Item 1.01 Entry into a Material Definitive Agreement.

On February 13, 2023, Nowtransit Inc, a Nevada corporation. (the "Company") entered into a Share Exchange Agreement (the "Exchange Agreement") with Best Labs, Inc., a Nevada corporation ("Best") and the shareholders of Best signatory thereto who collectively own 9,588,000 shares of Best common stock, or 100% of the outstanding shares of Best common stock. The Exchange Agreement provides that, upon the terms and subject to the conditions set forth therein, the Company will issue the Best shareholders signatory thereto 34,371,100 shares of the Company's common stock, representing approximately 85.39% of the shares of the Company's common stock to be outstanding after giving effect the transactions contemplated by or described in the Exchange Agreement, in exchange for all of the shares of Best common stock held by such AX shareholders (the "Exchange").

Under the Exchange Agreement, prior to the closing of the transaction (the "Closing"), Best has agreed to provide the Company with its audited financial statements, unaudited interim financial statements and all footnotes thereto prepared in accordance with generally accepted accounting principles in the United States, auditor's letters relating to its business, and such other information as may be requested by the Company to prepare and file a Form 10 under the Securities Exchange Act of 1934, which is a condition to the Closing. The parties may terminate the Exchange Agreement if the Closing does not take place on or prior to February 24, 2023 unless the parties agree to extend this date.

As of the Closing, Justin Earl, the Company's Chief Executive Officer, shall resign as an officer of the Company, effective the Closing date, and the nominees of BEST shall, as of the Closing, be appointed as the officers of the Company, with Mr. Darren Lopez, Best's Chief Executive Officer, assuming the position of the Chief Executive Officer of the Company. Justin Earl shall remain on the Company's board of directors; all other directors of the Company, if any, shall resign from the board of directors the Company, the number of directors shall be set at three and Darren Lopez and John Chymboryk shall be appointed as directors of the Company.

The Exchange Agreement contains customary representations and warranties, customary covenants and conditions to Closing and additional conditions to Closing including as described above and as more particularly set forth therein.

The foregoing description of the Exchange Agreement and the transactions contemplated thereby, does not purport to be complete and is qualified in its entirety by reference to the full text of such document, a form of which is filed as Exhibits 10.1 of this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits





(d) Exhibits.



                                                                                       Filed or
                                                       Incorporated by Reference       Furnished
Exhibit #            Exhibit Description             Form       Date        Number     Herewith

  10.1        Form of Share Exchange Agreement                                           Filed
            dated February 13, 2023*
   104      Cover Page Interactive Data File
            (embedded within the Inline XBRL
            document)

* Certain schedules and other attachments have been omitted. The Company

undertakes to furnish the omitted schedules and attachments to the Securities

and Exchange Commission upon request.

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