Syed Babar Ali Reports 59.87% Beneficial Ownership in GlobalTech Corp via Voting Agreement

On May 8, 2026, Syed Babar Ali filed a Schedule 13D reporting a significant beneficial ownership stake in GlobalTech Corp (GLTK). The reporting person now beneficially owns 93,403,156 shares of Common Stock, representing 59.87% of the class. This position includes 88,463,156 shares held directly and an additional 4,940,000 shares over which he shares voting power via a Voting Agreement effective November 25, 2025. Under this agreement, shareholders Stephen Buck and John Patrick Bywater granted Syed Babar Ali and Muhammad Azhar Saeed an irrevocable proxy to vote their securities. These securities include 750,000 shares of Common Stock and 4,190,000 shares issuable upon the conversion of Series A Convertible Preferred Stock. The reporting person acquired these rights for investment purposes and may adjust his holdings based on market conditions. This filing follows a previous Schedule 13G filing and reflects a transition to Schedule 13D due to the influence gained through the voting arrangement and total ownership level.