Form 4: Global Acquisitions Corp: Director John Boreta Reports Significant Common Stock Acquisition
SEC Form 4 Filing
Director John Boreta reports acquiring 1,495,390 shares of Global Acquisitions Corp common stock at $0.397 per share.
Summary
- On July 3, 2024, John Boreta, a director and 10% owner of Global Acquisitions Corp, acquired 1,495,390 shares of common stock at a price of $0.397 per share.
- Following this transaction, Boreta directly owns 591,735 shares and indirectly owns 1,495,390 shares through All-American Golf Center, Inc. and 360,784 shares through Boreta Enterprises, Ltd.
- Boreta disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is simply a report of stock acquisition by a director.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The acquisition of shares by a director could be viewed positively by shareholders, signaling confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 07/03/2024 | Date of transaction: Acquisition of common stock. |
| 07/05/2024 | Date of signature on the Form 4. |
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