<SEC-DOCUMENT>0001654954-20-006114.txt : 20200529
<SEC-HEADER>0001654954-20-006114.hdr.sgml : 20200529
<ACCEPTANCE-DATETIME>20200529161537
ACCESSION NUMBER:		0001654954-20-006114
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200529
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20200529
DATE AS OF CHANGE:		20200529

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GT Biopharma, Inc.
		CENTRAL INDEX KEY:			0000109657
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				941620407
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08092
		FILM NUMBER:		20927957

	BUSINESS ADDRESS:	
		STREET 1:		310 N. WESTLAKE BLVD.
		STREET 2:		SUITE 206
		CITY:			WESTLAKE VILLAGE
		STATE:			CA
		ZIP:			91362
		BUSINESS PHONE:		(800) 304-9888

	MAIL ADDRESS:	
		STREET 1:		310 N. WESTLAKE BLVD.
		STREET 2:		SUITE 206
		CITY:			WESTLAKE VILLAGE
		STATE:			CA
		ZIP:			91362

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OXIS INTERNATIONAL INC
		DATE OF NAME CHANGE:	19940916

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DDI PHARMACEUTICALS INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DIAGNOSTIC DATA INC /DE/
		DATE OF NAME CHANGE:	19850312
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>gtbp_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
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UNITED STATES</font></div>
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SECURITIES AND EXCHANGE COMMISSION</font></div>
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Washington, D.C. 20549</font></div>
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FORM 8-K</font></div>
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CURRENT REPORT</font></div>
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Pursuant to Section 13 or 15(d) of the</font></div>
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Securities Exchange Act of 1934</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Date of
Report (Date of earliest event reported): May 29, 2020</font></div>
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<font style="text-decoration: underline; font-weight: bold; font-family: Times New Roman; font-size: 13px">
GT Biopharma, Inc.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Exact
name of registrant as specified in its charter)</font></div>
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Delaware</font></div>
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or other jurisdiction of incorporation or
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000-08092</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Commission
File Number)</font></div>
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94-1620407</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(IRS
Employer Identification No.)</font></div>
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9350 Wilshire Blvd. Suite 203</font></div>
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<font style="font-weight: bold; color: #000000; font-family: Times New Roman; font-size: 13px">
Beverly Hills, CA 90212</font></div>
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Phone: (800) 304-9888</font></div>
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of</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">registrant&#x2019;s
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N/A</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Former
name, former address and former fiscal year, if changed since last
report)</font></div>
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&#x2610;</font> Pre-commencement communications pursuant to Rule
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<font style="font-family: Times New Roman; font-size: 13px">Securities
registered pursuant to Section 12(b) of the Act:</font></div>
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Name of exchangeon which registered</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (&#xA7;230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (&#xA7;240.12b-2 of this chapter).</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Emerging
growth company&#xA0;&#xA0;&#xA0; &#x2610;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">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.&#xA0;&#xA0;&#xA0;
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</font></div>
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<font style="color: #000000; font-weight: bold; font-family: Times New Roman; font-size: 13px">
<font style="color: #000000">Item 7.01.</font></font></div>
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Regulation FD Disclosure.</font></div>
</div>
</div>
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<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
On May 29, 2020, GT Biopharma, Inc. (the &#x201C;Company&#x201D;)
announced that it was in the process of negotiating standstill and
forbearance agreements (collectively, the &#x201C;Forbearance
Agreements&#x201D;) with the holders of $13.2 million aggregate
principal amount of the Company&#x2019;s outstanding convertible
notes and debentures (collectively, the &#x201C;Default
Notes&#x201D;) which are currently in default as previously
disclosed. In connection with the Forbearance Agreements, the
Company has requested that the holders of the Default Notes forbear
from exercising their rights and remedies under the Default Notes
(including declaring such Default Notes (together with any default
amounts and accrued and unpaid interest) immediately due and
payable) for a specified period of time and/or until certain
milestones are reached.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
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<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The Company also expects the Forbearance Agreements will contain
other covenants and representations of the Company and the holders
of the Default Notes, including an agreement that the Default Notes
(together with any default amounts and accrued and unpaid interest)
will be converted into the Company&#x2019;s common stock upon the
closing of a subsequent capital raise meeting certain requirements
as to the size of the transaction and concurrent listing of the
Company&#x2019;s common stock on a national securities exchange. The
Forbearance Agreements will only become effective upon the
Company&#x2019;s entry into such an agreement with holders of each
of the Default Notes, though there can be no assurance that the
Company will be successful in doing so on the terms described
above, or at all.</font></div>
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<font style="color: #000000; font-family: Times New Roman; font-size: 13px">
The information in this Form 8-K shall not be deemed
&#x201C;filed&#x201D; for purposes of Section 18 of the Securities
Exchange Act of 1934, nor shall it be deemed incorporated by
reference in any filing under the Securities Act of 1933, except as
shall be expressly set forth by specific reference in such
filing.</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
SIGNATURE PAGE</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Pursuant
to the requirement of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.</font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
GT Biopharma, Inc.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Dated:
May 29, 2020</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">/s/
Steven Weldon</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Steven
Weldon</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Chief
Financial Officer</font></div>
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