TraQiQ reincorporates in Nevada, changes name to Titan Environmental Solutions Inc., ticker to TESI

Titan Environmental Solutions Inc.

Effective Jan 10, 2024, TraQiQ merged into Titan Environmental Solutions Inc., a Nevada corporation, with Titan surviving.
Common shares convert 1:1; Series C Preferred converts to Series A Preferred; warrants assumed by Titan.
Authorized capital increased to 400M common shares and 25M blank-check preferred; 2023 Equity Incentive Plan adopted.
Board authorized a reverse stock split of up to 1-for-50 at any time within one year; authorized shares may be reduced accordingly.
Trading symbol changes from TRIQ to TESI; CUSIP is 88829H 106; first trading expected Jan 12, 2024.

item 1.01 item 5.02 item 3.03 item 5.03 item 7.01 item 9.01

Executive movements

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Role change

Glen Miller

President

Titan Environmental Solutions Inc.

Filed: January 11, 2024, 6:59 PM ET

Glen Miller was appointed as the President of Titan in addition to his roles as Chairman and Chief Executive Officer

Role change

Michael Jansen

Treasurer

Titan Environmental Solutions Inc.

Filed: January 11, 2024, 6:59 PM ET

Michael Jansen was appointed as the Treasurer of Titan in addition to his roles as Chief Financial Officer and Secretary

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Glen Miller was appointed as President at Titan Environmental Solutions Inc..

Action: appointed
Role: President

Exact text from the filing

Glen Miller was appointed as the President of Titan in addition to his roles as Chairman and Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Jansen was appointed as Treasurer at Titan Environmental Solutions Inc..

Action: appointed
Role: Treasurer

Exact text from the filing

Michael Jansen was appointed as the Treasurer of Titan in addition to his roles as Chief Financial Officer and Secretary

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.4

Titan Environmental Solutions Inc. reported a fiscal year change.

Change: fiscal year change

Exact text from the filing

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. The information included in Item 1.01 hereof is incorporated by reference herein in its entirety.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Titan Environmental Solutions Inc. entered into "Merger Agreement" with TraQiQ, Inc. (effective 2024-01-09).

Action: entry
Agreement: merger
Counterparty: TraQiQ, Inc.
Effective: 2024-01-09

Exact text from the filing

Pursuant to an Amended and Restated Agreement and Plan of Merger, dated as of January 9, 2024 (the “Merger Agreement”), by and between TraQiQ, Inc., a California corporation (“TRIQ”), and Titan Environmental Solutions Inc., a Nevada corporation and wholly-owned subsidiary of TRIQ (“Titan”), effective as of January 10, 2024 at 11:59 p.m. eastern time, TRIQ merged with and into Titan, with Titan being the surviving entity (the “Reincorporation Merger”).

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Source: SEC EDGAR

accession 0001493152-24-002011

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