Transportation & Logistics Systems, Inc.: reverse stock split 5,000-for-1

What happened The filing reports that stockholders approved an amendment to the company’s articles to effect a reverse stock split of the company’s issued and outstanding common stock at a ratio of 5,000-for-1. The company filed a Certificate of Change with the Nevada Secretary of State on Sep 18, 2026, and the reverse stock split became effective on Oct 2, 2026.

Key details

• The common stock will trade on a split-adjusted basis on the OTC Markets under the existing trading symbol "TLSS" after DTC processes rounding up of fractional shares at the beneficial owner level.
• The CUSIP number for the common stock will change to 89388L207.
• No fractional shares were issued; the company issued one whole post-split share to any stockholder who otherwise would have received a fractional share.
• Equiniti Trust Company, LLC is acting as the transfer and exchange agent; registered stockholders and those holding shares at brokerage firms are not required to take action.

Why it may matter This filing is reported under Item 3.03 (material modification to rights of security holders) describing the reverse stock split and Item 5.03 (amendments to articles of incorporation). The filing does not show why the company acted or why any insider traded.