Brief: Global Tech Industries Group Enters Into Agreement With First Capital Master Advisor, GCA Equity Partners For Acquisition Of Multi-Million Dollar Real Estate Portfolio

Global Tech Industries

22/04/2019 17:20

April 22 (Reuters) - Global Tech Industries Group Inc
 GTII.PK :
    * GLOBAL TECH INDUSTRIES GROUP (GTII) ENTERS INTO AGREEMENT
WITH
FIRST CAPITAL MASTER ADVISOR AND GCA EQUITY PARTNERS FOR
ACQUISITION OF MULTI-MILLION DOLLAR REAL ESTATE PORTFOLIO
    * GLOBAL TECH INDUSTRIES GROUP INC -  PORTFOLIO OF REAL
ESTATE
PROPERTIES TO HAVE AT CLOSING AN ESTIMATED ENTERPRISE VALUE OF
APPROXIMATELY $450 MILLION
    * GLOBAL TECH INDUSTRIES GROUP INC - AGREED TO ISSUE SHARES
OF ITS
STOCK, NEWLY AUTHORIZED PREFERRED STOCK TO SELLER IN
CONSIDERATION FOR ASSETS.
    * GLOBAL TECH INDUSTRIES GROUP INC - WILL LIKELY FILE A
NOTICE OF
CORPORATE ACTION WITH FINRA AFTER CLOSING TO CHANGE ITS NAME AND
TRADING SYMBOL
    * GLOBAL TECH INDUSTRIES GROUP INC - WILL LIKELY FILE A
NOTICE TO
PREPARE TO UPLIST TO A MAJOR STOCK EXCHANGE
    * GLOBAL TECH INDUSTRIES GROUP INC - ANTICIPATED CLOSING
DATE OF
ASSET CONTRIBUTIONS IS MAY 15, 2019

Source text for Eikon:  ID:nGNX7KRPXc 
Further company coverage:  GTII.PK 

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