Tribal Rides (XNDA) acquires Singta in reverse merger; issues 400M shares for 100% of Singta

SUPA Consolidated Inc.

On Feb 6, 2025, Tribal Rides entered a Share Exchange Agreement to acquire 100% of Singta Industries Inc. for 400M restricted common shares, representing full consideration.
Singta shareholders receive 400M newly issued shares; Singta becomes a wholly owned subsidiary of Tribal Rides.
The 400M shares are restricted for at least 12 months after the Form 10 Information filing with the SEC.
Pre-closing, Tribal Rides had about 39.9M shares outstanding; after issuance, Singta shareholders will hold roughly 91% of the combined entity.

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