GlobalTech Corp 8-K

What Happened

• GlobalTech Corporation (GLTK) filed an 8‑K reporting two material items: its independent auditor, Saeed Kamran & Co., resigned effective December 17, 2025, and the company appointed Shahid Ahmed Khan to its Board of Directors effective January 7, 2026. Saeed Kamran’s audit reports for the years ended December 31, 2024 and 2023 did not include adverse opinions or disclaimers and were not otherwise qualified, but they did disclose an uncertainty about the Company’s ability to continue as a going concern. The company requested, and included, a letter from Saeed Kamran to the SEC dated January 12, 2026.

Key Details

• Auditor resignation: Saeed Kamran & Co. resigned effective December 17, 2025.
• Audit reports (years ended Dec 31, 2024 and 2023): no adverse or modified opinions, but included a going‑concern uncertainty.
• No disagreements or reportable events with the auditor during the audit periods or through Dec 17, 2025, other than the going‑concern disclosure.
• Board appointment: Shahid Ahmed Khan appointed January 7, 2026; designated independent under Nasdaq rules and assigned to the Compensation Committee and the Nominating and Corporate Governance Committee. Mr. Khan (age 69) is a principal at Tricon Boston Consulting Corporation since 2002 and serves on the Board of Trustees at East‑West University since 2022.

Why It Matters

• Auditor changes and a going‑concern disclosure are material items investors track because they relate to financial reporting quality and the company’s near‑term viability. The resignation itself did not accompany any auditor disagreement, which reduces the likelihood of an immediate accounting dispute, but investors should watch for the identity and report of the successor auditor and any future modifications to audit opinions.
• The board appointment adds an independent director with international trade and development experience, which may affect governance and oversight. There are no related‑party issues disclosed with this appointment, and non‑executive director pay is unchanged.
• Action for investors: monitor upcoming filings for the successor auditor engagement, any updates to the going‑concern assessment, and future disclosures about audit findings or changes to governance.