{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-21-002207","form_type":"8-K","ticker":"GTCH","cik":"0001471781","company_name":"GBT Technologies Inc.","filed_at":"2021-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.673118+00:00","generated_at":"2026-06-27T22:06:45.114711+00:00","sec_items":["1.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"GBT Technologies settles SURG debt disputes; SURG to pay $4.2M by Jan 7, 2022","bullets":["Final Settlement Agreement dated Dec 22, 2021 resolves two lawsuits with AltCorp/Stanley over SURG APA consideration.","SURG agrees to pay $4,200,000 total to Stanley, with $3,650,000 due by Jan 7, 2022; $375,000 placed in escrow.","Escrow released to GBT if it wins a separate lawsuit (GBT Lawsuit); otherwise GBT must cover defendants' fees.","SURG acquires GBT's rights to a Master Distribution and Service Agreement (MDA) under certain conditions.","Lawsuits to be dismissed within 3 trading days after final payment; full mutual release of claims."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-21-002207","json":"https://secwatch.observer/filing/0001731122-21-002207.json","markdown":"https://secwatch.observer/filing/0001731122-21-002207.md","text":"https://secwatch.observer/filing/0001731122-21-002207.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1471781/000173112221002207/0001731122-21-002207-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1471781/000173112221002207/e3390_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T22:06:45.114711+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}