Globaltech Confirms Three Independent Board Committees Ahead of Nasdaq Review
The OTCQB-listed company named committee members and said its Nasdaq Capital Market application remains under review.
Key takeaways
- Globaltech confirmed the membership of three standing Board committees.
- The company said its Nasdaq Capital Market listing application is under review.
Globaltech Corporation confirmed the membership of three standing Board committees as it pursues a Nasdaq listing. The company said each committee is made up of directors the Board has determined to be independent under Nasdaq rules.
The Audit Committee is chaired by Mehdi Al Abduwani, whom the Board designated as its financial expert. Charles J. Bartolotta chairs the Compensation Committee, and James A. Gibbons chairs the Nominating and Corporate Governance Committee.
The Board approved the committee appointments and charters on Jan. 7, 2026, according to the company. Globaltech said the charters follow Nasdaq Capital Market independence and composition standards.
The company’s application to list on the Nasdaq Capital Market is under review. Any listing is subject to Nasdaq’s review, applicable listing requirements and approval, Globaltech said.
This article was produced with the help of AI technology. Source: Yahoo Finance
