Stemtech Corporation entered into a merger agreement to acquire Globe Net Wireless Corp. (OTCPK:GNTW.D) for approximately $110 million in a reverse merger transaction on August 19, 2021. Under the terms of the merger agreement, the Shareholders of Stemtech received a right to receive an aggregate of 37,060,000 shares of Globe Net Wireless (GNTWD) common, representing 85% stake of GNTWD. Due to the Merger Agreement with Globe Net Wireless Corp., the name of the Corporation shall be changed to Stemtech Corporation. As part of this transaction, Stemtech Corporation, a Delaware corporation, shall redomicile to Nevada and be merged into GNTWD. As part of the merger the following changes to the Company's directors and officers have occurred: Kirk R. Reed resigned as the sole member of the Company's Board of Directors and as the Company's President, Chief Executive Officer, Secretary, Treasurer, Principal Financial and Accounting Officer effective August 19th, 2021; as of August 19th, 2021, Charles S. Arnold was appointed as the Company's Director and Chief Executive Officer, John W. Meyer was appointed as the Company's Chief Operating Officer, James S. Cardwell was appointed as the Company's Chief Financial Officer. The Closing shall take place on August 19, 2021 by close of business. The Merger shall be complete upon the signing of this Agreement. The transaction has been approved by Globe Net Wireless Corp. and Stemtech via its Board Resolution to that effect.

Stemtech Corporation completed the acquisition Globe Net Wireless Corp. (OTCPK:GNTW.D) in a reverse merger transaction on August 19, 2021.