Transglobal Management Group: buyer acquired 80% voting power

What happened

• The filing says that on Oct 2, 2026 Transglobal Management Group, Inc. entered into a Control Share Purchase Agreement with Marc Angell, Jacquie Angell and Third Life World, LLC. Pursuant to the Purchase Agreement, Buyer acquired from Marc Angell all 200 outstanding shares of the Company’s Series A Preferred Stock for an aggregate purchase price of $140,000. The Series A Shares represent 80% of the aggregate voting power and Buyer acquired voting control of the Company.
• The filing says the Company issued an aggregate of eight shares of Series B Preferred Stock to the Sellers, with the rights, preferences and limitations set forth in Articles of Amendment previously filed on Oct 6, 2026.

Key details

• Buyer: Third Life World, LLC (managing member Jorge Guinovart); Sellers: Marc Angell and Jacquie Angell.
• Purchase: 200 Series A shares purchased for $140,000; Series A shares equal 80% of voting power.
• Compensation and arrangements: retention of Marc Angell as an independent consultant for an initial three-month term at $5,000 per month and a one-time consulting bonus of $115,000 payable to Mr. Angell.
• Agreement terms: Purchase Agreement includes obligations for ongoing public-company expenses, contribution of certain technology assets by Buyer, and customary representations, warranties, covenants, indemnification and remedies, including remedies related to impairment of the Series B Shares or the promissory note payable to Jacquie Angell.

Why it may matter

• The filing reports Item 1.01 (entry into a material definitive agreement) describing the Control Share Purchase Agreement and Item 5.01 (changes in control) reporting that Buyer acquired voting control. It also reports Item 3.02 and Item 3.03 (unregistered sales of equity securities and material modification to rights of security holders) and Item 5.03 (amendments to articles of incorporation) relating to the issuance and designation of the Series B Preferred Stock and the Articles of Amendment filed on Oct 6, 2026.

A filing does not show why the insider traded or why the company acted.