Source-grounded facts extracted from Transportation & Logistics Systems, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Transportation & Logistics Systems, Inc. incurred loan of $100,000 with C/M Capital Master Fund, LP at 10% per annum maturing six months following the issuance date.
“On April 24, 2026, Transportation and Logistics Systems, Inc. (the “ Company ”, “ we ”, “ us ” or “ our ”) entered into an unsecured non-convertible promissory note (the “ Note ”) in the principal amount of $100,000, with interest at the rate of 10% per annum accruing and due at maturity six months following the issuance date”
Transportation & Logistics Systems, Inc. entered into Member Interest and Asset Exchange Agreement with Badcer Ops, Inc., Jeff Badders, Mercer Street Global Opportunity Fund, LLC, Patriot Glass Solutions, LLC, and Michael Wanke valued at $4,750,000 (effective 2026-04-01).
“Transportation and Logistics Systems, Inc. (OTC OID: TLSS), (“TLSS” or the “Company”), a publicly traded holding company, announced that, on April 1, 2026, the Company, TLSS Acquisition, Inc., a wholly-owned subsidiary of the Company, (the “Acquisition Sub”), and TLSS Reverse PGS, LLC, a Texas limited liability company and a wholly-owned subsidiary of the Acquisition Sub (“Reverse”), entered into a Member Interest and Asset Exchange Agreement (the “Agreement”) with Badcer Ops, Inc., a Nevada corporation (the “Seller”), Jeff Badders and Mercer Street Global Opportunity Fund, LLC, a Delaware limited liability company (“Mercer”), as the shareholders of the Seller (the “Seller Shareholders”), Patriot Glass Solutions, LLC, a Texas limited liability company (“PGS”), and Michael Wanke (“Wanke”), the sole Manager and twenty percent (20%) owner of PGS.”
Transportation & Logistics Systems, Inc. incurred loan of $75,000 with C/M Capital Master Fund, LP at 10% per annum maturing six months following the issuance date.
“On January 9, 2026, Transportation and Logistics Systems, Inc. (the " Company ", " we ", " us " or " our ") entered into an unsecured non-convertible promissory note (the " Note ") in the principal amount of $75,000, with interest at the rate of 10% per annum accruing and due at maturity six months following the issuance date, with C/M Capital Master Fund, LP (the " Lender ")”
Transportation & Logistics Systems, Inc.: Revised definition of Triggering Event in Series J Certificate of Designations to exclude prior events, facts or circumstances (effective 2025-09-05).
“On September 5, 2025, Transportation and Logistics Systems, Inc. (the “Company”) filed an Amendment (the “Series J Certificate Amendment”) to the Certificate of Designations Rights and Limitations of Series J Senior Convertible Preferred Stock (the “Series J Certificate”) with the Secretary of State of the State of Nevada to, among other things, revise the definition of a Triggering Event (as defined in the Series J Certificate Amendment) to exclude events, facts or circumstances that occurred prior to or were in existence as of the date of the Series J Certificate.”
Sebastian Giordano resigned as Chief Executive Officer and Chief Financial Officer at Transportation & Logistics Systems, Inc..
“On May 5, 2025, the Company received a termination notice from Mr. Giordano (the “ New Termination Notice ”) for the nonpayment of compensation and other benefits due under such Executive Employment Agreement. The Company is unable to cure such default, and agreed to extend the termination date of the Executive Employment Agreement to August 31, 2025 (the “ New Termination Date ”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.