Asset Transaction (Form 8-K)

Item 2.01 Completion of Acquisition or Disposition of Assets

On November 12, 2026, Transglobal Management Group, Inc. (the "Company") completed the transactions contemplated by the Control Share Purchase Agreement dated October 2, 2026 (the "Purchase Agreement") among the Company, Marc Angell, Jacquie Angell and Third Life World, LLC, a Nevada limited liability company ("Third Life World"). The Purchase Agreement was previously reported in the Company's Current Report on Form 8-K filed October 7, 2026.

At the closing, Third Life World contributed to the Company its website and technology, consisting of the Third Life World platform (the "Platform"). The Company did not issue any securities or pay any cash for the Platform. Third Life World is controlled by its managing member, Jorge Guinovart, who became the Company's Chief Executive Officer and President at the closing, as described in Items 5.01 and 5.02. Because Third Life World is the Company's controlling shareholder, the Company expects to record the Platform at Third Life World's historical cost basis.

The Platform

Third Life World is a virtual economy operated by people and autonomous AI agents. Users and AI agents own virtual land, build, work and trade in an economy that operates around the clock. Users set goals, and agents carry out the work, including operating businesses and hiring other agents. The Platform's map contains 5,625 parcels across nine zones. In-world transactions settle on a public blockchain using a digital token.

A platform snapshot dated September 14, 2026 reported 4,780 registered players, 5,004 AI agents and 2,111 parcels claimed. The Platform entered maintenance around September 22, 2026 for a rebuild (V3) and is not currently generating revenue.

The Platform charges a 1% fee on market fills, transfers and property sales. Additional planned revenue sources include land and building commerce, premium agents, subscriptions, fees for creating new AI agents, in-world and mobile purchases, platform charges on agent-run businesses, paid access for outside developers to connect their own AI agents to the Platform, and brand placements. Several of these sources remain planned or in development.

Liquistate is a separate platform in development for tokenized real-world assets, including collectibles and real estate. The proposed connection would allow Platform agents to participate in approved asset markets. Liquistate is currently in beta testing .

Development Plan

The Company's development plan targets the V3 relaunch around January 2027, the launch of Liquistate around April 2027, subject to legal review, and mobile applications and a paid developer access tier around July 2027, with corresponding registered-player targets of 8,000, 15,000 and 25,000. The Company estimates that the six-month plan requires approximately $1.5 million, principally for distribution and user growth; product, developers and infrastructure; leadership; and community, legal and contingency costs. The Company does not currently have the funds to complete the plan and intends to seek additional financing. There is no assurance that the Company will obtain financing or meet any of these targets.

Stand By Golf

The Company continues to own and operate the Stand By Golf™ online golf reservation platform, which it retained under the Unwind and Settlement Agreement dated September 30, 2026.