GlobalTech Corp. (OTC: GLTK), a technology platform company building AI and data companies inside real operating infrastructure, announced that its common stock resumed trading under its original "GLTK" ticker symbol on the OTCQB Market effective Sept. 28, 2026. The shares had temporarily traded under "GLTKD" following the company's 1-for-3 reverse stock split effective Aug. 27. The temporary 20-trading-day period ended Sept. 25, resulting in the ticker reverting to GLTK. The news was reported by GlobalTech (OTC: GLTK).
The return to the original ticker is a significant operational milestone for GlobalTech, which continues to pursue a planned uplisting to the Nasdaq Capital Market. The company said its application remains under review and Nasdaq has not granted approval, with any uplisting subject to satisfying applicable listing requirements and receiving Nasdaq approval. For investors and stakeholders in the Long Beach and surrounding California area, this development signals the company's ongoing commitment to enhancing its market presence and liquidity. A successful uplisting to a major exchange like Nasdaq could increase visibility, attract institutional investors, and potentially improve trading liquidity, which would benefit the company's growth initiatives and the broader technology ecosystem it serves.
GlobalTech Corporation is a publicly-traded technology platform company that combines revenue-generating operating businesses with AI and data technology platforms across telecommunications, retail commerce, financial technology, enterprise software, e-commerce and sports technology. 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 company's focus on building AI and data companies inside real operating infrastructure positions it at the intersection of several high-growth sectors, which could drive innovation and economic activity in the region.
The reverse stock split and subsequent ticker restoration are often necessary steps for companies aiming to meet the minimum bid price requirements for uplisting to exchanges like Nasdaq. While the split reduced the number of outstanding shares, it increased the stock's per-share price, which can make the stock more attractive to a broader range of investors and potentially reduce volatility. For the local business community, GlobalTech's progress could serve as a bellwether for other technology firms in Long Beach and surrounding areas considering similar strategic moves.
The latest news and updates relating to GLTK are available in the company's newsroom at https://ibn.fm/GLTK. The full press release can be viewed at https://ibn.fm/UwWjW.
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