GLOBAL ACQUISITIONS Corp
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 14, 2024
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal quarter ended September 30, 2024
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM _____________ TO _____________
Commission File Number000-24970
GLOBAL ACQUISITIONS CORPORATION
(Exact name of registrant as specified in its charter)
| Nevada | 88-0203976 |
|---|---|
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. Employer Identification No.) |
| 6730 South Las Vegas BoulevardLas Vegas, Nevada | 89119 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code:(702) 317-7302
Securities registered pursuant to Section 12(b) of the Act:None.
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ]
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes [X] No [ ]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | [ ] | Accelerated filer | [ ] |
|---|---|---|---|
| Non-accelerated filer | [X] | Smaller reporting company | [X] |
| Emerging growth | [ ] | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act. Yes [X] No [ ]
State the number of shares of the issuer’s common stock outstanding, as of the latest practicable date:9,785,056 shares of common stock are issued and outstanding as of November 13, 2024.
TABLE OF CONTENTS
| CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION. | 1 | |
|---|---|---|
| PART I – FINANCIAL INFORMATION. | 2 | |
| Item 1. | Financial Statements. | 2 |
| Condensed Balance Sheets. | 2 | |
| Condensed Statements of Operations. | 3 | |
| Condensed Statements of Changes in Stockholders’ Deficit | 4 | |
| Condensed Statements of Cash Flows. | 5 | |
| Notes to Condensed Financial Statements. | 6 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations. | 12 |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk. | 18 |
| Item 4. | Controls and Procedures. | 18 |
| PART II – OTHER INFORMATION. | 19 | |
| Item 1. | Legal Proceedings. | 19 |
| Item 1A. | Risk Factors. | 19 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds. | 27 |
| Item 3. | Defaults Upon Senior Securities. | 28 |
| Item 4. | Mine Safety Disclosures. | 28 |
| Item 5. | Other Information. | 28 |
| Item 6. | Exhibits. | 29 |
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