{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-23-001451","form_type":"8-K","ticker":"GTCH","cik":"0001471781","company_name":"GBT Technologies Inc.","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.019136+00:00","generated_at":"2026-06-11T14:11:21.120320+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"GBT Tech patents sale to Bannix valued at up to $42.5M in Series A Preferred","bullets":["Sale of Apollo and other patents for $42.5M in Series A Preferred stock (5% of Bannix's $850M EVIE acquisition).","Closing contingent on Bannix's EVIE deal; Tokenize (50% owned by GBT) can cancel if final price < $30M.","Series A Preferred has $1,000 face, convertible at VWAP discount (min $1), 4.99% ownership cap, 6-month lock-up.","GBT Technologies provided consent; Tokenize is 50% owned by GBT."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-23-001451","json":"https://secwatch.observer/filing/0001731122-23-001451.json","markdown":"https://secwatch.observer/filing/0001731122-23-001451.md","text":"https://secwatch.observer/filing/0001731122-23-001451.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1471781/000173112223001451/0001731122-23-001451-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1471781/000173112223001451/e4930_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T14:11:21.120320+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":"2e836617edde13c8b4d5be7f923962af7df156dc","claim":"GBT Technologies Inc. entered into Patent Purchase Agreement with Bannix Acquisition Corp. valued at $42,500,000 in series A preferred stock (effective 2023-08-08).","evidence_excerpt":"On August 8, 2023, Bannix entered into a Patent Purchase Agreement (“PPA”) with GBT Tokenize Corp. (“Tokenize”), which is 50% owned by GBT, where GBT provided its consent, to acquire the entire right, title, and interest of the Patents.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1471781/000173112223001451/0001731122-23-001451-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Bannix Acquisition Corp."},{"label":"Value","value":"$42,500,000 in series A preferred stock"},{"label":"Effective","value":"2023-08-08"}],"fact_type":"material_agreement"},{"claim_id":"7a162ba71f84fe9d06c26355d7dee03405d7823d","claim":"GBT Technologies Inc. entered into Business Combination Agreement with Bannix Acquisition Corp., EVIE Autonomous Group Ltd. valued at $850,000,000 consideration (effective 2023-04-17).","evidence_excerpt":"On April 17, 2023, Bannix Acquisition Corp. (“Bannix”), EVIE Autonomous Group Ltd. (“EVIE”) and EVIE’s shareholders entered into a Business Combination Agreement pursuant to which Bannix agreed to acquire EVIE.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1471781/000173112223001451/0001731122-23-001451-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Bannix Acquisition Corp., EVIE Autonomous Group Ltd."},{"label":"Value","value":"$850,000,000 consideration"},{"label":"Effective","value":"2023-04-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}