Form 8-K/A - Current report: [Amend]
September 27 2023 - 4:30PM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K/A
(AMENDMENT
NO. 1)
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported) June 14, 2023
TRAQIQ,
INC.
(Exact
name of registrant as specified in charter)
California |
|
000-56148 |
|
30-0580318 |
(State
or other Jurisdiction of
Incorporation
or Organization) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
1931
Austin Drive
Troy,
Michigan |
|
48083 |
(Address
of Principal Executive Offices) |
|
(zip
code) |
(425)
818-0560
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any
of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
N/A |
|
N/A |
|
N/A |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐
Explanatory
Note
This
Amendment No. 1 to the Current Report on Form 8-K is an amendment to the Current Report on Form 8-K dated June 14, 2023 (the “Prior
Report”) filed by TraQiQ, Inc. (the “Company”) with the Securities and Exchange Commission on June 20, 2023, is to
supplement the information provided in the Prior Report.
Item
1.02. Termination of a Material Definitive Agreement.
As
previously reported, on June 14, 2023, Titan Trucking, LLC, a Michigan limited liability company (“Titan”) and wholly-owned
subsidiary of TraQiQ, Inc. (the “Company), entered into an Equity Interest Purchase Agreement dated as of June 14, 2023 (the “Purchase
Agreement”) by and among Titan, Ryan Stansley, Scott Stansley, Jr., Kristin Stansley and Richard Boyce Stansley (collectively,
the “Equityholders”), and Recycle Waste Services, Inc., an Ohio corporation (“RWS”), pursuant to which, subject
to the terms and conditions of the Purchase Agreement, Titan agreed to acquire all of the equity interests of RWS.
By
letter dated August 22, 2023, the Equityholders advised Titan that they are terminating the Purchase Agreement pursuant to Section 10.1(c)
of the Purchase Agreement due to Titan’s purported notification to RWS or the Equityholders that it cannot and will not close the
proposed acquisition by August 31, 2023. The Company and Titan are evaluating the validity and consequences of such termination.
SIGNATURE
Pursuant
to the requirement of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Date:
September 27, 2023 |
TRAQIQ,
INC. |
|
|
|
|
By: |
/s/
Glen Miller |
|
|
Glen
Miller |
|
|
Chief
Executive Officer |
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