---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-004664"
form_type: "8-K"
ticker: null
cik: "0001661039"
company_name: "TPT GLOBAL TECH, INC."
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:18:41.586908+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TPT Global Tech restates Q3 2023 financials; $1.226M balance sheet error

## Summary
- Non-reliance on previously issued unaudited Q3 2023 financial statements due to errors.
- Restatement will decrease Total Assets and Mezzanine Equity by $1,226,000 each.
- Error discovered in land acquisition agreement canceled on April 12, 2024 due to undisclosed mortgage.
- Amended Q3 2023 10-Q expected to be filed on or before April 19, 2024.
- Management concludes disclosure controls ineffective due to lack of personnel and outside directors.

## SEC filing metadata
- accession: 0001654954-24-004664
- form_type: 8-K
- cik: 0001661039
- company_name: TPT GLOBAL TECH, INC.
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1661039/000165495424004664/0001654954-24-004664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1661039/000165495424004664/tptw_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-004664
- JSON: https://secwatch.observer/filing/0001654954-24-004664.json
- Plain text: https://secwatch.observer/filing/0001654954-24-004664.txt

## Key facts
- Auditor Changes
  TPT GLOBAL TECH, INC. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Sadler, Gibb & Associates, LLC
  source text: On April 5, 2024, the Board of Directors of TPT Global Tech, Inc. (the “Company”), in consultation with management and Sadler, Gibb & Associates, LLC, (“Sadler/Gibb”), the Company's independent registered public accounting firm, concluded that the Company's previously issued unaudited condensed consolidated financial statements contained within the Quarterly Reports on Form 10-Q for the quarterly period September 30, 2023 should no longer be relied upon due to errors in such financial statements, and therefore a restatement of this prior financial statement is required.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1661039/000165495424004664/0001654954-24-004664-index.htm

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