Full report
Transportation and Logistics Systems says it completed its acquisition of an 80% interest in Patriot Glass Solutions effective November 1. The Texas business sells and installs window-film systems.
The transaction also transferred four glass-related patents to a TLSS subsidiary. Gross merger consideration was US$4.75 million in stated value, paid through 47,500 preferred shares rather than cash. Separate shares with US$351,800 stated value settled Patriot Glass obligations.
Michael Wanke retained the remaining 20% interest and continues to lead the business. The November 5 announcement confirms a completed transaction; it does not independently verify the performance of the company’s protective-film systems.
Dates, context & legal notes
Sources & reporting notes
- Acquisition completion announcement, Exhibit 99.6 Transportation and Logistics Systems · Source dated November 5, 2026
- November 5 current-report filing index U.S. Securities and Exchange Commission · Source dated November 5, 2026
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