Company: WRPT
Filing Date: 2025-06-23
Form Type: 10-Q
Source: 0001139020-25-000184
Chunk: 1

Company: ULIXE CORP.
Filing Date: 2025-06-23
Form: 10-Q
Item: Part I, Item 2
Chunk 1
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 any other claims that GCSS has against us. However, we will retain a license for the sole and exclusive use of the WarpSpeed Taxi application in the United States.

Based on our business plan, our WarpSpeedTaxi application is designed to allow customers to hire a standard and luxury motor vehicles via a smartphone or personal computer for both one-way and round-trips with the price based on the distance travelled and the current level of demand for vehicles. In addition to transporting passengers, the application may also be used for deliveries of goods from restaurants, grocery stores, and other businesses that typically utilize local vehicle courier services.

Recent Developments

While the Company has been continuing its business operations regarding the WarpSpeed Taxi application, give its historical lack of profitability, recently it has also been actively evaluating changes to its business plan and considering strategic alternatives. Following such efforts and as previously reported, on June 11, 2025, Ulixe One Corp., a Wyoming corporation (the “ Purchaser”), entered into a stock purchase agreement (the “ Purchase Agreement”) with three stockholders (the “ Sellers”) of the Company pursuant to which the Purchaser agreed to acquire an aggregate of 125,040,000 shares of the Company’s common stock, representing approximately 89% of the Company’s outstanding voting shares, directly from such Sellers (the “ Sale Shares”). One of the Sellers was Mr. Daniel Okelo, the former President, Chief Executive Officer, Chief Financial Officer, principal accounting officer and director of the Company. The closing of the transactions contemplated by the Purchase Agreement was consummated on June 13, 2025 (the “ Closing”). The Purchaser paid an aggregate of $475,000.00 in cash as consideration for the Sale Shares. Pursuant to the Purchase Agreement, effective upon the Closing, the sole director and executive officer of the Company resigned from all positions with the Company and new directors and officers were appointed in his place.

The Purchaser is a privately-held company owned by Ulixe Holding GmbH (“ Ulixe”). Ulixe is affiliated with a group of companies operating from Italy and Switzerland under the Ulixe name (the “ Ulixe Group”). Through the Ulixe Group, Ulixe is an IT consulting and services company specializing in custom software development, system integration, and digital transformation solutions for businesses. The Ulixe Group focuses on technologies like cloud, AI, and data analytics, serving clients across industries including finance, insurance, and public administration. Ulixe intends to explore strategic opportunities