Current Report Filing (8-k)
October 14 2022 - 06:08AM
Edgar (US Regulatory)
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2022-06-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
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):
June 23, 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:
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
5.02 Departure of Directors
or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain
Officers.
Global
Tech Industries Group (the “Company”) implemented a 10B5 plan (the
“Plan”) on behalf of the Company’s directors. The Plan was first
discussed by the board of directors of the Company on August 19,
2021. The Plan was finalized and signed by the board on June 23,
2022, and allows for the sale of 1% of each directors’ holdings,
spread over the course of one year on a monthly basis. The
paperwork and documentation for the 10B5 plan was recently
completed, and the first sale occurred in October 2022.
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.
Date:
October 13, 2022 |
By: |
/s/
David Reichman |
|
|
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.
Signature |
|
Title |
|
Date |
/s/
David Reichman |
|
Chairman
& CEO |
|
October
13, 2022 |
Global Tech Industries (QB) (USOTC:GTII)
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