secwatch.observer — SEC 8-K summary
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Issuer:     Transglobal Management Group, Inc. (TMGI)
CIK:        0001434601
Form:       8-K
Filed at:   2022-09-22T23:59:59+00:00
Accession:  0001712543-22-000119
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The Marquie Group acquires 25% of SIMPLY WHIM for 666M shares and $2M note
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- Acquired 25% of SIMPLY WHIM, a skin care product development company, on Sept 20, 2022.
- Consideration: 666,666,668 shares of TMGI common stock plus a $2M promissory note.
- Shares issued to SIMPLY WHIM shareholders as unregistered securities under Rule 4(2) exemption.
- Transaction completed on the same day as the agreement, September 20, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434601/000171254322000119/0001712543-22-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434601/000171254322000119/f8k_tmgi09212022.htm
  HTML page:      https://secwatch.observer/filing/0001712543-22-000119

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