---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-000515"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T04:26:39.101647+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Global Technologies dismisses Fruci & Associates, appoints Olayinka Oyebola as new auditor

## Summary
- Dismissed Fruci & Associates II, PLLC as auditor effective January 2, 2024; Board approved.
- Appointed Olayinka Oyebola & Co. as new independent auditor effective same date.
- Prior audit reports for fiscal 2022 and 2023 were qualified for going concern but had no adverse opinions.
- No disagreements or reportable events occurred with Fruci during the past two fiscal years or interim period.
- Fruci provided a letter to SEC confirming agreement with the company's statements in the 8-K.

## SEC filing metadata
- accession: 0001493152-24-000515
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000149315224000515/0001493152-24-000515-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000149315224000515/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-000515
- JSON: https://secwatch.observer/filing/0001493152-24-000515.json
- Plain text: https://secwatch.observer/filing/0001493152-24-000515.txt

## Key facts
- Auditor Changes
  GLOBAL TECHNOLOGIES LTD dismissed Fruci & Associates II, PLLC as its auditor.
  - Action: dismissal
  - Auditor: Fruci & Associates II, PLLC
  source text: On January 2, 2024, Global Technologies, Ltd (the “Company”) dismissed Fruci & Associates II, PLLC (“Fruci”) as the Company’s independent registered accounting firm, effective January 2, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932021/000149315224000515/0001493152-24-000515-index.htm
- Auditor Changes
  GLOBAL TECHNOLOGIES LTD engaged Olayinka Oyebola & Co. as its auditor.
  - Action: engagement
  - Auditor: Olayinka Oyebola & Co.
  source text: On January 2, 2024, the Company appointed Olayinka Oyebola & Co. as its new independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932021/000149315224000515/0001493152-24-000515-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.