GlobalTech Acquires Controlling Stake in U.K. Footwear Brand Moda in Pelle to Expand AI Platform Deployment

GlobalTech Corporation has completed its acquisition of a 51% controlling interest in 123 Investments Limited, which operates as the U.K. footwear brand Moda in Pelle. The transaction, finalized on December 18, 2025, is structured through shares of GlobalTech common stock and Convertible Series A Preferred Stock, as detailed in a Form 8-K filed with the SEC on December 2, 2025. This strategic move is designed to create a new revenue stream for the U.S.-based technology holding company while significantly bolstering its direct-to-consumer and e-commerce infrastructure.

The importance of this acquisition lies in its potential to accelerate the deployment of GlobalTech's Thrivo AI platform within the Moda in Pelle ecosystem. By integrating artificial intelligence into the operations of a established brand founded in 1975, GlobalTech aims to demonstrate practical applications of its technology in the retail sector. This could set a precedent for how AI transforms traditional consumer goods companies, making them more efficient and responsive to market demands. The deal also strengthens GlobalTech's operational presence in the United Kingdom, providing a strategic foothold in the European market.

For the industry, this merger signals a growing convergence between technology firms and legacy consumer brands. As companies seek to enhance digital capabilities, acquisitions like this may become more common, potentially reshaping competitive landscapes. The integration of Thrivo AI could lead to innovations in inventory management, personalized marketing, and customer service for Moda in Pelle, offering a case study for other retailers considering similar technological partnerships. Investors and stakeholders can review further details in the company's newsroom at https://ibn.fm/GLTK.

The broader implications extend to consumers and the global economy. If successful, this partnership could improve product availability and customization for footwear shoppers, while demonstrating how AI can drive growth in mature industries. However, the transaction involves inherent risks, as noted in forward-looking statements that reference factors detailed in SEC filings, such as the Annual Report on Form 10-K. These risks highlight the uncertainties in merging technology and retail, underscoring the need for careful monitoring of the integration process. Full terms and disclaimers related to this announcement are available at http://IBN.fm/Disclaimer.