Globaltek Ventures: auditor resignation and custodian appointment

What happened Globaltek Ventures filed an 8-K reporting that its independent registered public accounting firm, Bansal, resigned effective immediately, and that Jacob Sherman was appointed as custodian of the company on Oct 12, 2026. The filing says Bansal delivered a letter to the company on Aug 20, 2026 and furnished that letter to the SEC Office of the Chief Accountant on Aug 26, 2026.

Key details

• Bansal’s report dated Apr 14, 2026 on the company’s consolidated financial statements for the fiscal years ended Dec 31, 2025 and Dec 31, 2024 contained no adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles.
• Bansal’s report dated Mar 31, 2025 on the company’s consolidated financial statements for the fiscal years ended Dec 31, 2024 and Dec 31, 2023 likewise contained no adverse opinion or disclaimer of opinion and was not qualified or modified.
• The filing states that, on and as of Aug 11, 2026, the company had no directors or officers or a custodian, and that Jacob Sherman was appointed as custodian on Oct 12, 2026.
• The filing describes Jacob Sherman as a business executive with more than 15 years of experience, having led a $500,000,000 national P&L and directly managed teams of up to 16 professionals, and sets out his experience in retail operations, supply chain, finance and related areas.

Why it may matter

• Item 4.01 reports a change in the registrant’s certifying accountant (Bansal’s resignation).
• Item 4.02 reports non-reliance on previously issued financial statements and describes Bansal’s communications about its prior audit reports.
• Item 5.02 reports departure of directors or certain officers and the appointment of a custodian (Jacob Sherman).
• Item 7.01 reports Regulation FD disclosure regarding Bansal’s letter and its submission to the SEC.
  The filing does not show why the company acted.