the meeting where shareholders will vote on company matters. The company is incorporated in Nevada and its fiscal year ends on December 31.
Why It Matters
This filing informs shareholders about the upcoming annual meeting, where they can exercise their voting rights on critical company decisions and elect directors.
Risk Assessment
Risk Level: low — This is a routine annual proxy filing and does not contain information indicating significant immediate risk.
Key Numbers
- 2024 — Annual Meeting Year (The company is holding its annual meeting for the year 2024.)
- 1231 — Fiscal Year End (GlobalTech Corporation's fiscal year concludes on December 31st.)
Key Players & Entities
- GlobalTech Corporation (company) — Registrant
- December 5, 2024 (date) — Annual Meeting Date
- October 17, 2024 (date) — Filing Date
- Nevada (location) — State of Incorporation
- 0001938338 (company_id) — Central Index Key
FAQ
When is the GlobalTech Corporation 2024 Annual Meeting of Stockholders?
The 2024 Annual Meeting of Stockholders for GlobalTech Corporation is scheduled to be held on December 5, 2024.
What type of filing is this document?
This document is a Definitive Proxy Statement (DEF 14A).
On what date was this proxy statement filed with the SEC?
The definitive proxy statement was filed with the SEC on October 17, 2024.
In which state is GlobalTech Corporation incorporated?
GlobalTech Corporation is incorporated in Nevada (NV).
What is the fiscal year end for GlobalTech Corporation?
GlobalTech Corporation's fiscal year ends on December 31.
Filing Stats: 4,806 words · 19 min read · ~16 pages · Grade level 17.4 · Accepted 2024-10-17 16:51:12
Key Financial Figures
- $0.0001 — authorized shares of our common stock, $0.0001 par value per share, that we may issue
Filing Documents
- global_def14a.htm (DEF 14A) — 1160KB
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- global_pre14aimg11.jpg (GRAPHIC) — 179KB
- global_pre14aimg10.jpg (GRAPHIC) — 257KB
- global_pre14aimg1.jpg (GRAPHIC) — 257KB
- 0001477932-24-006546.txt ( ) — 4217KB
Security Ownership of Management and Certain Beneficial Owners and Management
Security Ownership of Management and Certain Beneficial Owners and Management 10 Change of Control 11 CORPORATE GOVERNANCE 12 Board Leadership Structure 12 Risk Oversight 12 Family Relationships 12 Arrangements between Officers and Directors 13 Other Directorships 13 Involvement in Certain Legal Proceedings 13 Board of Directors Meetings 13 Board Committees 13 Director Independence 14 Stockholder Communications with the Board of Directors 14 Executive Sessions of the Board of Directors 14 Code of Business Conduct and Ethics 14 Policy on Equity Ownership 15 Compensation Recovery and Clawback Policies 15 Insider Trading/Anti-Hedging Policies 15 Pledging of Shares 15 Rule 10b5-1 Trading Plans 15 INFORMATION ABOUT OUR EXECUTIVE OFFICERS 16 BOARD OF DIRECTORS 18 General 18 Director Nominees 18 Qualifications of All Directors of the Board 21
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 21 Summary Executive Compensation Table 22 Outstanding Equity Awards at Fiscal Year-End 23 Employment Agreements 23 iii Table of contents DIRECTORS COMPENSATION 23 Summary Director Compensation Table 23 Board of Director Fees 24 EQUITY COMPENSATION PLAN INFORMATION 24 Equity Compensation Plan Information 24 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 25 Related Party Transactions 25 Review, Approval and Ratification of Related Party Transactions 25 DELINQUENT SECTION 16(A) REPORTS 25 PROPOSAL 1 ELECTION OF DIRECTORS 26 General 26 General Director Qualifications 26 Vote Required To Elect the Director Nominees; Recommendation of the Board of Directors 26 PROPOSAL 2 RATIFICATION OF APPOINTMENT OF AUDITORS 27 General 27 Change in Auditors 27 Audit Fees 27 Pre-Approval Policies 28 Required Vote; Recommendation of the Board of Directors 28 PROPOSAL 3 ADOPTION OF THE GLOBALTECH GROUP, INC. 2024 EQUITY INCENTIVE PLAN 29 General Information 29 General Information About The 2024 Plan 29 Shares Available Under the 2024 Plan; Evergreen Provision 29 Awards planned under the 2024 Plan 36 Required Vote; Recommendation of the Board of Directors 36 PROPOSAL 4 THE APPROVAL, RATIFICATION AND VALIDATION OF AN AMENDMENT TO OUR ARTICLES OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF OUR COMMON STOCK, $0.0001 PAR VALUE PER SHARE, THAT WE MAY ISSUE FROM 10,000,000 TO 500,000,000 37 General 37 Background 37 Our Board Has Approved the Ratification Proposal 37 Filing of a Certificate of Validation 38 Retroactive Ratification of the 2020 Share Increase Amendment 38 Time Limitations on Legal Challenges to the 1 st Ratification Proposal 38 The Consequences if the 1 st Ratification Proposal is Not Approved by Our Stockholders 38 Vote Required; Recommendation of the Board 38 iv Table of contents PROPOSAL 5 THE APPROVAL, RATIFIC