secwatch.observer — SEC 8-K summary
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Issuer:     Transglobal Management Group, Inc. (TMGI)
CIK:        0001434601
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001683168-26-000406
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marquie Group amends GetGolf.com deal; excludes Mountain Brook Golf Course, reduces scale
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- Mountain Brook Golf Course removed from transaction due to inability to obtain acceptable third-party financing.
- Total purchase consideration remains $500,000: $180,000 initial + $12,500/mo for 12 months to Marc Angell, plus $12,500/mo to Jacquie Angell for promissory note.
- Seller payments recharacterized as purchase price consideration rather than compensation for services.
- Closing expected 4 days after signing; Control Shares (200 Series A Preferred) transferred to GetGolf.com designees.
- Music of Your Life, Inc. divested back to Sellers; Angell Family Trust shares returned to treasury.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434601/000168316826000406/0001683168-26-000406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434601/000168316826000406/tmgi_i8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-000406

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