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EX-10.1 - TRAQIQ, INC.ex10-1.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported) December 1, 2017

 

TRAQIQ, INC.

(Exact Name of Registrant as Specified in its Charter)

 

California   333-172658   30-0580318

(State or other jurisdiction

of incorporation)

 

(Commission

File number)

 

(IRS Employer

Identification No.)

 

14205 SE 36th Street, Suite 100, Bellevue, WA 98006

(Address of principal executive offices) (zip code)

 

Registrant’s telephone number, including area code (425) 818-0560

 

 

 

Copies to:

Gary Blum, Esq.

Law Offices of Gary Blum

3278 Wilshire Boulevard

Suite 603

Los Angeles, CA 90010-1402

Phone: (213) 381-7450

Fax: (213) 384-1035

 

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)

 

[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[  ] 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))

 

 

 

   

 

 

Item 1.01 Entry into a Material Agreement

 

  (a) Share Exchange Agreement. On December 1, 2017, TraqIQ, Inc. (the “Company”) entered into a Share Purchase Agreement (the “Share Exchange Agreement”) with Ajay Sikka (“Sikka”), the sole shareholder of Transport IQ, Inc. whereby Sikka agreed to sell all of the shares in TransportIQ, Inc. in exchange for $18,000, in the form of cancellation of all of the debt of TransportIQ, Inc. that is owed to the Company. The transaction became effective upon the execution of the Share Exchange Agreement by Sikka and the Company; and Transport IQ, Inc, is now a wholly-owned subsidiary of the Company. Sikka is the Chief Executive Officer of the Company.

 

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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 hereunder duly authorized.

 

Date: February 1, 2018 TRAQIQ, INC.
   
  /s/ Ajay Sikka
  Ajay Sikka
  Chief Executive Officer

 

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ITEM 9.01 EXHIBITS

 

Exhibit

Number

  Description
     
10.1  

Stock Purchase Agreement dated December 1, 2017

 

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