WARPSPEED TAXI INC.

Warpspeed TAXI Inc.

Shell Companies Financial Services Nairobi, Kenya WRPT (PNK)
Quarter: Q4 2025 Reported: October 22, 2025 Sentiment: Positive

Ulixe Corp., a development stage company, engages in the development of ride-hailing and food delivery computer and mobile device application in the United States. The company was formerly know as WarpSpeed Taxi Inc. and change its name to Ulixe Corp. in August 2025. The company was incorporated in 2020 and is based in Nairobi, Kenya. As of June 13, 2025, Ulixe Corp. operates as a subsidiary of Ulixe One Corp.

Analysis Summary

Ulixe Corp. has executed a pivotal strategic move by acquiring Ulixe Italy S.r.l. through its subsidiary, Warpspeed Italy S.r.l., for a purchase price of €3.15 million. The acquisition, effective October 16, 2025, sees Warpspeed Italy gaining full ownership of Ulixe Italy from Ulixe Holding, GmbH, which is also the parent company of Ulixe Corp.'s majority shareholder. Ulixe Italy is a holding company with operating subsidiaries (Dale Consulting, Ulixe Nova, ScientificWare, and Gimagest) that provide a comprehensive suite of IT consulting and services across Europe. These services range from strategic consulting for core banking clients and data security to cloud solutions, AI integration, critical infrastructure management, and logistics automation. The purchase price of €3.15 million will be paid by Warpspeed Italy over time, with the final payment due by December 31, 2027. A subsequent merger of Warpspeed Italy into Ulixe Italy is anticipated within approximately 45 days, with Ulixe Italy continuing as a wholly-owned subsidiary of Ulixe Corp., streamlining operational structure. This transaction significantly expands Ulixe Corp.'s capabilities and market presence in the European IT sector. In conjunction with the acquisition, Ulixe Corp. is changing its fiscal year end from July 31 to December 31, effective immediately, to harmonize with Ulixe Italy's fiscal calendar, which is expected to streamline financial reporting and operational alignment. While this 8-K filing does not contain typical earnings call metrics such as revenue or EPS, it highlights a clear strategic direction towards growth in specialized IT services. Management's commentary, though limited to the filing, implies confidence in the strategic benefits of integrating Ulixe Italy's specialized IT offerings. Key risk factors identified include liquidity and the trading market for the common stock following the transaction, costs associated with the transaction, uncertainties of cash flows and inability to meet working capital needs, and the possible failure to realize certain benefits of the transaction. The company also disclaims any obligation to update forward-looking statements.

Key Highlights

  • Ulixe Corp.'s subsidiary, Warpspeed Italy S.r.l., acquired Ulixe Italy S.r.l. for €3.15 million.
  • The acquisition expands Ulixe Corp.'s presence in European IT consulting and services, including custom software, system integration, and digital transformation.
  • Ulixe Italy's operating subsidiaries specialize in diverse IT areas, from banking solutions to AI integration and logistics automation.
  • A merger of Warpspeed Italy into Ulixe Italy is planned, with Ulixe Italy surviving as a wholly-owned subsidiary of Ulixe Corp.
  • Ulixe Corp. changed its fiscal year end from July 31 to December 31 to align with Ulixe Italy's reporting cycle.
  • The purchase price of €3.15 million will be paid over time, with the final payment due by December 31, 2027.

Financial Metrics

eps
N/A
YoY: Not reported in this acquisition filing.
revenue
N/A N/A
YoY: Not reported in this acquisition filing.
guidance
net income
N/A N/A
YoY: Not reported in this acquisition filing.
purchase price
3.15 million EUR

Stock Performance (90 Days)

Data through Dec 26, 2025
Layoff Events
Earnings Calls

Positive Signals

  • Strategic acquisition expanding into a growing IT services market.
  • Diversification of services through specialized subsidiaries of Ulixe Italy.
  • Alignment of fiscal years indicates a commitment to seamless integration.
  • Clear plan for post-acquisition merger to streamline operations and achieve synergies.

Risks & Concerns

  • Liquidity and the trading market for the common stock of the Company following the Transaction.
  • Costs associated with the Transaction.
  • Uncertainties of cash flows and inability to meet working capital needs.
  • Risks associated with the possible failure to realize certain benefits of the Transaction, including future financial, tax, accounting treatment, and operating results.
  • Many factors that will determine actual results are beyond the Company's ability to control or predict.

Full Transcript

Recent Warpspeed TAXI Inc. News

Stock Price

$0.11
WRPT· PNK
0.00% day

Company Info

Industry
Shell Companies
Sector
Financial Services
Headquarters
Nairobi, Kenya
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Layoff Stats

Layoff Events
0
Total Affected
0

Recent Layoffs

No canonical layoff events recorded for this company.

Financials

Market Cap $25.0M
Cash $8.00