Global Compliance Applications Corp. to Acquire Global People’s Trust LP
Vancouver, British Columbia, Canada — March 9, 2026 — Leads & Copy —
Global Compliance Applications Corp. (GCAC) (CSE: APP, FSE: 2FA, OTCQB: FUAPF) has entered into a Share Purchase Agreement to acquire a 100% interest in Global People’s Trust LP and Global People’s Trust (Management) Limited, collectively known as “People’s Trust,” a registered New Zealand Financial Services Provider.
The agreement, referred to as the “Definitive Agreement,” involves GCAC issuing 38,000,000 common shares to the seller, Darrence Hugh Christian, at a deemed price of $0.015 per share. These shares will be subject to a four-month hold period after the acquisition is finalized.
People’s Trust, identified as GLOBAL PEOPLE’S TRUST LP (FSP1002811) (NZBN:9429050290505) (GPT), is a New Zealand registered Financial Service Provider (FSP). The FSP activities in the New Zealand FSP Register include “Keeping, investing, administering, or managing money, securities, or investment portfolios on behalf of other persons.” The FSP maintains custody accounts in Euro and USD and has been operating for four years with no debts or liabilities.
The acquisition is subject to customary closing conditions, and there is no guarantee that it will be completed as planned or at all.
GCAC CEO Ryan Gibson stated that acquiring a New Zealand FSP aligns with the company’s strategy to establish a global network of financial service businesses that connect directly to the Efixii software and Super Wallet. This network aims to facilitate onboarding, offboarding, cross-border payments, remittance, and the delivery of incentive-based digital assets on GCAC’s Ethereum Layer 2 infrastructure. Gibson described it as a significant step in commercializing GCAC software and its transactional business model, creating a turnkey system akin to Stripe, Apple Pay, and VISA, driven by incentive-based coupons and in-app communications.
Global Compliance Applications specializes in wallet technology, compliance, onboarding, and data integrity solutions for regulated industries. Its Efixii platform uses blockchain and machine-learning to support secure and scalable business operations, fast transaction processing, end-user communications, and loyalty programs. The company provides blockchain offerings to various agricultural industries through a SaaS licensing model. GCAC’s new CEO envisions developing a global financial network and Fintech Super Wallet for deployment globally and integration into other communities and technologies.
Source: Global Compliance Applications Corp.
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