UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Securities registered pursuant to Section 12(b) of the Act:
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| 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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
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| Item 7.01 | Regulation FD Disclosure. |
On January 24, 2022, Tribal Rides International Corp., a Nevada corporation (the “Company”), issued press release which announced that the Minimum Viable Product (MVP) of its innovative ride sharing app for drivers and riders will have a limited release next month in Southern California markets. A copy of the press release is attached hereto as Exhibit 99.1, and is incorporated herein by reference. Pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”), the information in this Item 7.01 disclosure, including Exhibit 99.1, and the information set forth therein, is deemed to have been furnished to, and shall not be deemed to be “filed” with, the SEC.
The Press Release, furnished as Exhibit 99.1 to this Form 8-K, may contain forward-looking statements. Such forward-looking statements are based on information presently available to the Company’s management and are current only as of the date made. Actual results could also differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, and subsequent reports filed by the Company with the Securities and Exchange Commission (the “Commission”). For those reasons, undue reliance should not be placed on any forward-looking statement. The Company assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. Any such updates or revisions may be made by the registrant by filing reports with the Commission, through the issuance of press releases or by other methods of public disclosure.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit No. | Description |
| 99.1 | Press Release dated January 24, 2022 |
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL) |
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.
| ||
| Date: January 24, 2022 | By: | /s/ Joseph Grimes |
| Joseph Grimes, Chief Executive Officer | ||
Exhibit 99.1
CONTACT INFORMATION:
Tribal Rides International, Inc
Joseph Grimes, CEO
joeg@tribalrides.com
RELEASE DATE:
Jan. 24, 2022
TRIBAL RIDES/XNDA SCHEDULES MVP RELEASE;
NEARS INITIAL REVENUE MILESTONE
Transportation technology company’s innovative shared ride app set for test-market
Dateline: [Mission Viejo, CALIF, Jan. 24, 2022] —Tribal Rides/XINDA International (XNDA) has announced that the Minimum Viable Product (MVP) of its innovative ride sharing app for drivers and riders will have a limited release next month in Southern California markets.
According to Tribal Rides CEO Joseph Grimes, the scheduled release should enable the company to achieve revenue projections for Q1 2022.
“The first and most important element of our strategic plan is generating of revenue in this first quarter 2022,” explained Grimes. “Our corporate and development team is on track to accomplish this important milestone. And as you would expect, we plan on revenue to significantly increase over time as we further develop and expand the release of our new innovative software program.”
Steve Ritacco, CFO of Tribal Rides and head of the firm’s world-class development team, comments, ”I am very happy with the software development progress on our new software application and extremely thankful to the hard work and insightful progress of my team. And although we will have a viable product released to our Drivers, I can’t wait to share with them some of the new and potentially game-changing innovations that should follow this release mid-year. Our vision is truly coming to fruition and I can’t wait to hear from our users what they think!”
Tribal Rides/Xinda (XNDA) is a technology company specializing in disruptive and innovative software solutions focused on the digital transformation of transportation. Its patented transportation ecosystem, marketplace and ride sharing app is under development to support both individual and business needs in the emerging world of autonomous self-driving vehicles.
###
About Tribal Rides/XNDA International, Inc. (XNDA):
Tribal Rides/Xinda (XNDA) was founded in 2016 as a transportation technology company specializing in disruptive software solutions focused
on the digital transformation of transportation. Its patented transportation ecosystem and marketplace is under development, and features
end-to-end tracking and management of trips; seamless and connected multi-modal journeys; visualization and complex mapping, and leading
transaction and scheduling technology.
For additional details on this announcement, contact Joseph Grimes, CEO, joeg@tribalrides.us
Cover |
Jan. 24, 2022 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Jan. 24, 2022 |
| Entity File Number | 333-200344 |
| Entity Registrant Name | Tribal Rides International Corp. |
| Entity Central Index Key | 0001624985 |
| Entity Tax Identification Number | 37-1758469 |
| Entity Incorporation, State or Country Code | NV |
| Entity Address, Address Line One | 26060 Acero |
| Entity Address, City or Town | Mission Viejo |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 92691 |
| City Area Code | 949 |
| Local Phone Number | 434-7259 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Entity Emerging Growth Company | true |
| Elected Not To Use the Extended Transition Period | false |