GlobalTech Corporation has completed its acquisition of a 51% controlling interest in Moda in Pelle, a premium U.K. footwear brand established in 1975. The transaction, which closed on December 18, 2025, provides the U.S.-based technology holding company with a new revenue stream while expanding its direct-to-consumer and e-commerce capabilities. This strategic move strengthens GlobalTech's operational footprint in the United Kingdom and supports the planned deployment of its Thrivo AI platform within the Moda in Pelle ecosystem.
The acquisition consideration consisted of shares of GlobalTech common stock and Convertible Series A Preferred Stock, with further details available in a Form 8-K filed with the SEC on December 2, 2025. The transaction represents GlobalTech's continued expansion beyond its core technology focus into consumer-facing brands with established market presence. By integrating Moda in Pelle's premium footwear operations with GlobalTech's technological infrastructure, the company aims to create synergies that enhance both digital capabilities and traditional retail operations.
The acquisition enables GlobalTech to leverage Moda in Pelle's nearly five decades of brand heritage and market position while implementing its Thrivo AI platform to optimize various aspects of the footwear business. This integration is expected to enhance customer experience, streamline operations, and create new data-driven insights for product development and marketing. The move reflects a growing trend of technology companies acquiring established consumer brands to accelerate digital transformation and expand market reach.
Investors can access additional information about the transaction through the company's regulatory filings, including the detailed terms available in the Form 8-K. The acquisition represents a significant step in GlobalTech's strategy to diversify its portfolio and apply its technological expertise across different industry sectors. As with all corporate transactions, the company has noted that forward-looking statements involve risks and uncertainties, with detailed risk factors discussed in the company's SEC filings including the most recent Annual Report on Form 10-K available through the SEC's EDGAR system at https://www.sec.gov/edgar.shtml.
