Company: TCRG
Filing Date: 2025-05-05
Form Type: 8-K
Source: 0001185185-25-000398
Chunk: 2

Company: Cannaisseur Group Inc.
Filing Date: 2025-05-05
Form: 8-K
Item: Item 8.01
Chunk 2
---
Item
8.01 Other Events

As
announced in the April 30, 2025 press release, the Company has formed a Transition Team to support the execution of the Company’s
strategic transaction as outlined in the previously disclosed Letter of Intent dated April 4, 2025. The proposed transaction contemplates
the acquisition of approximately $35 million in agricultural technology and sensor-based security and networking assets.

The
Transition Team will assist with the evaluation and integration of the anticipated assets, development of operational infrastructure,
support for leadership transition, and coordination of investor relations initiatives. This is a key step toward entering into a definitive
agreement and repositioning the Company as a revenue-generating, asset-backed platform focused on agricultural innovation and sensor-based
technology.

As
part of these efforts, the Company will hold an informational shareholder meeting on Tuesday, May 13, 2025 at 1:30 p. m. Eastern Time,
to provide shareholders with a comprehensive update on the transaction and the Company’s forward strategy. Shareholder voting will
not occur at this meeting.

Item
9.01 Financial Statements and Exhibits.