---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-21-001841"
form_type: "8-K"
ticker: "GTCH"
cik: "0001471781"
company_name: "GBT Technologies Inc."
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T09:50:46.646765+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GBT Technologies issues $124,200 convertible note to Sixth Street; pays off $106,200 Redstart note

## Summary
- Sixth Street note: $124,200 principal for $103,500 purchase price (16.7% OID), 6% interest, matures Feb 8, 2023.
- Conversion at 85% of lowest trading price with 20-day lookback; 4.99% ownership cap applies.
- Company paid off Redstart note in full for $141,781.95 on Nov 8, 2021.
- Proceeds from Sixth Street note used for general working capital; note issued under Section 4(a)(2) exemption.
- Company grants Sixth Street right of first refusal for future offerings under $150,000 for 9 months.

## SEC filing metadata
- accession: 0001731122-21-001841
- form_type: 8-K
- ticker: GTCH
- cik: 0001471781
- company_name: GBT Technologies Inc.
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471781/000173112221001841/0001731122-21-001841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471781/000173112221001841/e3261_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-21-001841
- JSON: https://secwatch.observer/filing/0001731122-21-001841.json
- Plain text: https://secwatch.observer/filing/0001731122-21-001841.txt

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