GlobalTech Corp. Acquires Controlling Stake in U.K. Footwear Brand Moda in Pelle

GlobalTech Corp. (OTC: GLTK) has finalized its acquisition of a 51% controlling interest in 123 Investments Limited, which operates as the premium U.K. footwear brand Moda in Pelle. The transaction, which was completed through a combination of GlobalTech common stock and Convertible Series A Preferred Stock, represents a strategic expansion for the U.S.-based technology holding company into the consumer retail sector. This acquisition is designed to establish a new revenue stream for GlobalTech while enhancing its direct-to-consumer and e-commerce operations.

The importance of this acquisition lies in its dual strategic objectives. First, it provides GlobalTech with an established brand in the footwear market, founded in 1975, which offers immediate access to consumer retail channels. Second, and more significantly for the technology sector, the acquisition enables the planned deployment of GlobalTech's Thrivo AI platform within the Moda in Pelle ecosystem. This integration represents a concrete application of artificial intelligence in retail, potentially creating a case study for how AI can optimize operations, customer engagement, and supply chain management in traditional consumer goods industries.

For investors and the broader market, this move signals GlobalTech's commitment to diversifying its portfolio beyond pure technology services. By acquiring a controlling stake in a physical product company, GlobalTech is positioning itself to leverage its technological expertise in a tangible consumer market. The transaction details were formally documented in a Form 8-K filed on December 2, 2025, providing transparency regarding the financial structure of the deal. Additional corporate information and updates are available through the company's dedicated newsroom at https://nnw.fm/GLTK.

The implications of this acquisition extend beyond the immediate parties involved. For the retail industry, particularly in the U.K. where Moda in Pelle is based, it demonstrates how traditional brands are becoming targets for technology companies seeking to implement digital transformation strategies. For consumers, this could eventually translate into more personalized shopping experiences, improved product recommendations, and potentially more efficient operations that might affect pricing and availability. The success or failure of integrating Thrivo AI into a decades-old footwear brand will be closely watched as an indicator of how effectively AI platforms can be adapted to legacy retail operations.

This strategic move also strengthens GlobalTech's operational footprint in the United Kingdom, providing the company with a physical presence in a key European market. As detailed in the original announcement available at https://nnw.fm/ibuKc, the acquisition was structured as a controlling interest, giving GlobalTech decision-making authority over Moda in Pelle's operations and strategic direction. This level of control is crucial for implementing the technological changes and integrations that form the core rationale behind the acquisition.