Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or


          Standard, Transfer of Listing



In September 2020, the SEC amended Exchange Act Rule 15c2-11, which primarily governs a broker's ability to submit or publish quotations for securities that trade on the over-the-counter markets. In essence, Rule 15c2-11 prohibits dealers from publishing quotations for over-the-counter securities to quotation mediums without first reviewing certain issuer financial information and ensuring that information is current and publicly available before quoting that security.

Under the amended Rule 15c2-11 (the "Amended Rule"), which took effect on September 28, 2021, current information about an issuer must be publicly available in order for an issuer's security to become quoted initially, and remain quoted, on one of the public markets (the "OTC Markets") operated by the OTC Markets Group. According to guidance from the OTC Markets Group, issuers subject to SEC reporting obligations will satisfy the requirements of the Amended Rule if such issuers are current in their SEC reporting obligations in accordance with the provisions of the Amended Rule. Companies that do not make current information publicly available, and thus do not meet the requirements for ongoing quoting, will be shifted to the OTC Markets Group's "Expert Market." The Expert Market will be available for unsolicited quotes only, meaning broker-dealers may use the Expert Market to publish unsolicited quotes representing limit orders from retail and institutional investors who are not affiliates or insiders of the issuer. Quotations in Expert Market securities are made available to broker-dealers, institutions, and other sophisticated investors. A company relegated to the Expert Market will be able to reapply for listing on the OTC Markets through the filing of a new Form 211 once the Company has made current information available and is in compliance with the Amended Rule. At present, although Tribal Rides International Corp., a Nevada corporation (the "Company"), filed its Annual Report on Form 10-K for the year ended December 31, 2020 on September 27, 2021, and the Quarterly Reports on Form 10-Q for the periods ended March 31, 2021 and June 30, 2021 on September 28, 2021, the Company was shifted to the "Expert Market."

The Company intends to apply for relisting on the OTC Markets through the filing of a new Form 211 as soon as possible.

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