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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 4, 2024

 

Commission File Number 000-55089

 

AUTO PARTS 4LESS GROUP, INC.

(Exact name of small business issuer as specified in its charter)

 

Nevada   90-1494749
(State or other jurisdiction
of incorporation or organization)
  (I.R.S. Employer
Identification No.)

 

106 W. Mayflower, North Las Vegas, NV 89030

(Address of principal executive offices)

 

(702) 267-6100

(Issuer’s telephone number)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Not applicable.        

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


 

Item 7.01 Regulation FD Disclosure.

 

On March 4, 2024, Auto Parts 4 Less Group, Inc., a Nevada corporation (the “Company”), issued a press release announcing the reactivation of LiftKits4Less.com to accelerate revenue growth and diversify offerings. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The furnishing of the press release is not an admission as to the materiality of any information therein. The information contained in the press release is summary information that is intended to be considered in the context of more complete information included in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) and other public announcements that the Company has made and may make from time to time by press release or otherwise. The Company undertakes no duty or obligation to update or revise the information contained in this report, although it may do so from time to time as its management believes is appropriate. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosures.

 

The information in this Item 7.01 of this Current Report on Form 8-K and the press release shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained in this Item 7.01 and in the press release shall not be incorporated by reference into any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.   Description of Exhibit
99.1*   Press release dated March 4, 2024
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

_______

*  Filed herewith.

 

- 2 -


 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Auto Parts 4Less Group, Inc.

   
   
Date: March 4, 2024 By: /s/ Christopher Davenport
    Christopher Davenport, Chief Executive Officer

 

- 3 -


 

Exhibit 99.1

 

FOR IMMEDIATE RELEASE

 

Auto Parts 4 Less Group Inc. Announces the Reactivation of LiftKits4Less.com to Accelerate Revenue Growth and Diversify Offerings

 

Las Vegas, NV – 03/04/2024 – Auto Parts 4 Less Group Inc. (OTC: FLES) (the “Company,” “AutoParts4Less,” “FLES”), a leading online marketplace for automotive parts only, is excited to announce the reactivation of its specialized e-commerce website LiftKits4Less.com. This strategic move is aimed at accelerating the Company’s revenue model and diversifying its product offerings in the US $50 billion jeep, truck, and off-road enthusiast market.

 

Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, “We are thrilled to bring LiftKits4Less.com back into operation as part of our blended revenue model. This decision aligns with our commitment to providing a diverse range of high-quality automotive parts and accessories to our customers. LiftKits4Less.com has been a dominant force in the jeep, truck, and off-road sector, and its reactivation is a testament to our dedication to growth and innovation.”

 

LiftKits4Less.com, originally launched in 2015, quickly became one of the leading suspension websites in the world, featuring iconic brands and manufacturers of suspension lift kits. In addition to suspension products, the website offers a wide range of aftermarket brands, catering to the needs of off-road enthusiasts.

 

In 2021, LiftKits4Less grossed $16 million in revenue across all e-commerce channels. However, the company faced significant covid related challenges due to supply chain disruptions resulting in a 25% cancelation rate and a significant and ongoing diminution in sales levels through the current time. With COVID supply chain and other issues now resolved, the Company is confident in the success of the LiftKits4Less.com model and its ability to fulfill orders promptly and increase revenues.

 

Auto Parts 4 Less Group Inc. remains committed to growing its revenue and working towards profitability in the near future. The reactivation of LiftKits4Less.com is a key component of the Company’s strategy to achieve these goals.

 

For more information about Auto Parts 4 Less Group Inc. and LiftKits4Less.com, please visit www.AutoParts4LessGroup.com and www.LiftKits4Less.com.

 

About Auto Parts 4 Less Group Inc.

 

Auto Parts 4 Less Group Inc. (OTC: FLES) is a leading online marketplace for automotive parts, operating AutoParts4Less.com and LiftKits4Less.com. The Company is dedicated to providing a diverse range of high-quality automotive parts and accessories to customers in the jeep, truck, and off-road enthusiast market. With a focus on growth and innovation, Auto Parts 4 Less Group Inc. aims to be a top destination for automotive parts and accessories.

 

Forward-Looking Statements

 

This press release may contain forward-looking statements that involve risks and uncertainties. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. Industry data provided herein is of no predictive value regarding the future sale of the Company’s products. No information in this press release should be construed as any indication whatsoever of the Company’s future financial results, revenues, or stock price.

 

Contact:

 

Christopher Davenport, CEO

Auto Parts 4 Less Group Inc.

Email: investorrelations@ap4less.com

 


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