{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-016288","form_type":"8-K","ticker":"TLSS","cik":"0001463208","company_name":"Transportation & Logistics Systems, Inc.","filed_at":"2025-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.371072+00:00","generated_at":"2026-05-18T22:23:35.634739+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Transportation & Logistics exchanges most preferred stock and settles $583K liabilities for new Series J preferred","bullets":["Exchanged 21,418 Series E shares (100% outstanding) and 274,000 Series G shares (59%) for 37,840 Series J preferred shares.","Canceled warrants for 178,000,000 common shares as part of the exchange; accrued dividends of $761,213.42 also converted.","Settled $583,199.84 in liabilities and canceled warrants for 151,785,715 common shares in exchange for 5,864 Series J preferred shares.","Series J preferred issued under exemptions from registration (Sections 3(a)(9) and 4(a)(2) of Securities Act)."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-016288","json":"https://secwatch.observer/filing/0001641172-25-016288.json","markdown":"https://secwatch.observer/filing/0001641172-25-016288.md","text":"https://secwatch.observer/filing/0001641172-25-016288.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463208/000164117225016288/0001641172-25-016288-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463208/000164117225016288/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T22:23:35.634739+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"}