secwatch.observer — SEC 8-K summary
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Issuer:     SUPA Consolidated Inc. (SFCX)
CIK:        0001624985
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001683168-25-000774
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624985/000168316825000774/0001683168-25-000774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624985/000168316825000774/tribal_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000774

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