Current Report Filing (8-k)
January 07 2022 - 5:01PM
Edgar (US Regulatory)
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2022-01-06
2022-01-06
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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): January 6, 2022
Global
Tech Industries Group, Inc.
(Exact
name of registrant as specified in its charter)
Nevada
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000-10210
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83-0250943
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(State
or Other Jurisdiction
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(Commission
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(I.R.S.
Employer
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of
Incorporation)
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File
Number)
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Identification
No.)
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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:
☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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
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Trading
Symbol
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Name
of each exchange on which registered
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Common
Stock
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GTII
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N/A
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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
2.01 Completion of Acquisition or Disposition of Assets
On
January 3, 2022, Global Tech Industries Group, Inc. (the “Company”) acquired Bronx Family Eye Care, Inc. The purchase price
was two million six hundred fifty thousand (2,650,000) shares of the Company’s common stock.
The
Company is also filing this Form 8-K to provide the financial statements of Bronx Family Eye Care, Inc. and the proforma information
required by Item 9.01 of Form 8-K with respect to the acquisition of Bronx Family Eye Care, Inc.
Item
9.01 Financial Statements and Exhibits
(a)
Financial Statement of Businesses Acquired
The
audited financial statements as of and for the years ended December 31, 2020, and 2019 and related notes, are filed as Exhibit 99.1
to this report and incorporated herein by reference.
The
unaudited financial statements as of and for the nine month periods ended September 30, 2021, and 2020 and related notes, are
filed as Exhibit 99.2 to this report and incorporated herein by reference.
(b)
Proforma Financial Information
The
unaudited pro forma condensed combined balance sheet as of September 30, 2021, and the unaudited proforma condensed combined statement
of operations for the year ended December 31, 2020, and the nine months ended September 30, 2021, showing the pro forma effects of the
Company’s acquisition of Bronx Family Eye Care, Inc., and related notes, are filed as Exhibit 99.3 to the report and are incorporated
herein by reference.
(c)
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.
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Global
Tech Industries Group, Inc.
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Date:
January 7, 2022
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By:
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/s/
David Reichman
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Chairman
& CEO
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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.
Global Tech Industries (CE) (USOTC:GTII)
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