Globaltech announces 1-for-3 reverse stock split effective Aug. 27 - GLTK News | RalliesGlobaltech announces 1-for-3 reverse stock split effective Aug. 27
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GLTK• Reverse stock split effective Aug. 27
- Globaltech will execute a 1-for-3 reverse stock split effective Aug. 27, 2026 at 12:01 a.m. PST.
- Shares are expected to trade split-adjusted on OTCQB at the market open Aug. 27, subject to FINRA effectiveness.
- Outstanding common shares are set to fall to about 50 million from about 152 million.
- The ticker will remain GLTK, with GLTKD used for 20 trading days following FINRA effectiveness.
- The move targets a potential Nasdaq Capital Market listing, with the company noting it does not yet meet all requirements.