GlobalTech Acquires Controlling Stake in U.K. Footwear Brand Moda in Pelle to Expand AI Platform and E-commerce Capabilities

GlobalTech Corporation, a U.S.-based technology holding company trading as GLTK on the OTC market, has finalized its acquisition of a 51% controlling interest in 123 Investments Limited, which operates as the premium U.K. footwear brand Moda in Pelle. The transaction, which closed on December 18, 2025, represents a strategic move by GlobalTech to diversify its revenue streams and enhance its direct-to-consumer and e-commerce capabilities through the integration of an established brand founded in 1975.

The acquisition consideration consisted of shares of GlobalTech common stock and Convertible Series A Preferred Stock, with detailed terms previously disclosed in a Form 8-K filed with the SEC on December 2, 2025. This equity-based transaction aligns the interests of both entities while avoiding immediate cash outlays, potentially preserving GlobalTech's liquidity for other strategic initiatives. The deal strengthens GlobalTech's operational footprint in the United Kingdom, providing a physical presence in a key European market that could serve as a launchpad for further international expansion.

A central component of the acquisition strategy involves the planned deployment of GlobalTech's Thrivo AI platform within the Moda in Pelle ecosystem. This integration aims to enhance customer experience, optimize supply chain operations, and improve inventory management through data-driven insights. The move represents a practical application of GlobalTech's stated focus on driving innovation across artificial intelligence, big data, and frontier technologies, as detailed in company disclosures available through their newsroom at https://ibn.fm/GLTK.

For the footwear industry, this transaction illustrates the growing convergence between traditional retail and advanced technology platforms. Moda in Pelle, with its nearly five decades of brand heritage and premium positioning, gains access to sophisticated AI capabilities that could help it compete more effectively in an increasingly digital marketplace. Meanwhile, GlobalTech acquires an established consumer brand with existing distribution channels and customer relationships, potentially accelerating its path to revenue generation from its technology platforms.

The acquisition's implications extend beyond immediate financial considerations. By combining a legacy footwear brand with cutting-edge AI technology, GlobalTech positions itself at the intersection of traditional manufacturing and digital transformation. This model, if successful, could demonstrate how technology holding companies can create value by modernizing established brands rather than building entirely new ventures from scratch. The transaction also highlights the ongoing trend of technology companies seeking tangible assets and revenue-generating businesses to complement their platform development efforts.

Investors and industry observers can review the complete transaction details and forward-looking statements in the company's SEC filings, with comprehensive terms of use and disclaimers available at http://IBN.fm/Disclaimer. The acquisition represents a calculated expansion of GlobalTech's portfolio beyond pure technology development into applied technology within consumer retail, potentially creating a blueprint for similar integrations across other traditional industries seeking digital transformation.