{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-042731","form_type":"8-K/A","ticker":null,"cik":"0001865697","company_name":"Genesis Growth Tech Acquisition Corp.","filed_at":"2023-05-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.371457+00:00","generated_at":"2026-06-14T16:11:46.864934+00:00","sec_items":["4.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Genesis Growth Tech restates prior financials due to cash misclassification; enters merger","bullets":["Company used sponsor's bank account instead of its own; cash balance misstated for FY2021, Q1-Q3 2022.","Restatement only affects balance sheet; no P&L or cash flow impact; expects ineffective internal controls.","Prior auditor Citrin Cooperman provided letter (Exhibit 16.1) on non-reliance.","Entered definitive merger agreement with travel tech incubator NextTrip Holdings on May 22, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-042731","json":"https://secwatch.observer/filing/0001213900-23-042731.json","markdown":"https://secwatch.observer/filing/0001213900-23-042731.md","text":"https://secwatch.observer/filing/0001213900-23-042731.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865697/000121390023042731/0001213900-23-042731-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865697/000121390023042731/ea179205-8ka1_genesis.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T16:11:46.864934+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":"f0b617fd43b36a7455bf13a07efb6c07cac30712","claim":"Genesis Growth Tech Acquisition Corp. reported that prior financial statements should not be relied upon.","evidence_excerpt":"the previously issued financial statements are no longer to be relied upon and are to be restated and corrected in order to reflect the appropriate accounting treatment","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865697/000121390023042731/0001213900-23-042731-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"}