secwatch.observer — SEC 8-K summary
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Issuer:     SUPA Consolidated Inc. (SFCX)
CIK:        0001624985
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001683168-25-000733
Event type: m_and_a
Sentiment:  negative
Materiality: 0.90
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tribal Rides sells all owned IP assets including two U.S. patents to Boumarang for $5M in stock
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- Sale price $5,000,000 paid as 2,906,977 shares of Boumarang Inc. common stock valued at $1.72/share.
- Assets sold include U.S. Patent Nos. 9,984,574 and 11,217,101, plus IP, trade secrets, customer lists, software, and goodwill.
- Buyer Boumarang Inc. does not assume any liabilities of Tribal Rides; transaction closed December 31, 2024.
- Tribal Rides will provide post-closing assistance to transfer patent ownership; no liens or litigation affecting assets per seller reps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624985/000168316825000733/0001683168-25-000733-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624985/000168316825000733/tribal_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000733

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer