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The latest announcement is out from Transportation and Logistics Systems ( (TLSS) ).
Between June 25 and June 26, 2025, Transportation and Logistics Systems, Inc. entered into exchange agreements with certain holders of its Series E and Series G convertible preferred stock. The agreements involved exchanging a significant portion of these stocks and accrued dividends for Series J Senior Convertible Preferred Stock, effective June 1, 2025. This move includes the cancellation of warrants for common stock, subject to customary conditions, potentially impacting the company’s financial structure and stakeholder interests.
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 transportation services.
Current Market Cap: $588.9K
See more data about TLSS stock on TipRanks’ Stock Analysis page.