Nowtransit Inc. Files Q1 2023 10-Q Report

TL;DR

**NOWTRANSIT INC. (NTI) FILED ITS 10-Q FOR FEB 28, 2023. CHECK FINANCIALS.**

AI Summary

Nowtransit Inc. filed its 10-Q for the quarterly period ended February 28, 2023. The company, incorporated in Nevada, operates in computer processing and data preparation services. Its principal executive offices are located in Salt Lake City, Utah.

Why It Matters

This filing provides investors with a quarterly update on Nowtransit Inc.'s financial performance and operational status, crucial for understanding the company's trajectory.

Risk Assessment

Risk Level: low — This is a routine quarterly filing (10-Q) and does not appear to contain any immediate red flags or significant negative news.

Key Players & Entities

• Nowtransit Inc. (company) — Registrant
• February 28, 2023 (date) — Quarterly period end date
• Nevada (location) — State of incorporation
• 7374 (number) — Standard Industrial Classification Code
• Salt Lake City, UT (location) — Principal executive offices location
• (801) 810-6209 (phone_number) — Registrant's telephone number

FAQ

From the Filing

0001185185-24-000542.txt : 20240517 0001185185-24-000542.hdr.sgml : 20240517 20240517151420 ACCESSION NUMBER: 0001185185-24-000542 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 36 CONFORMED PERIOD OF REPORT: 20230228 FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nowtransit Inc CENTRAL INDEX KEY: 0001784440 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-234487 FILM NUMBER: 24959203 BUSINESS ADDRESS: STREET 1: 2722 S WEST TEMPLE CITY: SALT LAKE CITY STATE: UT ZIP: 84115 BUSINESS PHONE: 801-382-7806 MAIL ADDRESS: STREET 1: 2722 S WEST TEMPLE CITY: SALT LAKE CITY STATE: UT ZIP: 84115 10-Q 1 nowtransit20230228_10q.htm FORM 10-Q nowtransit20230228_10q.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 10-Q     Mark One ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   For the quarterly period ended February 28, 2023   ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   For the transition period from ______ to _______   Commission File No. 333-234487   NOWTRANSIT INC. (Exact name of registrant as specified in its charter)   Nevada (State or Other Jurisdiction of Incorporation or Organization) 7374 (Primary Standard Industrial Classification Number) 98-1498782 (IRS Employer Identification Number)   2825 East Cottonwood Parkway Suite 500 - #5130 Salt Lake City , UT 84121 (Address of principal executive offices)   Registrant’s telephone number, including area code: (801) 810-6209   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered None None None   Securities registered pursuant to Section 12(g) of the Act: Common stock, par value $0.0001   Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐ No ☒   Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐   Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definition of "large accelerated filer," "accelerated filer," "smaller reporting company," and “emerging growth company” in Rule 12b-2 of the Exchange Act.   Large accelerated filer ☐ Accelerated Filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ 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. ☒   Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐   Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the practicable date:   Class Outstanding as of May 13, 2024 Common Stock: $0.0001 par value 5,461,5