secwatch.observer — SEC 8-K summary
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Issuer:     Transportation & Logistics Systems, Inc. (TLSS)
CIK:        0001463208
Form:       8-K
Filed at:   2026-07-10T20:30:32+00:00
Accession:  0001493152-26-032853
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TLSS amends PGS acquisition agreement, extends closing date to August 4, 2026
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- Second Amendment extends financials/schedule delivery to July 15, 2026; full access to July 24, 2026; outside closing to August 4, 2026.
- Merger consideration unchanged: $4.75M in 47,500 shares of TLSS Series J Preferred Stock for 80% of PGS and four nanotechnology patents.
- Remaining 20% of PGS held by Michael Wanke, who will enter employment agreement with PGS as condition to closing.
- PGS provides window tint and glass strengthening solutions using C-Bond technology; operates nationwide dealer network of over 50 dealers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1463208/000149315226032853/0001493152-26-032853-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1463208/000149315226032853/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-032853

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