STOCK TITAN

Transportation & Logistics enacts 5,000-for-1 reverse split

Holders who otherwise would have received a fractional share receive one whole post-split share, without cash or other consideration.

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Form Type
8-K

Rhea-AI Filing Summary

Transportation & Logistics Systems, Inc. (TLSS) made a 5,000-for-1 reverse stock split effective October 2, 2026. Each holder’s common shares were converted to whole shares by dividing the pre-split count by 5,000.

No fractional shares were issued: holders who otherwise would have received a fraction received one whole post-split share, with no cash or other consideration paid in lieu. Split-adjusted trading on OTC Markets under the existing symbol TLSS will begin once The Depository Trust Company completes processing of the rounding up of fractional shares at the beneficial owner level.

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Item 3.03 Material Modification to Rights of Security Holders Securities
A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Reverse stock split ratio 5,000-for-1 Effective October 2, 2026
Shares issued in place of a fractional share 1 whole share Post-reverse-split common stock
Effective date October 2, 2026 Reverse stock split
reverse stock split technical
"to effect a reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
fractional shares technical
"No fractional shares were issued"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
split-adjusted basis technical
"begin trading on a split-adjusted basis"
An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.
beneficial owner level technical
"at the beneficial owner level"
transfer and exchange agent technical
"acting as the transfer and exchange agent"
A transfer and exchange agent is a financial service provider that keeps official records of who owns a company’s securities, issues or cancels share certificates, processes ownership transfers, and handles exchanges during corporate actions like mergers or tender offers. For investors it’s important because this agent ensures you receive dividends, vote notices and the correct new securities or cash when ownership changes—think of them as a combination of a registry keeper and transaction facilitator for your holdings.
Split Ratio 1-for-5,000 reverse split
Effective Date October 2, 2026

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the TLSS reverse stock split ratio and effective date?

TLSS’s 5,000-for-1 reverse stock split became effective on October 2, 2026. Each stockholder’s issued and outstanding common shares were divided by 5,000 to determine the number of whole post-split shares.

What happens to fractional shares in the TLSS reverse split?

A stockholder who otherwise would have received a fractional share received one whole share of post-split common stock. No fractional shares were issued, and no cash or other consideration was paid in lieu of them.

When will TLSS begin split-adjusted trading?

TLSS common stock will begin trading on a split-adjusted basis on OTC Markets under the existing symbol TLSS once The Depository Trust Company completes processing the rounding up of fractional shares at the beneficial owner level.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false --12-31 0001463208 0001463208 2026-10-02 2026-10-02 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): October 2, 2026

 

Transportation and Logistics Systems, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-34970   26-3106763
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

110 Chestnut Ridge Road, Suite 444

Montvale, New Jersey 07645

(Address of Principal Executive Offices)

 

(833) 764-1443

(Issuer’s telephone number)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

 

☐ 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 pursuant to Section 12(b) of the Act: None.

 

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 growth 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 accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 3.03 Material Modification to Rights of Security Holders.

 

As previously reported in the Current Report on Form 8-K filed by Transportation and Logistics Systems, Inc. (OTCID: TLSS) (the “Company”), a publicly traded holding company, with the Securities and Exchange Commission on August 12, 2026, at a special meeting of the stockholders of the Company held on August 11, 2026, the stockholders of the Company approved an amendment to the Company’s Amended and Restated Articles of Incorporation, as amended, to effect a reverse stock split of the Company’s issued and outstanding shares of common stock at a ratio of 5,000-for-1 (the “Reverse Stock Split”).

 

On September 18, 2026, the Company filed a Certificate of Change with the Secretary of State of the State of Nevada providing for the Reverse Stock Split (the “Certificate of Change”) and the Reverse Stock Split became effective on October 2, 2026 (the “Effective Date”).

 

Effects of the Reverse Stock Split

 

Effective Date; Symbol; CUSIP Number. The Reverse Stock Split became effective on the Effective Date. The common stock will begin trading on a split-adjusted basis on the OTC Markets under the existing trading symbol “TLSS” once The Depository Trust Company (“DTC”) completes processing of the rounding up of fractional shares at the beneficial owner level. The CUSIP number for the common stock will change to 89388L207.

 

Split Adjustment; No Fractional Shares. On the Effective Date, the total number of shares of common stock held by each stockholder automatically converted into the number of whole shares of common stock equal to (i) the number of issued and outstanding shares of common stock held by such stockholder immediately prior to the Reverse Stock Split, divided by (ii) five thousand (5,000). No fractional shares were issued in connection with the Reverse Stock Split, and no cash or other consideration was paid in lieu of fractional shares. Instead, the Company issued one whole share of post-Reverse Stock Split common stock to any stockholder who otherwise would have received a fractional share as a result of the Reverse Stock Split.

 

Non-Certificated Shares; Certificated Shares. Equiniti Trust Company, LLC is acting as the transfer and exchange agent for the Reverse Stock Split. Registered stockholders are not required to take any action to receive post-Reverse Stock Split shares. Stockholders who hold their shares in electronic form at brokerage firms also do not need to take any action, as the effect of the Reverse Stock Split will automatically be reflected in their brokerage accounts.

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

The information set forth in Item 3.03 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03. A copy of the Certificate of Change is filed as Exhibit 3.1 to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.   Description
3.1   Certificate of Change of Transportation and Logistics Systems, Inc. filed with the Secretary of State of the State of Nevada on September 18, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

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.

 

Dated: October 8, 2026 TRANSPORTATION AND LOGISTICS SYSTEMS, INC.
     
  By: /s/ Sebastian Giordano
  Name: Sebastian Giordano
  Title: Chief Executive Officer

 

 

 

Filing Exhibits & Attachments

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