10/14/2025 | Press release | Distributed by Public on 10/14/2025 13:39
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 14, 2025, Transuite.Org Inc. (the "Company") obtained written consent by the holders of the majority of the voting power of the Company's capital stock approving the adoption of the Company's 2025 Stock Incentive Plan (the "Plan"). The Plan allows the Board of Directors of the Company to grant incentive stock options, nonqualified stock options and restricted stock awards to officers, directors, employees and consultants of the Company. At the time of consent, there were Seven Million (7,000,000) shares of common stock of the Company reserved for issuance under the Plan.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The information set forth in Item 5.02 of this Current Report on Form 8-K is incorporated herein by reference.