Transportation & Logistics Systems, Inc. Files 8-K
Ticker: TLSS · Form: 8-K · Filed: Aug 16, 2024 · CIK: 1463208
| Field | Detail |
|---|---|
| Company | Transportation & Logistics Systems, Inc. (TLSS) |
| Form Type | 8-K |
| Filed Date | Aug 16, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 7 min |
| Key Dollar Amounts | $150,000, $400,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing, corporate-actions
Related Tickers: TLSS
TL;DR
Transpo & Logistics Sys (TLSS) filed an 8-K on Aug 12 for a material agreement. Watch for details.
AI Summary
On August 12, 2024, Transportation & Logistics Systems, Inc. entered into a material definitive agreement. The company also reported other events and filed financial statements and exhibits. The filing details the company's incorporation in Nevada and its business address in Jupiter, Florida.
Why It Matters
This 8-K filing indicates a significant event or agreement for Transportation & Logistics Systems, Inc., which could impact its operations and future financial performance.
Risk Assessment
Risk Level: medium — 8-K filings often signal material events, but the specific nature of the agreement is not detailed here, requiring further investigation.
Key Numbers
- 001-34970 — Commission File Number (Identifies the company's SEC filing history.)
- 26-3106763 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Transportation & Logistics Systems, Inc. (company) — Registrant
- August 12, 2024 (date) — Date of Earliest Event Reported
- Nevada (jurisdiction) — State of Incorporation
- Jupiter, Florida (location) — Business Address
- PETROTERRA CORP. (company) — Former Company Name
- LORAN CONNECTION CORP (company) — Former Company Name
FAQ
What is the nature of the material definitive agreement entered into by Transportation & Logistics Systems, Inc. on August 12, 2024?
The filing does not specify the details of the material definitive agreement, only that one was entered into on August 12, 2024.
What other events are reported in this 8-K filing?
The filing indicates 'Other Events' were reported, but the specifics are not detailed in the provided text.
When was Transportation & Logistics Systems, Inc. incorporated?
The company was incorporated in Nevada.
What were the former names of Transportation & Logistics Systems, Inc.?
The company was formerly known as PETROTERRA CORP. and LORAN CONNECTION CORP.
What is the business address of Transportation & Logistics Systems, Inc.?
The business address is 5500 Military Trail, Suite 22-357, Jupiter, Florida 33458.
Filing Stats: 1,628 words · 7 min read · ~5 pages · Grade level 17.2 · Accepted 2024-08-16 09:00:10
Key Financial Figures
- $150,000 — issory notes in the aggregate amount of $150,000, with interest at the rate of 10% per a
- $400,000 — ear subsequent to the Termination Date ($400,000 . 00 ). Item 9.01 Financial Statement
Filing Documents
- form8-k.htm (8-K) — 49KB
- ex10-1.htm (EX-10.1) — 37KB
- ex10-2.htm (EX-10.2) — 34KB
- ex10-3.htm (EX-10.3) — 35KB
- 0001493152-24-032755.txt ( ) — 345KB
- tlss-20240812.xsd (EX-101.SCH) — 3KB
- tlss-20240812_lab.xml (EX-101.LAB) — 33KB
- tlss-20240812_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Letter of Agreement, dated August 12, 2024, between the Company and Mercer Street Global Opportunity Fund and Cavalry Fund I LP 10.2 Promissory Note dated August 12, 2024, between the Company, as borrower, and Mercer Street Global Opportunity Fund, as lender. 10.3 Promissory Note dated August 12, 2024, between the Company, as borrower, and Cavalry Fund I Management, LLC, as lender. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. Dated: August 16, 2024 TRANSPORTATION AND LOGISTICS SYSTEMS, INC. By: /s/ Sebastian Giordano Name: Sebastian Giordano