DLT Resolution Inc. Terminates Material Agreement
Ticker: DLTI · Form: 8-K · Filed: Sep 2, 2025 · CIK: 1420368
| Field | Detail |
|---|---|
| Company | Dlt Resolution Inc. (DLTI) |
| Form Type | 8-K |
| Filed Date | Sep 2, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement-termination, filing, financials
Related Tickers: DLTI
TL;DR
DLTI terminated a major deal, filing 8-K on 4/14/25.
AI Summary
DLT Resolution Inc. filed an 8-K on April 14, 2025, to report the termination of a material definitive agreement. The filing also includes financial statements and exhibits. The company, formerly known as Hemcare Health Services Inc., is incorporated in Nevada.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future business prospects.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement often signals significant business challenges or strategic shifts that could affect the company's stability.
Key Players & Entities
- DLT Resolution Inc. (company) — Registrant
- Hemcare Health Services Inc. (company) — Former company name
- April 14, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
FAQ
What was the specific material definitive agreement that DLT Resolution Inc. terminated?
The filing does not specify the exact nature or counterparty of the terminated material definitive agreement.
When was the termination of the material definitive agreement effective?
The filing reports the event as of April 14, 2025, indicating this is the earliest event reported.
What are the reasons cited for the termination of the agreement?
The provided text does not detail the reasons for the termination of the material definitive agreement.
What financial statements and exhibits are included with this 8-K filing?
The filing indicates that financial statements and exhibits are included, but their specific content is not detailed in the provided text.
Has DLT Resolution Inc. undergone any previous name changes?
Yes, DLT Resolution Inc. was formerly known as Hemcare Health Services Inc. (name change effective April 14, 2015), NSU Resources Inc. (name change effective May 8, 2014), and Bio-Carbon Solutions International Inc. (name change effective March 11, 2011).
Filing Stats: 626 words · 3 min read · ~2 pages · Grade level 14.7 · Accepted 2025-09-02 16:16:42
Filing Documents
- dlti_8k.htm (8-K) — 22KB
- dlti_ex101.htm (EX-10.1) — 3KB
- dlti_ex102.htm (EX-10.2) — 35KB
- dlti_ex101img4.jpg (GRAPHIC) — 37KB
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- 0001477932-25-006466.txt ( ) — 14755KB
- dlti-20250414.xsd (EX-101.SCH) — 5KB
- dlti-20250414_lab.xml (EX-101.LAB) — 13KB
- dlti-20250414_cal.xml (EX-101.CAL) — 1KB
- dlti-20250414_pre.xml (EX-101.PRE) — 8KB
- dlti-20250414_def.xml (EX-101.DEF) — 2KB
- dlti_8k_htm.xml (XML) — 3KB
02 – Termination of a Material Definitive Agreement
Item 1.02 – Termination of a Material Definitive Agreement On April 14, 2025, DLT Resolution Inc. ("DLT" or the "Company") entered into a Termination and Rescission Agreement (the "Termination Agreement") with Global Motor Trade International LLC, WEC International LLC, SJ Auto Trade LLC, Global Motor Trade LLC (collectively, the "LLCs"), and Charles Bronfman and Abdul Matin Moosa (collectively, the "Sellers"), to terminate and rescind the Share Purchase Agreement by and between DLT and the Sellers dated March 11, 2024 ("SPA"). Pursuant to the Termination Agreement, the LLCs remain under the Sellers' ownership, and no interest is deemed to have transferred to DLT. The Sellers agreed to return all 6,013,000 shares of DLT Common Stock issued under the SPA. DLT and the Seller have mutually released each other from all claims, liabilities, or obligations related to the SPA, (Share Purchase Agreement). The foregoing description of the Termination Agreement is a summary and is qualified in its entirety by reference to the full text of the agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits Exhibit No. Description 10.1 Termination and Rescission Agreement, dated April 14, 2025, by and among DLT Resolution Inc., Global Motor Trade International LLC, WEC International LLC, SJ Auto Trade LLC, Global Motor Trade LLC, Charles Bronfman, and Abdul Matin Moosa. 10.2 Share Purchase Agreement - Share for Share Exchange (Incorporated by reference to the Form 8-K, previously filed with the SEC on March 19, 2024) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Forward Looking Statements
Forward Looking Statements This Current Report on Form 8-K contains forward looking statements and are indicated by words such as "shall", "will" and other similar words or phrases. Actual events or results may differ materially from those described herein. Such forward-looking statements are subject to a number of risks and uncertainties that could cause the actual results or performance of the Company to differ materially from those described herein, including, but not limited to, the impact of the economic environment on the Company's customer base and the resulting uncertainties; changes in technology and market requirements; decline in demand for the Company's products; inability to timely develop and introduce new software, services and applications; difficulties or delays in absorbing and integrating acquired operations, technologies and personnel; loss of market share; pressure on resulting from competition; and inability to maintain certain marketing and distribution arrangements. 2 Signature(s) Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. DLT Resolution Inc. Date: September 2, 2025 By: /s/ Drew Reid Name: Drew Reid Title: President and Chief Executive Officer 3