---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-22-001572"
form_type: "8-K"
ticker: "GTCH"
cik: "0001471781"
company_name: "GBT Technologies Inc."
filed_at: "2022-09-14T23:59:59+00:00"
generated_at: "2026-06-23T09:41:42.033682+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GBT Technologies enters into $116,200 promissory note with 1800 Diagonal Lending at 12% interest

## Summary
- Net proceeds of $103,750 after $12,450 original issue discount; total payback $130,144.
- Note bears 12% annual interest plus one-time 12% interest charge; ten monthly payments of $13,014.40.
- Conversion only upon default at 75% of lowest trading price with 10-day lookback.
- Issued to accredited investor under Section 4(a)(2); proceeds for general working capital.
- Maturity September 9, 2023; note is unsecured and non-convertible except in default.

## SEC filing metadata
- accession: 0001731122-22-001572
- form_type: 8-K
- ticker: GTCH
- cik: 0001471781
- company_name: GBT Technologies Inc.
- filed_at: 2022-09-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471781/000173112222001572/0001731122-22-001572-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471781/000173112222001572/e4057_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-22-001572
- JSON: https://secwatch.observer/filing/0001731122-22-001572.json
- Plain text: https://secwatch.observer/filing/0001731122-22-001572.txt

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