GBT Technologies enters $10M equity financing agreement with GHS Investments; shares sold at 90% of VWAP

GBT Technologies Inc.

Up to $10M of common stock to be sold to GHS Investments LLC over 24 months via at-the-money puts.
Purchase price set at 90% of the lowest daily VWAP during the 10 consecutive trading days before each put notice.
Minimum put of $10K, maximum $500K per put; puts limited to every 10 trading days.
GHS ownership capped at 4.99% of outstanding common stock at any time.
Company will file registration statement covering resale of shares within specified time.

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