Dividends & Buybacks ·
Transportation and Logistics Systems, Inc. held a special meeting of stockholders on August 11, 2026, where…
TLSSTransportation & Logistics Systems, Inc.
Transportation and Logistics Systems, Inc. held a special meeting of stockholders on August 11, 2026, where shareholders approved an amendment to the Articles of Incorporation to effect a reverse stock split at a ratio of 5,000-for-1. The proposal received approximately 9.6 billion votes in favor against roughly 852 million opposed, representing about 61.8% of total voting power present. The split is contingent upon obtaining approval from the Financial Industry Regulatory Authority (FINRA) and filing a certificate of amendment with the Secretary of State of Nevada before becoming effective. Transportation and Logistics Systems, Inc. operates in the transportation and logistics systems industry.