Global Tech Industries Inc logo

GTII - Global Tech Industries Inc News Story

$0.021 -0.0  -4.5%

Last Trade - 12/08/20

Sector
Industrials
Size
Micro Cap
Market Cap £3.36m
Enterprise Value £6.73m
Revenue £n/a
Position in Universe 5889th / 6403

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

Mon 22nd April, 2019 5:20pm
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 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.