Curated News
By: NewsRamp Editorial Staff
December 18, 2025
GlobalTech Acquires 51% of Moda in Pelle, Boosting AI Integration in Footwear
TLDR
- GlobalTech's acquisition of Moda in Pelle provides a strategic advantage by adding a new revenue stream and expanding direct-to-consumer e-commerce capabilities.
- GlobalTech acquired a 51% controlling interest in Moda in Pelle through shares of common stock and Convertible Series A Preferred Stock, as detailed in a Form 8-K filing.
- This acquisition strengthens GlobalTech's operational footprint in the U.K. and supports deploying its Thrivo AI platform to enhance the Moda in Pelle ecosystem.
- GlobalTech, a U.S. technology holding company, acquired controlling interest in Moda in Pelle, a premium U.K. footwear brand founded in 1975.
Impact - Why it Matters
This acquisition matters because it represents a convergence of technology and traditional retail, potentially setting a precedent for how AI can transform legacy industries. For consumers, it could lead to more personalized shopping experiences and innovative products from Moda in Pelle, while investors may see enhanced value as GlobalTech diversifies its portfolio and taps into the lucrative footwear market. In the broader context, it highlights the growing trend of tech companies expanding into consumer goods, signaling shifts in market strategies and competitive landscapes that could influence future mergers and acquisitions across sectors.
Summary
GlobalTech Corporation (OTC: GLTK), a U.S.-based technology holding company specializing in AI, big data, and frontier technologies, has successfully closed a landmark acquisition deal to secure a 51% controlling interest in 123 Investments Limited, which operates as Moda in Pelle. This premium U.K. footwear brand, established in 1975, represents a strategic expansion for GlobalTech, adding a new revenue stream while enhancing the company's direct-to-consumer and e-commerce capabilities. The transaction, detailed in a Form 8-K filed on December 2, 2025, involved consideration through shares of GlobalTech common stock and Convertible Series A Preferred Stock, marking a significant move to strengthen GlobalTech's operational footprint in the United Kingdom.
The acquisition is not merely a financial investment but a calculated step to integrate GlobalTech's Thrivo AI platform into the Moda in Pelle ecosystem, aiming to revolutionize the brand's operations and customer engagement through advanced technology. This move aligns with GlobalTech's broader mission to empower companies and transform industries within the digital economy, leveraging its expertise in AI and big data to drive innovation. For more detailed information, readers can view the full press release via the provided link, which offers comprehensive insights into the transaction's specifics and strategic implications.
NetworkNewsWire (NNW), a specialized communications platform within the Dynamic Brand Portfolio of IBN, played a crucial role in disseminating this news, utilizing its extensive network for financial news distribution. NNW's capabilities include access to wire solutions through InvestorWire, article syndication to over 5,000 outlets, enhanced press release features, social media distribution via IBN, and tailored corporate communications solutions. This ensures that such significant announcements reach a wide audience of investors, influencers, and the general public, cutting through information overload to provide actionable insights. For ongoing updates on GlobalTech, stakeholders are directed to the company's newsroom, highlighting the importance of reliable information sources in today's fast-paced market environment.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, GlobalTech Acquires 51% of Moda in Pelle, Boosting AI Integration in Footwear
