---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-024837"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2025-08-19T23:59:59+00:00"
generated_at: "2026-05-17T11:42:21.719152+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Global Technologies dismisses auditor Olayinka; prior reports had going concern doubt

## Summary
- Dismissed Olayinka Oyebola & Co. as independent auditor on Aug 15, 2025, approved by board.
- No disagreements or reportable events during FY2025 or subsequent interim period.
- Auditor's FY2024 reports included explanatory paragraph about substantial doubt as going concern.
- Company is evaluating replacement PCAOB-registered independent accounting firm.

## SEC filing metadata
- accession: 0001641172-25-024837
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2025-08-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000164117225024837/0001641172-25-024837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000164117225024837/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-024837
- JSON: https://secwatch.observer/filing/0001641172-25-024837.json
- Plain text: https://secwatch.observer/filing/0001641172-25-024837.txt

## Key facts
- Auditor Changes
  GLOBAL TECHNOLOGIES LTD dismissed Olayinka Oyebola & Co. as its auditor.
  - Action: dismissal
  - Auditor: Olayinka Oyebola & Co.
  source text: (a) Dismissal of Independent Registered Public Accounting Firm (i) On August 15, 2025, the Company ended the engagement of Olayinka Oyebola & Co. (“ Olayinka ”) as GTLL’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932021/000164117225024837/0001641172-25-024837-index.htm

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