---
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"
generated_at: "2026-05-18T09:04:30.942193+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "medium"
source: SEC EDGAR
---

# TLSS exchanges warrants, settles $422.74 of liabilities for Series J Preferred

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: medium
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-018200
- JSON: https://secwatch.observer/filing/0001641172-25-018200.json
- Plain text: https://secwatch.observer/filing/0001641172-25-018200.txt

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