Current Report Filing (8-k)
June 01 2022 - 8:31AM
Edgar (US Regulatory)
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0000356590
2022-05-25
2022-05-25
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iso4217:USD
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 25, 2022
Global
Tech Industries Group, Inc.
(Exact
name of registrant as specified in its charter)
Nevada |
|
000-10210 |
|
83-0250943 |
(State
or Other Jurisdiction |
|
(Commission |
|
(I.R.S.
Employer |
of
Incorporation) |
|
File
Number) |
|
Identification
No.) |
511
Sixth Avenue, Suite 800 New York, NY 10011
(Address
of Principal Executive Offices) (Zip Code)
(212)
-204-7926
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act: None.
Securities
registered pursuant to Section 12(g) of the Act:
Title
of each Class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
Common
Stock |
|
GTII |
|
N/A |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
1.01 Entry into A Definitive Material Agreement
On
May 25, 2022 Global Tech Industries Group, Inc. (the “Company” or GTII”), a public corporation duly organized under
the laws of the state of Nevada, and having its principal offices at 511 Sixth Avenue, New York, NY 10011 and Gold Transactions
International, Inc. (“GTI”), a corporation organized under the laws of the State of Utah and having its mailing
address at PO Box 911441, St. George, UT 84791, collectively known as the parties, executed an amendment (the “Amendment”)
to the original Stock Purchase Agreement (the “Agreement”), which both parties had previously executed on February 28, 2021.
Through no fault by either party, the transactions contemplated in the Agreement had not yet closed. However, upon the execution of the
Amendment, the transactions contemplated in the Agreement have now closed and GTI is currently a wholly-owned subsidiary of the Company.
Item
9.01 (d) Exhibits
SIGNATURES
Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned, thereunto duly authorized.
|
Global
Tech Industries Group, Inc. |
|
|
Date:
June 1, 2022 |
By: |
/s/
David Reichman |
|
|
Chairman
& CEO |
Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.
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