SEC Filing Document

Company: TRIC Global, Inc.
Ticker: 
CIK: 2124122
Filing Type: S-1
Document Type: S-1
Date Filed: 2026-04-01
Accession Number: 0002124122-26-000003
Exchange: 
SIC Code: 8742
SIC Description: Services-Management Consulting Services
URL: https://www.sec.gov/Archives/edgar/data/2124122/000212412226000003/tric_s1.htm

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inception, the Company’s activities have been focused on organizational efforts, initial capitalization, and the development of its core consulting framework and the Connect platform. The Company has not yet generated any revenue and expects to incur operating losses as it completes the rollout of its technology platform. The Company’s ability to continue as a going concern is dependent upon its ability to obtain necessary financing to fund its operations and eventually achieve profitable operations. Management plans to fund its initial operations through the proceeds of its proposed direct public offering. There is no assurance that the Company will be successful in these efforts. These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. Risks and Uncertainties

Management
has evaluated the impact of persistent and evolving geopolitical conflicts, including the ongoing war in Ukraine, heightened tensions
in the Middle East, and related global sanctions and trade disruptions, which is not determinable as of the date of these financial statements.
In addition, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity and debt financing
which may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party
financing being unavailable on terms acceptable to the Company or at all. The financial statements do not include any adjustments that
might result from the outcome of this uncertainty.

NOTE
2 - Significant Accounting Policies

Basis
of Presentation

The
accompanying financial statements are presented in U.S. Dollars and in conformity with accounting principles generally accepted in the
United States of America (“GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”).

Emerging
Growth Company

The
Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as amended (the “Securities
Act”), as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). As an emerging growth company,
the Company is eligible to take advantage of certain exemptions from various reporting requirements that are applicable to other public
companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation
requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its
periodic reports and proxy statements, and exemptions from the requirements of holding a non-binding advisory vote on executive compensation
and shareholder approval of any golden parachute payments not previously approved.

addition, Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided
in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. This allows an emerging growth company
to delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. The Company has
elected to take advantage of this extended transition period and, as a result, the Company’s financial statements may not be comparable
to those of other public companies that comply with new or revised accounting pronouncements as of public company effective dates.

The
Company will remain an emerging growth company until the earliest of (i) the last day of the fiscal year in which the Company has total
annual gross revenue of $1.235 billion or more; (ii) the last day of the fiscal year following the fifth anniversary of the date of the
first sale of the Company’s common equity securities pursuant to an effective registration statement; (iii) the date on which the
Company has issued more than $1.0 billion in non-convertible debt during the previous three years; or (iv) the date on which the Company
is deemed to be a large accelerated filer.

Use
of Estimates

The
preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements
and the reported amounts of expenses during the reporting period.

Making
estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of
a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating
its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ
significantly from those estimates.

Cash
and Cash Equivalents

The
Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents.
The Company had no cash and cash equivalents as of December 31, 2025.

Subscription
Receivable

The
Company records share issuances at the time an agreement is executed and the shares are issued, even if the consideration has not yet
been received. Subscription receivable represents the unpaid portion of the par value of common shares issued to the Company’s
founders.

accordance with SEC reporting requirements and Financial Accounting Standards Board (“FASB”) Accounting Standards Codification
(“ASC”) Topic 505, Equity, the Company reports subscription receivable as a deduction from shareholders’ equity in
the accompanying balance sheet. This presentation reflects the fact that the capital has not yet been contributed to the Company.

The
subscription receivable is expected to be settled in cash. Upon receipt of the consideration, the subscription receivable will be reclassified
to common shares and additional paid-in capital, as applicable. For the purpose of calculating weighted average shares outstanding in
the statement of operations, these shares are treated as outstanding from the date of issuance, as they possess full voting and dividend
rights, notwithstanding the unpaid subscription.

Net
Loss Per Common Share

Net
loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period.
As of December 31, 2025, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or
converted into common shares and then share in the earnings of the Company. As a result, diluted loss per share is the same as basic
loss per share for the period presented.

Revenue
Recognition

May 2014, the FASB issued Topic 606, “Revenue from Contracts with Customers”. This topic clarifies the principles for recognizing
revenue and develops a common revenue standard for U.S. GAAP. Simultaneously, this topic supersedes the revenue recognition requirements
in Topic 605, Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the Codification. The core principle
of the guidance requires an entity to recognize revenue to depict the transfer of promised goods or services to customers in an amount
that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.

The
Company has not generated any revenue since inception.

Table
of Contents

Income
Taxes

The
Company accounts for income taxes under ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires the recognition
of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets
and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally
requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not
be realized.

ASC
740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes
a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected
to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination
by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim
period, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain
tax positions requiring recognition in the Company’s financial statements.

The
Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized
tax benefits and no amounts accrued for interest and penalties as of December 31, 2025. The Company is currently not aware of any issues
under review that could result in significant payments, accruals or material deviation from its position.

There
is currently no taxation imposed on income by the Government of the State of Nevada. In accordance with Nevada Business Corporation Act,
income taxes are not levied on the Company. Consequently, income taxes are not reflected in the Company’s financial statements.

Fair
Value Measurements