{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-015205","form_type":"8-K","ticker":null,"cik":"0001661039","company_name":"TPT GLOBAL TECH, INC.","filed_at":"2024-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.141550+00:00","generated_at":"2026-05-29T07:18:33.351533+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"TPT Global Tech restates 2023-2024 financials; derivative liability error triggers non-reliance","bullets":["Board, with auditor Sadler/Gibb, determines prior 10-Q for Sep 30, 2023, Mar 31, 2024, Jun 30, 2024 and 10-K for Dec 31, 2023 are unreliable.","Restatement adjusts total liabilities by $0.8M-$0.9M per period and increases net loss YTD by $826K for Sep 30, 2023 and $763K for Dec 31, 2023.","Derivative liability of $821,555 from modification of Michael Murphy debt conversion agreement was omitted; now recognized as derivative expense.","Stockholders' deficit increases by $826K–$811K across restated periods.","Company expects to file amended reports by December 25, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-015205","json":"https://secwatch.observer/filing/0001654954-24-015205.json","markdown":"https://secwatch.observer/filing/0001654954-24-015205.md","text":"https://secwatch.observer/filing/0001654954-24-015205.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1661039/000165495424015205/0001654954-24-015205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1661039/000165495424015205/tptw_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T07:18:33.351533+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":"045682279dd86f222498eb94d2a6f55bdcc50b3e","claim":"TPT GLOBAL TECH, INC. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On December 4, 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 periods September 30, 2023, March 31, 2024 and June 30, 2024 and the Annual Report on Form 10-K for the year ended December 31, 2023 should no longer be relied upon due to errors in such financial statements, and therefore a restatement of these prior financial statements is required.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1661039/000165495424015205/0001654954-24-015205-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Sadler, Gibb & Associates, LLC"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}