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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): September 26, 2025 (September 22, 2025)
Global
Tech Industries Group, Inc.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
000-10210 |
|
90-1604380 |
| (State
or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
| of
incorporation) |
|
File
Number) |
|
Identification
No.) |
120
State Ave Ne, Ste 1014
Olympia,
Washington 98501
(Address
of Principal Executive Offices) (Zip Code)
(206)
963-1094
(Registrant’s
telephone number, including area code)
511
Sixth Avenue, Suite 800
New
York, New York 10011
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(c)(c)) |
Securities
registered pursuant to Section 12(b) of the Act: None.
Securities
registered pursuant to Section 12(g) of the Act:
| Title
of each Class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
| Common
Stock |
|
GTII |
|
N/A |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01 Other Events.
As
disclosed in a Current Report on Form 8-K filed October 28, 2024, on September 18, 2024, in a case styled White Rocks (BVI) Holdings
Inc., et al., v. Reichman, et al., Case No.: A-24-896359-B, Clark County, Nevada, District Court, the Court entered an Order Appointing
Receiver (the “Receivership Order”) of Global Tech Industries Group, Inc., a Nevada corporation (the “Company”).
Pursuant to the Receivership Order, Paul L. Strickland (the “Receiver”) was appointed as receiver of the Company.
On
September 22, 2025, the Receiver and four alleged creditors of the Company (collectively, the “Alleged Creditors”),
Bronx Family Eyecare, Nikolay Bitsenko, Michael Andreyev and Dr. Igor Kirzhner, filed a Stipulation and Order (the “Stipulation”).
The Stipulation extends the established September 15, 2025, creditor claims bar date (the “Bar Date”) until
November 14, 2025, only with respect to the Alleged Creditors. The Stipultation was filed, in light of the fact that the Receiver
and the Alleged Creditors have reached terms to settle the Alleged Creditors’ claims and are in the process of reducing those terms
into a written settlement agreement and releases, all of which will be subject to Court approval.
A
copy of the Stipulation is attached as Exhibit 99.1 to, and incorporated by reference in, this Current Report.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
| Exhibit
No. |
|
Description
of Exhibit |
99.1
|
|
Stipulation and Order, filed September 22, 2025
|
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL Document). |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Date:
September 26, 2025.
| |
GLOBAL
TECH INDUSTRIES GROUP, INC. |
| |
|
|
| |
By: |
/s/
Paul Strickland |
| |
|
Paul
Strickland |
| |
|
Court-Appointed
Receiver |
