Transglobal Mgmt SEC Filings

Transglobal Management Group, Inc. entered into a Standby Equity Commitment Agreement with MacRab LLC, giving the company the option to sell up to $5,000,000 of common stock over time at its discretion. Shares will be sold at 85% of the average of the two lowest volume-weighted average prices over five trading days after each clearing date, with a minimum price of $0.001 per share.

MacRab’s ownership is capped at 4.99% of Transglobal’s outstanding shares at any time. Transglobal also agreed, under a separate Registration Rights Agreement, to register the resale of shares issued under this equity facility and to seek effectiveness of that registration statement.

The Marquie Group, Inc. reported that on January 30, 2026, Marc Angell resigned, effective immediately, from his roles as Chief Financial Officer, Treasurer, and Secretary. The company states his resignation was not due to any disagreement over operations, policies, or practices.

Under the Purchase Agreement with GetGolf.com, LLC, the Board approved continuing its relationship with Mr. Angell in a non-officer, third-party advisory role. In this capacity he is not an officer or employee and has no authority to bind the company unless expressly authorized in writing.

The Marquie Group, Inc. reported sharply weaker results for the quarter ended November 30, 2025, as it transitions from a radio and beauty focus toward a golf-centered business built around the GetGolf acquisition. Net revenues were only $15,200 for the quarter and $27,120 for the six months, all from radio advertising, while the company prepares to rely on golf green fees, carts, food and beverage, and pro shop sales in the future.

The company posted a quarterly net loss of $2,289,822 and a six‑month net loss of $4,570,328, driven by high operating costs, heavy interest expense of $1,064,044, and a $3,700,000 markdown of its 25% Simply Whim investment. A large portfolio of convertible notes created a derivative liability of $2,449,374, up from $625,824, and total current liabilities of $6,878,915 far exceed total assets of $2,859,714, leaving stockholders’ equity at a deficit of $4,019,201.

Management executed a 1‑for‑1,000 reverse stock split, issued new convertible notes and common shares (including 1,000,000 shares for GetGolf and 1,382,719 shares from debt conversions), and tapped a standby equity facility. The company ended the period with cash of $81,317 and disclosed substantial doubt about its ability to continue as a going concern.

The Marquie Group, Inc. entered into a Second Amended and Restated Purchase Agreement with GetGolf.com and the existing sellers on January 19, 2026, replacing the prior agreement in full. The updated deal confirms that GetGolf.com still intends to acquire voting control of the company but on a reduced asset base.

The revised agreement formally excludes the Mountain Brook Golf Course from the transaction after the parties were unable to reach mutually acceptable funding and other terms tied to that asset. The filing notes that this exclusion is a material change that reduces the overall scale of the transaction compared to what was originally announced. Certain payments to Marc Angell are also recharacterized as purchase price consideration rather than compensation for services, while other key terms remain substantially consistent with earlier disclosures.

Marquie Group, Inc. filed a notification that it will be late filing its Form 10-Q for the quarter ended November 30, 2025. The company states that the financial information to be contained in this 10-Q cannot be analyzed and completed on a timely basis. The notice is signed on behalf of the company by Chief Financial Officer Marc Angell.

The Marquie Group, Inc. reported a major change in control and a strategic pivot through a Purchase Agreement with GetGolf.com, LLC. GetGolf agreed to buy 200 shares of Series A Preferred Stock, a $2,000,000 promissory note, and 666,700 common shares from Marc and Jacquie Angell for an aggregate $500,000 payable over 12 months. The 200 Series A shares, which carry 80% of the Company’s voting power, were then reissued to Jeff Foster (67 shares) and Kelly L. Kirchhoff (133 shares), giving them effective control of all shareholder matters.

In parallel, the Company divested 100% of Music of Your Life, Inc. and its related intellectual property back to the Angells and acquired golf-related assets from GetGolf, including the Stand By Golf™ technology platform and two revenue-producing Arizona golf courses, Mountain Brook and Apache Creek. Marc Angell resigned as Chief Executive Officer and now serves as Secretary, Treasurer and Chief Financial Officer under a 12‑month transitional services agreement. The Company highlights significant risks, including going-concern doubts, heavy capital needs, concentrated control, and execution challenges in its new golf and lifestyle strategy.

The Marquie Group, Inc. reported that on December 16, 2025, it amended and restated its Articles of Incorporation to change its corporate name to Transglobal Management Group, Inc.. On the same date, the company also amended and restated its Bylaws to reflect this new name. Holders of a majority of the voting rights of the company’s capital stock approved both the amended and restated Articles of Incorporation and the amended and restated Bylaws. The updated charter and Bylaws, now reflecting the Transglobal Management Group, Inc. name, are included as exhibits to the report.

The Marquie Group, Inc. reports that its board and holders of a majority of its voting capital stock have approved an amendment and restatement of its Articles of Incorporation to change the company name to Transglobal Management Group, Inc. The action was approved by written consent as of December 16, 2025, so no shareholder meeting or proxies are being solicited.

As of the record date, the company had 7,539,209 shares of common stock and 200 shares of Series A Preferred Stock outstanding. While each common share has one vote, the Series A Preferred Stock is entitled in the aggregate to 80% of the total voting power on a fully diluted basis, giving insiders effective control. The company indicates it has discussed potential future issuances of common stock for stock dividends, services, debt settlement and employee incentives and notes that any material issuances will be disclosed under securities law. Shareholders do not have dissenter’s rights in connection with this name change.

The Marquie Group, Inc. (TMGI) filed an amended quarterly report to restate and correct the misclassification of interest-bearing promissory notes and related expenses. The restatement increased accrued interest and notes payable by $123,767, with a matching increase to professional fees and interest expense.

For the quarter ended August 31, 2025, TMGI reported net revenues of $11,920 and a net loss of $2,430,080. Results reflected a $3,700,000 loss on markdown of an investment, a $1,760,461 gain on extinguishment of debt, $701,263 in interest expense, and $297,276 in income from derivative liability revaluation. Cash and equivalents were $41,007, with negative working capital of $4,310,228 and an accumulated deficit of $18,242,017, leading management to note substantial doubt about continuing as a going concern. Shareholders’ equity was a deficit of $(1,763,412), and the company disclosed defaults on eight notes totaling $326,644. A 1‑for‑1,000 reverse stock split was effected on June 5, 2025; common shares outstanding were 4,121,479 as of October 3, 2025.