---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-21-001423"
form_type: "8-K"
ticker: "GTCH"
cik: "0001471781"
company_name: "GBT Technologies Inc."
filed_at: "2021-08-23T23:59:59+00:00"
generated_at: "2026-06-29T08:23:12.225288+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# GBT Technologies extends convertible note with Iliad to Dec 31, 2021; principal reduced to $345,776

## Summary
- Fifth extension of $2.325M convertible note; maturity now December 31, 2021.
- Principal reduced to $345,776.40 after $1,000 extension fee applied.
- Conversion price is 80% of lowest 20-day VWAP; ownership capped at 9.99%.
- Note originally issued Feb 2019; previous extensions in Feb/Jul 2020, Feb/May 2021.

## SEC filing metadata
- accession: 0001731122-21-001423
- form_type: 8-K
- ticker: GTCH
- cik: 0001471781
- company_name: GBT Technologies Inc.
- filed_at: 2021-08-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471781/000173112221001423/0001731122-21-001423-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471781/000173112221001423/e3055_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-21-001423
- JSON: https://secwatch.observer/filing/0001731122-21-001423.json
- Plain text: https://secwatch.observer/filing/0001731122-21-001423.txt

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