SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 18, 2020
(Exact name of registrant as specified in
|(State or Other Jurisdiction
9190 W. Olympic Blvd, #32
Beverly Hills, CA 90212
(Address of Principal Executive Office)
(Registrant’s telephone number, including
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:
||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))|
Securities registered pursuant to Section
12(b) of the Act:
|Title of each class
||Name of each exchange on which registered|
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).
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. ☐
Item 1.01 Entry Into
A Material Definitive Agreement
Effective January 18, 2020, Xinda International
Corp. (“XNDA” or the “Company”) (OTCPNK: XNDA) entered into an asset purchase agreement with Tribal Rides,
Inc., a private U.S. based company (“Tribal Rides”), to acquire a digital transportation enablement and enhancement
platform (the “Platform”) which provides fully automated dispatching and bookings management built for taxi companies,
limousine companies and ride-sharing service providers (the “Agreement”). The Platform gives customers an app based
experience while the acquired cloud-based Platform, provides service providers a range of functions which include customer booking,
accounts management, driver tracking, real-time notifications, auto dispatching algorithms, accounting and settlements, corporate
account management as well as providing reporting and analytics. The Platform has also shown to have a direct application in the
B2B space in providing corporations with a more efficient taxi chit solution to combat fraud and excessive administration costs.
exchange for the acquisition of the Platform from Tribal Rides, the Company will be providing as consideration the equivalent of
approximately eighty-three percent (83%) of the issued and outstanding non-registered shares in the common stock of the Company.
above descriptions of the Agreement is qualified in its entirety by reference to the form of such document attached as Exhibit
4.1 to this Current Report on Form 8-K.
Item 9.01 Financial
Statement and Exhibits.
* The copies of the Agreement filed herewith have been redacted to remove certain confidential information. We intend to file a confidential treatment request with the Commission regarding this information.
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.
||XINDA INTERNATIONAL CORP.
|Date: February 19, 2020
||/s/ Joe Grimes
||Name: Joe Grimes
||Title: Chief Executive Officer