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Transportation and Logistics Systems ( (TLSS) ) just unveiled an update.
On May 30, 2025, Transportation and Logistics Systems, Inc. entered into settlement agreements with certain creditors to settle $2,546,519.70 in outstanding liabilities by issuing 25,465 shares of Series J Senior Convertible Preferred Stock. This agreement requires at least 50% of holders of Series E and Series G Convertible Preferred Stock to exchange their shares for Series J Preferred Stock, impacting the company’s financial structure and potentially improving its market positioning.
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 comprehensive logistics solutions and services.
Current Market Cap: $588.9K
For an in-depth examination of TLSS stock, go to TipRanks’ Stock Analysis page.