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Transportation and Logistics Systems Enters Exchange Agreement

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Transportation and Logistics Systems Enters Exchange Agreement

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Transportation and Logistics Systems ( (TLSS) ) has shared an announcement.

On July 8, 2025, Transportation and Logistics Systems, Inc. entered into an exchange agreement with a holder of its Series E and Series G convertible preferred stocks, exchanging them for Series J Senior Convertible Preferred Stock, effective June 1, 2025. Additionally, the company settled $16,000 in outstanding liabilities with a creditor by issuing Series J Preferred Stock, with both agreements including customary conditions and representations.

Spark’s Take on TLSS Stock

According to Spark, TipRanks’ AI Analyst, TLSS is a Underperform.

Transportation and Logistics Systems faces severe financial and operational challenges, as evidenced by consistent revenue declines, substantial net losses, and negative equity. The lack of technical analysis data contributes to uncertainty, while unfavorable valuation metrics further highlight the company’s struggles. These factors collectively result in a very low overall stock score, indicating significant risks for investors.

To see Spark’s full report on TLSS stock, click here.

More about Transportation and Logistics Systems

Transportation and Logistics Systems, Inc. operates in the transportation and logistics industry, focusing on providing logistics solutions and services. The company is involved in the management and execution of transportation and delivery services, catering to various market needs.

Current Market Cap: $588.9K

See more insights into TLSS stock on TipRanks’ Stock Analysis page.

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