0001493152-22-014429.txt : 20220712 0001493152-22-014429.hdr.sgml : 20220712 20220519102010 ACCESSION NUMBER: 0001493152-22-014429 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220519 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GLOBAL TECHNOLOGIES LTD CENTRAL INDEX KEY: 0000932021 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 860970492 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 501 1ST AVENUE STREET 2: SUITE 901 CITY: ST. PETERSBURG STATE: FL ZIP: 33701 BUSINESS PHONE: 727-482-1505 MAIL ADDRESS: STREET 1: 501 1ST AVENUE STREET 2: SUITE 901 CITY: ST. PETERSBURG STATE: FL ZIP: 33701 CORRESP 1 filename1.htm

 

GLOBAL TECHNOLOGIES, LTD.

501 1st Ave. N, Suite 901

St. Petersburg, FL 33701

(727) 482-1505

 

May 19, 2022

 

SECURITIES AND EXCHANGE COMMISSION

Division of Corporate Finance

Office of Manufacturing

100 F Street, N.E.

Washington, DC 20549

 

Re: Global Technologies, Ltd.
  Preliminary Information Statement on Schedule 14C
  Filed March 22, 2022
  File No. 000-25668

 

Dear Mr. Chinos:

 

On behalf of the Company, this letter sets forth the responses of the Company to the comments of the Staff (the “Staff”) of the U.S. Securities and Exchange Commission (the “SEC”) contained in your letter dated April 6, 2022 (the “Comment Letter”) regarding the Staff’s review of the Company’s Preliminary Information Statement on Schedule 14C submitted March 22, 2022 (File No. 000-25668) (the “Filing”). The Company’s responses set forth below correspond to the comments as numbered in the Comment Letter.

 

Preliminary Information Statement on Schedule 14C filed March 22, 2022

 

General

 

  1. It appears that the actions taken by written consent on March 21, 2022 are related to your share exchange agreement with Tersus Power, Inc. Therefore, please revise your information statement to provide the information required by Items 11, 13, and 14 of Schedule 14A. Alternatively, please provide a detailed legal analysis explaining why you believe you are not required to provide some or all of this information. Please refer to Note A of Schedule 14A.
     
    Response: In response to the Staff’s comments, the Company has included the information required by Items 11, 13 and 14 of Schedule 14A within its Information Statement on Form 14C (PREM14C) as filed with the SEC on May 10, 2022.
     
  2. Since this filing relates to a contemplated merger, please disclose the considerations taken into account for filing under Form PREM14C.
     
    Response: In response to the Staff’s comments, the Company elected to file its Information Statement on form PREM14C, which was filed with the SEC on May 10, 2022.

 

The Company respectfully believes that the proposed modifications to the Information Statement, and the supplemental information contained herein, are responsive to the Staff’s comments. If you have any questions or would like further information concerning the Company’s responses to your Comment Letter, please do not hesitate to contact me at (727) 482-1505.

 

  Sincerely yours,
   
  /s/ Jimmy Wayne Anderson
  Jimmy Wayne Anderson
  President
  Global Technologies, Ltd.