secwatch.observer — SEC 8-K summary
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Issuer:     AMERIGUARD SECURITY SERVICES, INC. (AGSS)
CIK:        0001514443
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0001829126-23-007982
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameriguard acquires TransportUS in related-party stock deal; TUS had $4.3M revenue in 2022
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- Acquired all TUS equity from CEO Lawrence Garcia for 3M shares (3.11% post-issuance); 1.5M shares issued Dec 8, 2023.
- TUS audited 2022 revenue $4.3M, net income $35,539; unaudited 9-month 2023 revenue $3.13M, net income $95,163.
- TUS sole revenue source is VA Long Beach contract (renewed to March 2024); $887K deferred liability remains.
- Related party transaction: Garcia was sole TUS shareholder and AGSS CEO; board deemed terms arm's-length.
- TUS had $523K cash, $1.34M total assets, $378K equity as of Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514443/000182912623007982/0001829126-23-007982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514443/000182912623007982/ameriguardsec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-007982

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