REDISTRIBUTION - GlobalTech Corporation Announces Trading of its Common Stock
GlobalTech (GLTK) has announced the trading of its common stock on the Over-the-Counter Market, marking a significant milestone for the company. The registration statement is now effective, with FINRA assigning 'GLTK' as its symbol. This development paves the way for business growth, as GlobalTech is now a fully SEC reporting entity with audited financial statements and compliant with US GAAP standards. FINRA approval follows a 'No Comment' position with the SEC, showcasing the company's commitment to transparency.
GlobalTech (GLTK) has successfully achieved FINRA approval for the trading of its common stock on the Over-the-Counter Market, indicating a significant step forward in its business operations and growth trajectory.
The company's registration statement becoming effective, along with the assignment of the 'GLTK' symbol by FINRA, demonstrates GlobalTech's commitment to regulatory compliance and transparency, essential for building investor confidence and trust.
GlobalTech's status as a fully SEC reporting company, with audited financial statements for the last two years and adherence to US GAAP standards for interim accounts, reinforces its credibility and reliability in the market.
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RENO, Nev., May 07, 2024 (GLOBE NEWSWIRE) -- GlobalTech Corporation (OTC: GLTK), is pleased to announce the trading of its common stock on the Over-the-Counter Market
It is a major milestone for GlobalTech Corporation (GlobalTech) after its registration statement became effective and FINRA assigned “GLTK” as its symbol. The trading of its common stock will enable GlobalTech to embark on a path of business growth.
GlobalTech is a fully SEC reporting company. Its annual financial statements for last two years were audited by auditors registered with PCAOB. All its interim accounts are prepared in accordance with US GAAP. FINRA approved GlobalTech for trading after the GlobalTech reached a “No Comment” position with the SEC. Links to all GlobalTech SEC filings are available on GlobalTech website and interested entities can also sign-up for alerts on the website (www.globaltechcorporation.com).
About GlobalTech Corporation
GlobalTech is a publicly traded company with its office in Reno, Nevada and with operations in the technology sector. It plans to grow its business operations through investments in telecom, media and technology sectors. GlobalTech is holding company of WorldCall Telecom Limited (Pakistan Stock Exchange: WTL).
About Worldcall Telecom Limited (www.worldcall.net.pk)
Worldcall Telecom Limited (PSX:WTL) is a public listed telecom and media operator in Pakistan. Worldcall has substantial deployments in Long Distance and International (LDI), broadband, metro fiber optic networks and media playout facilities for its cable operations. Worldcall services over 750,000 subscribers and has deployed approximately 1,100 miles of metro fiber in 20 cities across Pakistan to provide its customers with internet and television service.
info@globaltechcorporation.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the GlobalTech Corporation’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the telecommunications market and broadband market, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) telecommunications authority and other governmental approvals and regulations, and (vi) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. All information provided in this press release is as of the date of this press release, and GlobalTech Corporation undertakes no duty to update such information, except as required under applicable law.
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