secwatch.observer — SEC 8-K summary
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Issuer:     TransparentBusiness, Inc. (—)
CIK:        0001740742
Form:       8-K
Filed at:   2026-06-10T12:21:40+00:00
Accession:  0001829126-26-006289
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TransparentBusiness swaps $1.58B real estate for 8.85B Unicoin tokens; launch Sep 28, 2026
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- Aggregate estimated asset value of $1.58 billion in Philippines and Papua New Guinea swapped for 8,851,480,172 UNCN tokens.
- Vesting: 20% of tokens unlock on public launch date (Sep 28, 2026); 5% each month thereafter via smart contract.
- Due to Philippine law, 60% of land must be Philippine-owned; legal ownership held by company's affiliated Philippine entity.
- Sellers and specific asset details redacted as confidential; company treats information as not material.
- Agreement requires sellers to deliver executed Deeds of Absolute Sale and transfer documents at closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740742/000182912626006289/0001829126-26-006289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740742/000182912626006289/transparentbusiness_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-006289

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