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Transportation And Logistics Systems, Inc. Adds $700,000 In Series G Financing

Jan 26, 2022over 3 years ago

Amount Raised

$700,000

Round Type

seed

Jupiter

Description

JUPITER, FL / January 26, 2022 / Transportation and Logistics Systems, Inc. (OTCQB:TLSS), ("TLSS" or the "Company"), a growing logistics service provider, today announced that, on January 25, 2022, it closed an additional equity financing, which provided gross proceeds of $700,000. Moreover, on January 20, 2022, the Company increased its Board of Directors from two to four members, with the addition of Messrs. Charles Benton and Norman Newton, and, in connection thereto, formerly established its Audit, Compensation and Nominating Committees.

Company Information

Company

Transportation And Logistics Systems

Location

Jupiter, Florida, United States

About

TLSS, through its wholly owned operating subsidiaries, Cougar Express, Inc and Shyp FX, Inc., operates as a full-service logistics and transportation company. For more information, visit the Company's website, www.tlss-inc.com.

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