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Global Entertainment Holdings Signs Binding Agreement with PYX Wallets in First Transaction Since Court-Supervised Restoration

$GBHLPress releaseOct 21, 2026, 8:30 AM ETRead the release

GBHL signed a binding letter of intent on October 16, 2026 for PYX Wallets to acquire voting control and contribute its titanium smart-wallet business, with the change of control targeted on or before October 30. PYX would become the control person and appoint GBHL's officers and directors; the parties plan audited financials and an SEC registration statement within 90 days of closing, after which additional capital may be raised. This is GBHL's first strategic transaction since a Nevada court custodianship rebuilt the abandoned company; shareholders ratified the cleanup in September 2026 and cancelled 3.7 billion shares.

Key figures

Lo I signed
October 16, 2026
Shares cancelled
3702000000
Change of control deadline
October 30, 2026
Gain on barred liabilities
$494,000
Total liabilities dec 2025
$856,000
Total liabilities sep 2026
$384,000
Registration statement deadline days
90

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