{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-006722","form_type":"8-K/A","ticker":"GLTK","cik":"0001938338","company_name":"GlobalTech Corp","filed_at":"2023-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.098115+00:00","generated_at":"2026-06-10T23:03:20.398452+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"GlobalTech restates 2021–2023 financials; non-reliance on prior filings due to error in common control acquisition","bullets":["Board determined Aug 31, 2023 that FY2021, FY2022, Q1 2023 and Q2 2023 financials should not be relied upon.","Error relates to correction of a common control acquisition; material weaknesses in internal controls caused misreporting.","Material weakness: inadequate staffing and supervision leading to lack of segregation of duties in accounting.","Impact on financial condition, results or cash flows not yet determined; restated filings targeted by Sep 7, 2023.","Company discussed the matter with its independent registered public accounting firm."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-006722","json":"https://secwatch.observer/filing/0001477932-23-006722.json","markdown":"https://secwatch.observer/filing/0001477932-23-006722.md","text":"https://secwatch.observer/filing/0001477932-23-006722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1938338/000147793223006722/0001477932-23-006722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1938338/000147793223006722/global_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:03:20.398452+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":"a75537884bf02b002940e2bfb7bfed0d504d380a","claim":"GlobalTech Corp reported that prior financial statements should not be relied upon.","evidence_excerpt":"l Report on Form 10-K for the years ended December 31, 2022 and 2021 and the Company's Quarterly Reports on Form 10-Q for the periods ended March 31, 2023 and June 30, 2023 (the \"Previously Issued Financial Statements\") should be restated because they contain errors as addressed in Financial Accounting Standards Board Accounting Standards Codification Topic 250, Accounting Changes and Error Corrections . Accordingly, the Previously Issued Financial Statements issued by the Company should not be relied upon. The Company intends to restate the Previously Issued Financial Statements to correct these errors by amending its Annual Report for the years ended December 31, 2022 and 2021 and its Quarterly Reports for the three months ended March 31, 2023 and six months ended June 30, 2023. The Company is restating its financial statements for the years ended December 31, 2022 and 2021 and quarter","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1938338/000147793223006722/0001477932-23-006722-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"CROWE HUSSAIN CHAUDHURY & CO. (CHARTERED ACCOUTANTS)"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}