secwatch.observer — SEC 8-K summary
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Issuer:     TransparentBusiness, Inc. (—)
CIK:        0001740742
Form:       8-K
Filed at:   2026-06-18T21:16:58+00:00
Accession:  0001829126-26-006693
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TransparentBusiness swaps 13.1B UNCN tokens for $2.34B in PH and PNG real estate
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- Signed asset swap agreements June 9, 15, 17, 2026 with Philippine and Papua New Guinea property sellers.
- Aggregate estimated asset value of $2,337,024,150; company to issue 13,093,529,174 UNCN tokens.
- Vesting: 20% of tokens at public launch (Sept 28, 2026), then 5% monthly.
- Philippine law requires 60% domestic ownership; company's Philippine entity will hold title.
- Seller and property identities redacted; several appraisals pending update by July 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740742/000182912626006693/0001829126-26-006693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740742/000182912626006693/transparentbusiness_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-006693

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