{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-018200","form_type":"8-K","ticker":"TLSS","cik":"0001463208","company_name":"Transportation & Logistics Systems, Inc.","filed_at":"2025-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.033750+00:00","generated_at":"2026-05-18T09:04:30.942193+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"medium","headline":"TLSS exchanges warrants, settles $422.74 of liabilities for Series J Preferred","bullets":["Exchange agreement: holder trades warrants for up to 10M common shares for 9 shares of Series J Preferred Stock.","Settlement agreement: creditor cancels $422.74 in liabilities and 17.86M share warrants in exchange for 4 Series J Preferred shares.","Both issuances are unregistered, relying on Sections 3(a)(9) and 4(a)(2) of the Securities Act.","Settlement conditioned on at least 50% of Series E and G Preferred having been exchanged for Series J, now satisfied."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-018200","json":"https://secwatch.observer/filing/0001641172-25-018200.json","markdown":"https://secwatch.observer/filing/0001641172-25-018200.md","text":"https://secwatch.observer/filing/0001641172-25-018200.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1463208/000164117225018200/0001641172-25-018200-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1463208/000164117225018200/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:04:30.942193+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"}