GLOBAL TECH A : Private Placement - Form 8-K

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On November 17, 2023, the Company entered into a Securities Purchase Agreement (the "Agreement") with Jetco Holdings, LLC (the "Purchaser"). Under the terms of the Agreement, the Purchaser acquired six shares of the Company's Series L Preferred Stock for the purchase price of $30,000. The transaction closed on November 21, 2023.

The foregoing provides only a brief description of the material terms of the Securities Purchase Agreement and does not purport to be a complete description of the rights and obligations of the parties thereunder, and such description is qualified in its entirety by reference to the full text of the document filed as an exhibit to this Current Report on Form 8-K, and is incorporated herein by reference.