---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-019510"
form_type: "8-K"
ticker: "TLSS"
cik: "0001463208"
company_name: "Transportation & Logistics Systems, Inc."
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:38:26.724029+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TLSS exchanges 20K Series G preferred and $47K dividends for 2,468 Series J shares; settles $16K liabilities

## Summary
- Exchanged 20,000 Series G preferred shares (4.92% of total) and $46,802 in accrued dividends for 2,468 Series J shares.
- Settled $16,000 in liabilities by issuing 160 Series J shares; parties released from future claims.
- Series J shares issued under Section 3(a)(9) (Exchange) and Section 4(a)(2) (Settlement) exemptions.
- Original warrants associated with exchanged preferred shares were cancelled.

## SEC filing metadata
- accession: 0001641172-25-019510
- form_type: 8-K
- ticker: TLSS
- cik: 0001463208
- company_name: Transportation & Logistics Systems, Inc.
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463208/000164117225019510/0001641172-25-019510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463208/000164117225019510/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-019510
- JSON: https://secwatch.observer/filing/0001641172-25-019510.json
- Plain text: https://secwatch.observer/filing/0001641172-25-019510.txt

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