SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


        Date of report (Date of earliest event reported) August 8, 2001


                            Global Technologies, Ltd.
             (Exact Name of Registrant as specified in its charter)


         Delaware                       0-25668                   86-0970492
(State or other jurisdiction          (Commission              (IRS Employer
     of incorporation)                File Number)           Identification No.)


The Belgravia, 1811 Chestnut Street, Suite 120, Philadelphia, PA      19103
         (Address of Principal Executive Offices)                  (Zip Code)


       Registrant's telephone number, including area code (215) 972-8191


          (Former Name or Former Address, if Changed Since Last Report)

                    INFORMATION TO BE INCLUDED IN THIS REPORT

ITEM 5. OTHER EVENTS

     On June 28, 2001,  Global  Technologies,  Ltd. (the  "Company") had an oral
hearing before a Nasdaq Listing  Qualifications  Panel  ("Panel")  regarding the
Company's  continued  listing on the The Nasdaq  National  Market.  The  Company
received a letter  from Nasdaq on August 7, 2001  explaining  that the Panel has
determined  to delist the  Company's  securities  from The Nasdaq  Stock  Market
effective with the open of business on August 8, 2001. The Company's  securities
are eligible to trade on the OTC Bulletin Board.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                      GLOBAL TECHNOLOGIES, LTD.


Dated: August 8, 2001                 By: /s/ Irwin L. Gross
                                          ---------------------------------
                                          Name:  Irwin L. Gross
                                          Title: Chairman and
                                                 Chief Executive Officer