Tribal Rides International Corp. Files 8-K
Ticker: SFCX · Form: 8-K · Filed: Feb 6, 2025 · CIK: 1624985
| Field | Detail |
|---|---|
| Company | Tribal Rides International Corp. (SFCX) |
| Form Type | 8-K |
| Filed Date | Feb 6, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-action
TL;DR
Tribal Rides (TRIC) filed an 8-K on Feb 6, 2025, covering material agreements and equity sales.
AI Summary
Tribal Rides International Corp. (formerly XINDA INTERNATIONAL CORP.) filed an 8-K on February 6, 2025, reporting on material definitive agreements, unregistered sales of equity securities, and financial statements. The company, incorporated in Nevada, is based in Mission Viejo, CA.
Why It Matters
This 8-K filing indicates significant corporate actions and financial reporting by Tribal Rides International Corp., which could impact investors' understanding of the company's current status and future prospects.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can carry inherent risks and require careful investor due diligence.
Key Players & Entities
- Tribal Rides International Corp. (company) — Registrant
- XINDA INTERNATIONAL CORP. (company) — Former company name
- February 06, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- Mission Viejo, CA (location) — Business address city and state
FAQ
What specific material definitive agreements were entered into by Tribal Rides International Corp. on or around February 6, 2025?
The filing indicates an 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in the provided text.
What were the details of the unregistered sales of equity securities reported in this 8-K?
The filing lists 'Unregistered Sales of Equity Securities' as an item information, but the specifics of these sales, including the number of shares and price, are not detailed in the provided text.
What is the significance of the company's former name, XINDA INTERNATIONAL CORP.?
XINDA INTERNATIONAL CORP. was the previous name of Tribal Rides International Corp., indicating a corporate name change.
When did Tribal Rides International Corp. change its name from XINDA INTERNATIONAL CORP.?
The provided text does not specify the date of the name change from XINDA INTERNATIONAL CORP. to Tribal Rides International Corp.
What is the business address of Tribal Rides International Corp.?
The business address is 25108 MARGUERITE PARKWAY, SUITE A-450, MISSION VIEJO, CA 92692.
Filing Stats: 603 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2025-02-06 14:23:04
Filing Documents
- tribal_8k.htm (8-K) — 28KB
- tribal_ex1001.htm (EX-10.1) — 118KB
- 0001683168-25-000774.txt ( ) — 330KB
- xnda-20250206.xsd (EX-101.SCH) — 3KB
- xnda-20250206_lab.xml (EX-101.LAB) — 33KB
- xnda-20250206_pre.xml (EX-101.PRE) — 22KB
- tribal_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive
Item 1.01 Entry into a Material Definitive Agreement. On February 06, 2025, TRIBAL RIDES INTERNATIONAL CORP., 26060 Acero, Mission Viejo, CA, 92691, a Nevada Corporation (the "Company"), entered into a Share Exchange Agreement (the "Agreement") with Singta Industries Inc., a Delaware Corporation ("Target" or "SINGTA"). According to the Agreement, a 100.00% of the 50,000,000 issued and outstanding shares of capital stock of the Target shall be acquired by the Company in exchange for 400,000,000 newly issued "restricted" common shares of the Company to be issued to SINGTA's selling shareholders and which shall represent the complete consideration paid under this Agreement for the 100% acquisition of Target (the "Consideration").
02 Unregistered Sales of Equity
Item 3.02 Unregistered Sales of Equity Securities. The disclosure under Item 1.01 in this report on Form 8-K is incorporated by reference herein. The Securities were issued without registration under the Securities Act based upon the private offering exemption provided under Section 4(a)(2) and/or Regulation S promulgated thereunder. No general solicitation or general advertising was used in connection with the issuance of the Securities. The foregoing description of the Agreement and the Acquisition is not complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which will be filed with the Company's Annual Report on Form 10-K for the fiscal year ending December 31, 2024.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10. 1 Share Exchange Agreement dated February 6, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES 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. Tribal Rides International Corp. Date: February 06, 2025 By: /s/ Joseph Grimes Joseph Grimes, Chief Executive Officer 3