UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
On February 6, 2025, Tribal Rides International Corp. (the “Company”) entered into a Share Exchange Agreement with Singta Industries Inc. (the “Singta Agreement”), under which the Company agreed to acquire 100% of Singta in exchange for 400,000,000 newly issued restricted shares of the Company’s common stock.
Certain conditions to closing were never satisfied, and the transaction was not consummated. On August 25, 2025, the Board of Directors formally determined to terminate the Singta Agreement. Although the termination became effective in August, the Company had not previously reported the termination. The delay in reporting was due to changes in management, auditor transitions, and ongoing evaluations of strategic alternatives following the Company’s change of control earlier in 2025. The Company is now providing this disclosure to ensure its filings fully reflect the status of its agreements.
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On June 30, 2025, the Company completed the acquisition of all of the membership interests of Supa Food Services LLC (“Supa”), a privately held Nevada limited liability company. In consideration, the Company issued 250,000,000 shares of its common stock to the members of Supa. As a result of the acquisition, Supa became a wholly owned subsidiary of the Company.
Although the closing occurred on June 30, 2025, the Company is filing this Current Report on Form 8-K as of August 28, 2025, promptly following the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, in order to provide investors with full and current information regarding the acquisition. The delay in reporting was due to management changes and the need to finalize supporting documentation and audit confirmations related to the acquisition.
The Membership Interest Purchase Agreement relating to the Supa acquisition is filed herewith as Exhibit 10.1 and is incorporated herein by reference.
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
The issuance of the 250,000,000 shares of common stock to the Supa members was made in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506 of Regulation D promulgated thereunder, as the transaction did not involve a public offering.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired.
The financial statements of Supa Food Services LLC will be filed by amendment to this Form 8-K within the time period permitted by Item 9.01(a)(4) of Form 8-K.
(b) Pro Forma Financial Information.
The required pro forma financial information will be filed by amendment to this Form 8-K within the time period permitted by Item 9.01(b)(2) of Form 8-K.
(c) Shell Company Transactions.
Not applicable.
(d) Exhibits.
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Exhibit Number |
Description | |
| 16.1 | Membership Interest Purchase Agreement dated June 30, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Tribal Rides International Corp.
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| Date: September 2, 2025 | By: | /s/ Adam Clode |
| Adam Clode, Chief Executive Officer | ||
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