UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934
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Section 5 – Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective on April 10, 2026, GBT Technologies, Inc. (the “Company”), appointed Minh Collins as President of Cube X Media Corporation and entered into an Executive Employment Agreement (the “Agreement”) with him. Cube X Media Corporation is a wholly-owned subsidiary of the Company. The initial term of the Agreement is 12 months; compensation is $10,000 per month, payable, on the first day of each month, in cash or shares of the Company’s common stock (valued at $.00005) or a combination of the two methods of payment, in each case as determined by the Company’s Board of Directors; and standard benefits for persons at the executive level. The Agreement is terminable (i) upon Mr. Collins’ death, (ii) his voluntary resignation, or (iii) by the Company for “cause,” which is defined as (a) committing or participating in an injurious act of fraud, gross neglect, misrepresentation, embezzlement or dishonesty against the Company; (b) committing or participating in any other injurious act or omission wantonly, willfully, recklessly or in a manner which was grossly negligent against the Company (monetarily or otherwise); (c) engaging in a criminal enterprise involving moral turpitude; (d) conviction of an act or acts constituting a felony under the laws of the United States or any state thereof, (e) Mr. Collins’ failure to substantially perform his material duties hereunder or to substantially comply with any other material provision of the Agreement, (f) a willful act by Mr. Colins as a result of which he knowingly receives an improper material personal benefit at the expense of the Company, (g) any other willful misconduct by Mr. Collins that is materially injurious to the business or business reputation of the Company, or (h) any other circumstance which constitutes “cause” under applicable law. During the term of the Agreement, Mr. Collins may not individually or in conjunction with others, directly or indirectly engage in the business of developing, producing, marketing or selling products or rendering services of the kind or type developed or being developed, produced, marketed, sold or rendered by the Company. The Agreement also contains a non-disclosure clause in favor of the Company and an indemnification clause in favor of Mr. Collins. The description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.
A copy of the related press release is furnished as Exhibit 99.1 to this report.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number |
Description | |
| 10.1 | Executive Employment Agreement with Ming Collins | |
| 99.1 | Press Release, dated April 16, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| GBT TECHNOLOGIES INC. | ||
| By: | /s/ Patrick Bertagna | |
| Name: | Patrick Bertagna | |
| Title: | Interim Chief Executive Office & Director | |
| Date: April 16, 2026 | ||