Home/Filings/8-K/0001477932-26-000300
8-K//Current report

Global Asset Management Group, Inc. 8-K

Accession 0001477932-26-000300

$GAMGCIK 0000055234operating

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 3:33 PM ET

Size

228.0 KB

Accession

0001477932-26-000300

Research Summary

AI-generated summary of this filing

Updated

Global Asset Management Group Enters Placement Agent Deal, Adds Advisory Board

What Happened
Global Asset Management Group, Inc. (GAMG) filed an 8-K reporting that on January 15, 2026 it entered a non-exclusive Placement Agent Agreement with Alpine Securities Corporation to assist in a proposed common stock offering, and on the same date its Board authorized the creation of a Board of Advisors and adopted an Advisors Charter (press release furnished January 21, 2026). Alpine was retained on a six-month, non‑exclusive, best‑efforts basis and no fiduciary relationship was created.

Key Details

  • Agreement date and term: Placement Agent Agreement with Alpine dated January 15, 2026 for six months.
  • Placement fees: Alpine will receive a cash fee equal to 5% of gross proceeds from sales through an Agent Source.
  • Warrant consideration: Alpine will receive warrants equal to 10% of the dollar amount raised in the offering, exercisable for three years at a strike price equal to 120% of the closing bid on the closing date.
  • Retainer: Company will pay a non‑refundable retainer of $100,000 in restricted common shares valued at $0.20 per share (deemed vested and fully earned as of the agreement date).
  • Other: Alpine may provide additional advisory services if requested (e.g., assistance on business combination terms, presentations to the Board, communications, and listing efforts). The Company will pay offering-related expenses; Alpine pays its internal costs.

Why It Matters
This filing signals GAMG is preparing to raise capital using a placement agent and is formalizing external advisory support. For investors, the cash fee, warrants and the $100,000 share retainer represent explicit costs and potential future dilution if the offering occurs. The Advisory Board may strengthen strategic oversight as the company pursues growth and capital‑markets activities, but the filing does not set the offering price, size or timing — those will be determined later through negotiations with prospective investors.