GlobalTech Establishes Independent Board Committees Ahead of Planned Nasdaq Uplisting

GlobalTech Corporation (OTCQB: GLTK), a U.S.-based technology platform company enabling growth in AI, data and frontier technologies, has confirmed the composition of its Audit, Compensation and Nominating and Corporate Governance committees, along with the adoption of charters for each. The committees are composed of directors the board has determined to be independent under Nasdaq rules. The board approved the committee appointments and charters by unanimous written consent effective Jan. 7, 2026, together with the company Code of Ethics and Clawback Policy. According to the company, the governance structure was established ahead of its planned move to a national exchange. GlobalTech has applied to list its common shares on the Nasdaq Capital Market, with the application currently under review and subject to Nasdaq approval and satisfaction of applicable listing standards. GlobalTech common stock was approved for quotation on the OTCQB Venture Market on March 26, 2026, and the company completed a 1-for-3 reverse stock split on Aug. 27, 2026. To view the full press release, visit https://ibn.fm/xlR6n.

This development matters because it signals GlobalTech's commitment to strong corporate governance, a critical factor for companies seeking to uplist to major exchanges like Nasdaq. Independent board committees and formal charters are designed to enhance oversight, mitigate risks, and align with best practices that institutional investors expect. For Texas, where GlobalTech operates and where the technology sector is a growing economic driver, the move could attract more investment and talent. The company's focus on AI, data, and frontier technologies positions it within a high-growth industry that is increasingly vital to the state's economy. As GlobalTech advances its Nasdaq application, successful uplisting could provide greater access to capital, increase visibility, and support the scaling of its operating businesses across telecommunications, retail commerce, financial technology, enterprise software, e-commerce, and sports technology.

GlobalTech Corporation (OTCQB: GLTK) is a publicly-traded technology platform company building AI and data companies inside real operating infrastructure. The Company combines revenue-generating operating businesses with AI and data technology platforms. Through its Center of Excellence, GlobalTech seeks to identify, validate and scale technology opportunities using real customer environments, infrastructure, operating workflows and commercialization support. The latest news and updates relating to GLTK are available in the company's newsroom at https://ibn.fm/GLTK.

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