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Warpspeed Taxi Stock Price, News & Analysis

WRPT OTC Link

Company Description

WarpSpeed Taxi Inc., historically trading under the symbol WRPT, has undergone a significant corporate transformation. According to SEC filings, the company changed its corporate name from Warpspeed Taxi Inc. to Ulixe Corp. through a redomestication from Wyoming to Delaware that became effective on October 7, 2025. A subsequent SEC filing states that its trading symbol on the OTC Markets changed from WRPT to ULIX, and that the common stock continues to trade on the OTC market under this new ticker. These filings indicate that the WRPT symbol now represents the prior corporate identity and history of the business rather than its current trading symbol.

Before the name and symbol change, WarpSpeed Taxi Inc. described itself in multiple news releases as a company involved in the development, testing, and marketing of a computer and mobile device application known as "WarpSpeedTaxi." This application was characterized as an all-in-one software solution for ride hailing, food delivery, and courier services. The company stated that the platform was designed to provide door-to-door transport by connecting drivers using their personal vehicles with passengers and with businesses or individuals needing delivery services.

WarpSpeed Taxi’s communications emphasized a business model built around joint venture partnerships with local entrepreneurs in the ride-hailing and delivery space. In multiple shareholder letters and press releases, the company explained that it intended to provide a customized, white-label version of its WarpSpeed Taxi software platform to local partners. In return, those partners would provide an initial operating funding runway and manage local operations, while WarpSpeed Taxi would retain an equity interest in each venture and receive specified licensing and backend management fees based on gross revenues generated through use of the platform.

The company’s materials repeatedly highlighted the modular and customizable design of its software. WarpSpeed Taxi stated that this design would allow it to clone and tailor versions of its base platform to local markets around the world, including localized branding and domain registration for each country. It noted that its initial beta testing was taking place in Ahmedabad, India, under the local brand "Tezi Taxi," and that this local branding approach was intended to align with consumer preferences in various markets. The company also described plans to work with local operational teams and entrepreneurs to launch services in additional countries.

WarpSpeed Taxi further described its model as a white label ride-hailing and delivery platform that could support multiple overlapping services for drivers, including passenger transport and delivery of food, groceries, and other items. In several communications, the company stated that its goal was to create a non-capital-intensive strategy for expansion, relying on local joint venture partners for operational funding and day-to-day management while the company focused on technology development, software maintenance, and backend data management.

In addition to its core platform, WarpSpeed Taxi announced a feature called SMART SHARING, described as a service that would allow two riders heading in the same direction or to the same destination to share a taxi and reduce costs. The company indicated that this feature was being included in its beta testing phase, and positioned it as a response to changing market conditions and as a way to promote ride-sharing.

Later, in a press release dated June 26, 2024, WarpSpeed Taxi Inc. announced an agreement to collaborate with NextFind.AI through a joint venture focused on the marketing and development of artificial intelligence and machine learning technologies. The release explains that NextFind AI had been working on AI projects related to identifying economic mineralization on exploration properties and applications to aid medical patient care. Under the agreement described in that release, WarpSpeed Taxi stated that it would focus on research and development, marketing, sales, and operational activities relating to NextFind.AI’s businesses, in exchange for the contribution of NextFind.AI technologies to the joint venture.

The same release describes NextFind AI’s platform as providing an autonomous data quality and anomaly detection tool aimed at locating deposits of precious and critical minerals. It notes that the platform uses satellite imagery, historical archives, and exploration data to identify potential mining sites and is intended to make mineral exploration more efficient by reducing routine analysis and data collection.

Subsequent SEC filings document the company’s transition to Ulixe Corp. and a shift in corporate structure. An 8-K filing dated October 14, 2025, states that shareholders approved a plan of conversion to redomesticate from Wyoming to Delaware and to adopt the new corporate name Ulixe Corp. The filing notes that, except for the name change and related corporate law changes, the redomestication did not itself change the business, management, properties, obligations, assets, or liabilities, and that outstanding shares of common stock of the Wyoming corporation automatically converted into shares of the Delaware corporation.

Another 8-K filing dated October 22, 2025, describes an agreement under which Warpspeed Italy S.r.l., a wholly owned subsidiary of Ulixe Corp., would acquire all outstanding equity interests of Ulixe Italy S.r.l. from Ulixe Holding GmbH. The filing explains that Ulixe Italy operates an IT consulting and services business in Europe through several subsidiaries, providing services such as custom software development, system integration, and digital transformation solutions. It also notes that these subsidiaries serve areas including core banking consulting, cloud solutions, AI and immersive visual technologies, technological infrastructure management, and logistics with a focus on automation and technological efficiency.

In connection with this transaction, the same filing states that Ulixe Corp. changed its fiscal year from July 31 to December 31 to align with Ulixe Italy’s fiscal year. A separate 8-K dated October 16, 2025, reports a change in the company’s independent registered public accounting firm, and references prior disclosure of substantial doubt about the company’s ability to continue as a going concern and certain material weaknesses in internal control over financial reporting, as described in an earlier Form 10-K.

Taken together, the historical news releases and SEC filings show that the WRPT symbol is associated with the earlier phase of the company’s history as WarpSpeed Taxi Inc., focused on ride-hailing, delivery, and related software, and with later developments including a collaboration with NextFind.AI and a corporate reorganization into Ulixe Corp. with a focus that includes IT consulting and services through European subsidiaries. For current trading and corporate information, the SEC filings indicate that investors should refer to the company under the name Ulixe Corp. and the ticker symbol ULIX.

Stock Performance

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Last updated:
+122.22%
Performance 1 year

Financial Highlights

-$129K
Net Income (TTM)
-$83K
Operating Cash Flow
Revenue (TTM)

Upcoming Events

Short Interest History

Last 12 Months
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Short interest in Warpspeed Taxi (WRPT) currently stands at 221 shares, representing 0.0% of the float. Over the past 12 months, short interest has increased by 360.4%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months
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Days to cover for Warpspeed Taxi (WRPT) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed.

Frequently Asked Questions

What is the current stock price of Warpspeed Taxi (WRPT)?

The current stock price of Warpspeed Taxi (WRPT) is $0.16 as of October 15, 2025.

What is the market cap of Warpspeed Taxi (WRPT)?

The market cap of Warpspeed Taxi (WRPT) is approximately 7.2M. Learn more about what market capitalization means .

What is the net income of Warpspeed Taxi (WRPT)?

The trailing twelve months (TTM) net income of Warpspeed Taxi (WRPT) is -$129K.

What is the operating cash flow of Warpspeed Taxi (WRPT)?

The operating cash flow of Warpspeed Taxi (WRPT) is -$83K. Learn about cash flow.

What is the current ratio of Warpspeed Taxi (WRPT)?

The current ratio of Warpspeed Taxi (WRPT) is 0.15, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What did WarpSpeed Taxi Inc. (WRPT) do as a business?

WarpSpeed Taxi Inc. described itself as a company involved in the development, testing, and marketing of a computer and mobile device application known as "WarpSpeedTaxi." According to multiple news releases, this application was presented as an all-in-one software solution for ride hailing, food delivery, and courier services, connecting drivers using their personal vehicles with passengers and with businesses or individuals needing delivery services.

How did WarpSpeed Taxi’s joint venture model work?

In its shareholder communications and press releases, WarpSpeed Taxi explained that its model relied on joint venture partnerships with local entrepreneurs. The company would provide a customized, white-label version of its WarpSpeed Taxi software platform, while local partners supplied an initial operating funding runway and managed day-to-day operations. WarpSpeed Taxi stated that it would retain a 50% ownership interest in each local venture and receive a licensing fee and backend management fee based on gross revenues generated through use of the platform.

What was the purpose of the Tezi Taxi brand in India?

WarpSpeed Taxi reported that its initial beta testing was underway in Ahmedabad, India, under the local brand "Tezi Taxi," which it described as meaning "Fast Taxi." The company indicated that this local branding was part of its strategy to tailor the WarpSpeed platform to local markets and consumer preferences, and that beta testing in Ahmedabad was a step toward a broader launch across India.

What is WarpSpeed Taxi SMART SHARING?

In a March 2022 press release, WarpSpeed Taxi introduced SMART SHARING as a feature of its ride-sharing application. The company described SMART SHARING as a service that allows two people heading in the same direction or to the same destination to share a taxi and save money. It stated that this feature was being included in the then-current round of beta testing of the WarpSpeed Taxi application.

What collaboration did WarpSpeed Taxi announce with NextFind.AI?

On June 26, 2024, WarpSpeed Taxi announced an agreement with NextFind.AI to establish a joint venture focused on the marketing and development of artificial intelligence and machine learning technologies. The press release states that NextFind AI had been working on AI projects related to identifying economic mineralization on exploration properties and applications to aid medical patient care, and that WarpSpeed Taxi would focus on research and development, marketing, sales, and operational activities relating to NextFind.AI’s businesses under the agreement described.

What does NextFind AI’s platform aim to do in mineral exploration?

According to the June 26, 2024 press release, NextFind AI’s platform provides an autonomous data quality and anomaly detection tool aimed at locating deposits of precious and critical minerals. It states that the platform uses satellite imagery, historical archives, and exploration data to identify potential mining sites, with the goal of making mineral exploration more rapid, efficient, and cost-effective by reducing routine analysis and data collection by geologists and scientists.

What happened to WarpSpeed Taxi Inc. and the WRPT ticker?

An 8-K filing dated October 14, 2025, reports that shareholders approved a plan of conversion to redomesticate the company from Wyoming to Delaware and to change its corporate name from Warpspeed Taxi Inc. to Ulixe Corp. The filing states that the redomestication became effective on October 7, 2025. A subsequent 8-K dated October 15, 2025, notes that the trading symbol on the OTC market for the company’s common stock changed from "WRPT" to "ULIX". These filings indicate that WRPT is the historical ticker for the company prior to its name and symbol change.

What business activities are associated with Ulixe Italy in the SEC filings?

An 8-K filing dated October 22, 2025, describes Ulixe Italy S.r.l. as a holding company that operates an IT consulting and services business in Europe through several subsidiaries. The filing states that these subsidiaries provide IT consulting and services specializing in custom software development, system integration, and digital transformation solutions, and mentions focus areas such as core banking consulting, cloud solutions, AI and immersive visual technologies, technological infrastructure management, and logistics with an emphasis on automation and technological efficiency.

Did the redomestication to Ulixe Corp. change the company’s business?

The October 14, 2025 8-K filing states that, except for the change to its corporate name and related corporate law changes, the redomestication from a Wyoming corporation to a Delaware corporation did not result in any change in the business, management, properties, obligations, assets, liabilities, or net worth of the company, other than costs related to the redomestication. The filing also notes that material contracts and the company’s rights and obligations under those contracts continued after the redomestication.

What financial reporting changes are mentioned in the SEC filings?

The October 22, 2025 8-K notes that the company changed its fiscal year from July 31 to December 31 to align with Ulixe Italy’s fiscal year, and that it intended to file an Annual Report on Form 10-K for the fiscal year ended July 31, 2025 before following the December 31 year-end reporting cycle. A later Form 12b-25 (NT 10-Q) filing explains that the company was unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025 by the prescribed date and that it had not yet filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2025.