M&A - TRANSUITE.ORG INC.

Form Type: 8-K

Filing Date: 2025-05-28

Corporate Action: Acquisition

Type: New

Accession Number: 000175869925000017

Filing Summary: On May 28, 2025, Transuite.Org Inc. (TRSO) entered into a Letter of Intent (LOI) with Goldfinch Group Co., Limited to acquire 100% of Goldfinch's issued and outstanding shares in exchange for newly issued shares of TRSO common stock. The valuation of Goldfinch will be determined following due diligence. The transaction is subject to conditions including board approvals, satisfactory due diligence, and obtaining necessary consents. The LOI allows either party to terminate after due diligence if results are unsatisfactory and does not create a binding obligation to complete the transaction until definitive agreements are signed. A press release was issued on the same day announcing the LOI.