Transglobal Management Group, Inc. Terminates Apache Creek Deal

What Happened
Transglobal Management Group, Inc. announced in an 8-K filed July 31, 2026 that its planned acquisition of substantially all assets of the Apache Creek Golf Course (Apache Junction, AZ) will not proceed. The company had entered a Purchase Agreement dated April 1, 2026, and an Amendment and Clarification Agreement dated April 10, 2026, with seller Dalston LLP, but was unable to obtain required financing and the parties could not agree on revised payment terms. Pursuant to the Agreements, the seller will retain the previously paid $200,000 deposit, which TMGI expects to record as a loss associated with the terminated acquisition.

Key Details

• Buyer: Transglobal Management Group, Inc.; Seller: Dalston LLP.
• Agreements: Purchase Agreement dated April 1, 2026 and Amendment dated April 10, 2026.
• Financing: TMGI was unable to secure additional financing needed to satisfy remaining purchase price obligations.
• Financial impact: Seller will retain the $200,000 deposit; TMGI expects to recognize that amount as a loss on the terminated transaction.

Why It Matters
For investors, this termination means the company will not acquire the Apache Creek assets and will not realize any future revenue or strategic benefits from that asset. The immediate, disclosed financial impact is the expected recognition of a $200,000 loss (the forfeited deposit). The filing does not disclose other changes to TMGI’s operations or financial guidance; investors should watch subsequent filings or disclosures for any further financial effects or revised plans for growth or alternative transactions.