{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-23-000592","form_type":"8-K","ticker":"GTCH","cik":"0001471781","company_name":"GBT Technologies Inc.","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.963588+00:00","generated_at":"2026-06-17T05:49:28.628894+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"GBT Technologies sells Avant-Ai system to Trend Innovation for 26M shares; includes Nasdaq up-list condition","bullets":["GBT Tokenize Corp (50% owned by GBT) sells Avant-Ai text-generation AI system to Trend Innovation Holdings (TREN) for 26,000,000 common shares of TREN.","Shares subject to 9-month lock-up; if TREN fails to up-list to Nasdaq within lock-up, Seller may request unwinding of the transaction.","GBT and Seller receive perpetual, non-exclusive, non-transferable license to use Avant-Ai as an in-house tool; no sublicensing to customers.","Transaction structured as tax-free reorganization under Section 368 of the Internal Revenue Code."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-23-000592","json":"https://secwatch.observer/filing/0001731122-23-000592.json","markdown":"https://secwatch.observer/filing/0001731122-23-000592.md","text":"https://secwatch.observer/filing/0001731122-23-000592.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1471781/000173112223000592/0001731122-23-000592-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1471781/000173112223000592/e4574_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T05:49:28.628894+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":[{"claim_id":"c5352d78cff46551a9ec41cad805c16da40a1e40","claim":"GBT Technologies Inc. entered into Asset Purchase Agreement with Trend Innovation Holdings, Inc. valued at 26,000,000 common shares of TREN (effective 2023-04-03).","evidence_excerpt":"On April 3, 2023, GBT Tokenize Corp. (“Seller”), a subsidiary that is owned 50% by GBT Technologies, Inc (“GBT”) entered into an Asset Purchase Agreement (“APA”) with Trend Innovation Holdings, Inc. ( “TREN”), in which GBT consented, pursuant to which Seller sold certain assets relating to proprietary system and method named Avant-Ai, which is a text-generation, deep learning self-training model (the “System”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1471781/000173112223000592/0001731122-23-000592-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Trend Innovation Holdings, Inc."},{"label":"Value","value":"26,000,000 common shares of TREN"},{"label":"Effective","value":"2023-04-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}