{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-043934","form_type":"8-K","ticker":"TLSS","cik":"0001463208","company_name":"Transportation & Logistics Systems, Inc.","filed_at":"2026-09-23T20:30:21+00:00","discovered_at":"2026-09-23T20:32:00.334590+00:00","generated_at":"2026-09-23T20:32:33.222827+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"TLSS extends PGS acquisition closing to Oct 1; $4.75M in preferred stock","bullets":["Fourth Amendment extends closing date to Oct 1, 2026 (from Sept 16) and due diligence/financial delivery to Sept 25, 2026.","Merger consideration: $4.75M in 47,500 shares of TLSS Series J Senior Convertible Preferred Stock (stated value $100/share).","Acquisition via reverse triangular merger: 80% of PGS plus 4 C-Bond nanotechnology patents from Badcer Ops.","PGS provides window tint/film and C-Bond glass strengthening products across 50+ dealer network; Wanke retains 20% with planned employment agreement.","Closing conditions include audited 2024/2025 and unaudited Q1/Q2 2026 PGS financials by Sept 25 and landlord consent."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-043934","json":"https://secwatch.observer/filing/0001493152-26-043934.json","markdown":"https://secwatch.observer/filing/0001493152-26-043934.md","text":"https://secwatch.observer/filing/0001493152-26-043934.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463208/000149315226043934/0001493152-26-043934-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463208/000149315226043934/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-23T20:32:33.222827+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}