Globaltech Corporation (OTCQB: GLTK), a U.S.-based technology platform company focused on 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, according to the company.
The board approved the committee appointments and charters by unanimous written consent effective Jan. 7, 2026, together with the company’s Code of Ethics and Clawback Policy. Globaltech said the governance structure was established ahead of its planned move to a national exchange. The company 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.
This development matters because Nasdaq listing standards require companies to maintain independently composed audit, compensation, and nominating committees, and to adopt related charters and policies. By meeting these requirements in advance, Globaltech aims to demonstrate its readiness for a national exchange, which could increase its visibility among institutional investors, improve liquidity, and potentially lower its cost of capital.
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. These actions are often taken by companies seeking to meet exchange listing price requirements and attract a broader investor base.
Globaltech Corporation 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 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.
For investors, the establishment of independent committees and the adoption of ethics and clawback policies signal a commitment to strong corporate governance. Such measures can help reduce risks related to conflicts of interest and align management incentives with shareholder interests. The planned Nasdaq uplisting, if approved, could also lead to increased analyst coverage and greater access to capital.
To view the full press release, visit https://ibn.fm/xlR6n. The latest news and updates relating to GLTK are available in the company’s newsroom at https://ibn.fm/GLTK.
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