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TFLM 8-K: Director Anthony Merchant has passed; board to evaluate replacement

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

TOFLA Megaline Inc. (TFLM) reported a board change after the unexpected passing of director Anthony Merchant. The company was informed on October 21, 2025, and expressed condolences to his family and friends. The Board of Directors intends to evaluate candidates to potentially fill the vacancy.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 21, 2025

 

TOFLA MEGALINE INC.

 

(Exact name of registrant as specified in its charter)

 

Nevada 000-56549 37-1911358
(State or Other Jurisdiction of Incorporation or Organization) Commission File Number (I.R.S. Employer Identification No.)

 

1389 Peachtree Street NE, Atlanta, GA 30309 

 (Address, including Zip Code, and Telephone Number, including Area Code, of Registrant’s Principal Executive Office)

 

Registrant’s telephone number, including area code: 215-327-9960

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered or to be registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
N/a N/a N/a

 

 Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accountant standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers

 

TOFLA Megaline Inc. (the “Company”) with deep sadness announced today that Anthony Merchant, a member of the Company’s Board of Directors unexpectedly passed away. The Company was informed of Mr. Merchant’s passing on October 21, 2025. The Board of Directors and the management team offer their sincere condolences to the family and friends of the Merchant family during this difficult time. The Board of Directors intends to evaluate candidates to potentially fill the vacancy to the Board of Directors.

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  TOFLA Megaline Inc.
     
Date: October 24, 2025 By: /s/ Dilip R. Petigara
  Name:  Dilip R. Petigara
  Title: Chief Executive Officer, Chief Financial Officer and Secretary

 

 

FAQ

What did TOFLA Megaline (TFLM) disclose in its 8-K?

The company announced that director Anthony Merchant unexpectedly passed away and that the Board intends to evaluate candidates to potentially fill the vacancy.

When was the company informed of the director’s passing?

TOFLA Megaline was informed on October 21, 2025.

How will TOFLA Megaline address the board vacancy?

The Board of Directors intends to evaluate candidates to potentially fill the vacancy.

Which 8-K item covers this announcement for TFLM?

It is disclosed under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers).

Who signed the report for TOFLA Megaline?

The 8-K was signed by Dilip R. Petigara, Chief Executive Officer, Chief Financial Officer and Secretary.

Does the filing mention trading symbols or exchanges for TFLM?

The filing lists N/a for trading symbols and exchanges under Section 12(b) registration.
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