Form 8-K - Current report
March 04 2024 - 9:02AM
Edgar (US Regulatory)
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0001438901
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2024-03-04
2024-03-04
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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 |
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90-1494749 |
(State or other jurisdiction
of incorporation or organization) |
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(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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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 |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Not applicable. |
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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.
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* 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.
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Auto Parts 4Less Group, Inc. |
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Date: March 4, 2024 |
By: |
/s/ Christopher Davenport |
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Christopher Davenport, Chief Executive Officer |
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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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