{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-042239","form_type":"8-K/A","ticker":null,"cik":"0001865697","company_name":"Genesis Growth Tech Acquisition Corp.","filed_at":"2023-05-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.371256+00:00","generated_at":"2026-06-14T17:32:00.069451+00:00","sec_items":["4.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Genesis Growth Tech enters merger with NextTrip; restates prior financials due to cash error","bullets":["Non-reliance on FY2021 and Q1-Q3 2022 financials; cash was held in sponsor's account, not company's.","Restatement expected to have no impact on P&L or cash flows; internal controls deemed ineffective.","Definitive merger agreement with NextTrip Holdings, a travel tech incubator; expected close H2 2023.","NextTrip has 6M+ legacy customer database and generated $400M in bookings in 2019.","Transaction subject to shareholder and regulatory approvals; combined entity to list on Nasdaq as NextTrip Holdings."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-042239","json":"https://secwatch.observer/filing/0001213900-23-042239.json","markdown":"https://secwatch.observer/filing/0001213900-23-042239.md","text":"https://secwatch.observer/filing/0001213900-23-042239.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865697/000121390023042239/0001213900-23-042239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865697/000121390023042239/ea179118-8ka1_genesis.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T17:32:00.069451+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4a5dea060ef8d49ac3a49facee67e2f7d01881a6","claim":"Genesis Growth Tech Acquisition Corp. reported that prior financial statements should not be relied upon.","evidence_excerpt":"as a result of the inaccuracy, the previously issued financial statements are no longer to be relied upon and are to be restated and corrected","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865697/000121390023042239/0001213900-23-042239-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}