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Global Compliance Applications acquires 100% of Global People's Trust, issuing 38M shares as payment.

Company Fundamentals
29 May 2026
Newsfile Corp
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Bullish
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Global Compliance Applications Corp. has completed the acquisition of a 100% interest in Global People's Trust LP and its management company by issuing 38 million common shares to the seller at a price of $0.015 per share. The shares are subject to a hold period until at least mid-September 2026, pending regulatory filings. This acquisition expands GCAC's fintech capabilities, supporting its vision to develop a global financial network and a Fintech Super Wallet leveraging blockchain and machine learning technologies. The move aligns with GCAC's strategy to enhance its technology offerings in regulated industries and global financial services.

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