{"url_path":"/sec/gtll/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-03","source_url":"https://www.sec.gov/Archives/edgar/data/932021/0001493152-26-027072-index.html","accession_number":"0001493152-26-027072","cik":"0000932021","ticker":"GTLL","issuer_name":"GLOBAL TECHNOLOGIES LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/932021/0001493152-26-027072-index.html","primary_entity_key":"0000932021","primary_entity_name":"GLOBAL TECHNOLOGIES LTD"},"word_count":179,"has_tables":true,"body_markdown":"**Item\n2. Unregistered Sales of Equity Securities and Use of Proceeds**\n\n \n\nIn\nconnection with the foregoing, the Company relied upon the exemptions from registration provided by Rule 701 and Section 4(a)(2) under\nthe Securities Exchange Act of 1933, as amended:\n\n \n\n*Issuance\nof Common or Preferred Stock – Nine Months Ended March 31, 2026*\n\n* *\n\n*During\nthe nine months ended March 31, 2026, the Company issued and sold an aggregate of 230,000 shares of Series P Preferred Stock in private\nplacement transactions exempt from registration under the Securities Act of 1933, as amended. The issuances consisted of 200,000 shares\nof Series P Preferred Stock issued in August 2025 for cash proceeds of $200,000, and 30,000 shares of Series P Preferred Stock issued\nin February 2026 for cash proceeds of $30,000.*\n\n* *\n\n*Other\nthan the Series P Preferred Stock issuances described above, the Company is not aware of any additional issuances of common stock, preferred\nstock, debt conversion shares, or other equity securities during the nine months ended March 31, 2026, subject to final reconciliation\nwith the Company’s transfer agent and accounting records.*"}