Global Arena Holding Restructures Capital and Election Services Business

Global Arena Holding ( (GAHC) ) has shared an update.

On February 26, 2026, Global Arena Holding and Global Election Services agreed to sell substantially all assets of their U.S. technology-enabled absentee, mail ballot and online election services business to GES Acquisition Corp. for $2.4 million in cash, assumption of certain liabilities and 2,571,428 GES Acquisition common shares. The deal is intertwined with Easterly CV VI’s $5.625 million Series A preferred equity investment in GES Acquisition, which refinances $1.92 million of prior funding and leaves Global Arena with an equity stake in the buyer while transferring operational risk, subject to shareholder approval and customary closing conditions.

The company and its affiliates terminated a prior July 1, 2025 asset purchase agreement with Easterly on February 25, 2026, clearing the way for the new structure. On February 27, 2026, Global Arena also amended the terms of its own Series A preferred stock in Delaware, tightening transfer restrictions, removing dividend participation and setting a rising stated value and delayed conversion feature, changes that reshape its capital structure and may affect existing preferred holders’ liquidity and influence.

More about Global Arena Holding

Global Arena Holding, Inc. operates in the election services and technology sector through subsidiaries including Global Election Services, Inc., focusing on technology-enabled paper absentee, mail ballot and online election services in the U.S. The company’s assets include election-related software, intellectual property, contracts and associated goodwill, positioning it as a niche provider in digitized and hybrid voting solutions.

Current Market Cap: $1,695

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