{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-26-000186","form_type":"8-K","ticker":"GTCH","cik":"0001471781","company_name":"GBT Technologies Inc.","filed_at":"2026-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.142168+00:00","generated_at":"2026-05-16T04:04:36.821693+00:00","sec_items":["5.02","8.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"GBT Technologies settles $180k legal fees via convertible note; board adds Interim CEO Bertagna","bullets":["Director Mansour Khatib resigned Feb 5, 2026, no disagreement; Patrick Bertagna (Interim CEO) appointed director Feb 6, 2026.","Settled $180k in accrued legal fees by issuing convertible note maturing June 30, 2027, bearing 8% interest.","Conversion price is lower of $0.0001/share or 50% of 10-day avg of lowest closing bids, with floor $0.00001.","Beneficial ownership limitation set at 4.99% (can increase to 9.99% on 61 days' notice); prepayment requires holder consent.","All claims related to legal fees released with no admission of liability."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-26-000186","json":"https://secwatch.observer/filing/0001731122-26-000186.json","markdown":"https://secwatch.observer/filing/0001731122-26-000186.md","text":"https://secwatch.observer/filing/0001731122-26-000186.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1471781/000173112226000186/0001731122-26-000186-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1471781/000173112226000186/e7296_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:04:36.821693+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"}