---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-017245"
form_type: "8-K"
ticker: null
cik: "0001530163"
company_name: "Samsara Luggage, Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:44:44.030373+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Samsara Luggage acquires seven emergency-response companies from majority owner for Series B shares

## Summary
- Acquired Firebug, Georgia Fire, BCD Fire, Bull Head, E-Raptor, TVC, and ASSS from ILUS (71.1% owner pre-deal).
- Consideration: 350,000 restricted Series B shares (convertible to 350M common) plus milestone payments up to $10M based on revenue targets.
- ILUS ownership increases to 89.1% of voting rights post-transaction; transaction is related-party without customary reps/warranties.
- Targets: $20M revenue by end of 2024 and $32M by end of 2025 trigger additional milestone payments.
- Financial statements of acquired companies will be filed within 71 days via amendment.

## SEC filing metadata
- accession: 0001213900-24-017245
- form_type: 8-K
- cik: 0001530163
- company_name: Samsara Luggage, Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530163/000121390024017245/0001213900-24-017245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530163/000121390024017245/ea0200601-8k_samsara.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-017245
- JSON: https://secwatch.observer/filing/0001213900-24-017245.json
- Plain text: https://secwatch.observer/filing/0001213900-24-017245.txt

## Key facts
- M&A Transactions
  Samsara Luggage, Inc. completed an acquisition involving Ilustrato Pictures International, Inc. for 350,000 restricted shares of Series B stock (closed 2024-02-23).
  - Action: acquisition
  - Counterparty: Ilustrato Pictures International, Inc.
  - Consideration: 350,000 restricted shares of Series B stock
  - Closing: 2024-02-23
  source text: by ILUS as the Emergency Response Technologies “ERT. The consideration for the sale of the equity interests in the foregoing companies was paid by the Company by issuing to ILUS 350,000 restricted shares of Series B stock (the “Shares”) and further milestone payment/s should applicable performance targets referenced in Exhibit B be achieved. As a result, ILUS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530163/000121390024017245/0001213900-24-017245-index.htm
- Material Agreements
  Samsara Luggage, Inc. entered into Stock Purchase Agreement with Ilustrato Pictures International, Inc. valued at 350,000 restricted shares of Series B stock (effective 2024-02-23).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Ilustrato Pictures International, Inc.
  - Value: 350,000 restricted shares of Series B stock
  - Effective: 2024-02-23
  source text: On February 23, 2024, Samsara Luggage, Inc., a Nevada corporation (the “Company”), entered into a Stock Purchase Agreement (the “SPA”) with Ilustrato Pictures International, Inc., a Nevada corporation (“ILUS”) which owns 71.1% of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530163/000121390024017245/0001213900-24-017245-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.