---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-039903"
form_type: "8-K"
ticker: "TLSS"
cik: "0001463208"
company_name: "Transportation & Logistics Systems, Inc."
filed_at: "2026-08-24T21:18:44+00:00"
generated_at: "2026-08-24T21:20:40.396819+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TLSS extends PGS acquisition closing date to Sept 16, 2026

## Summary
- Third Amendment executed Aug 19, 2026; outside closing date extended to Sept 16, 2026 from Aug 19.
- Due diligence, PGS financial statement, and full access deadlines moved to Aug 25, 2026.
- Consideration unchanged: $4.75M in 47,500 TLSS Series J Preferred Shares ($100 stated value).
- Acquisition targets 80% PGS interest plus 4 C-Bond nanotechnology patents; Wanke retains 20%.
- Deal requires audited PGS 2024/2025 financials and Q1-Q2 2026 unaudited financials by Aug 25.

## SEC filing metadata
- accession: 0001493152-26-039903
- form_type: 8-K
- ticker: TLSS
- cik: 0001463208
- company_name: Transportation & Logistics Systems, Inc.
- filed_at: 2026-08-24T21:18:44+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463208/000149315226039903/0001493152-26-039903-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463208/000149315226039903/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-039903
- JSON: https://secwatch.observer/filing/0001493152-26-039903.json
- Plain text: https://secwatch.observer/filing/0001493152-26-039903.txt

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