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): August 31, 2023
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 August 31, 2023, Auto Parts 4 Less Group, Inc., a Nevada corporation
(the “Company”), issued a press release announcing announced an extended warranty program. 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. |
(d) Exhibits.
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: August 31, 2023 |
By: |
/s/ Christopher Davenport |
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Christopher Davenport, Chief Executive Officer |
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Exhibit 99.1
Auto Parts 4Less Group Expands Revenue Strategy with the Launch of New
Parts Replacement Plan
FOR IMMEDIATE RELEASE August 31, 2023 – Las Vegas, NV - Auto Parts
4Less Group, Inc. (OTC Pink: FLES) (the “Company,” “Auto Parts4Less,” “FLES”) – the operator
of AutoParts4Less.com, a specialized automotive parts marketplace, is excited to unveil its latest offering - a Parts Replacement Program.
Since its inception in November 2022, AutoParts4Less has revolutionized
the auto parts industry by seamlessly connecting trusted enterprise sellers directly with consumers and installation centers. The platform
currently boasts 5.7 million products, 8000+ brands, and 3000 categories, attracting some of the largest automotive parts sellers in the
US. With its robust technology foundation, the platform efficiently handles millions of API calls, integrating seamlessly with partners
like Channel Advisor SureDone and interfaces like WooCommerce and Adobe Commerce. This allows sellers to effortlessly update products,
pricing, and inventory without migrating from their familiar ecosystems.
"Our vision from the start was to create a double-sided marketplace
that added immense value to both sellers and buyers. We’re thrilled with how much we’ve grown, but our focus has always been
on how we can enhance the buying experience and provide more value," said Christopher Davenport, CEO Auto Parts 4Less Group Inc.
"Our new Parts Replacement Plan is a testament to this commitment."
The newly rolled out Parts Replacement Plan allows buyers to add an additional
coverage on top of the manufacturer's warranty. A standout feature of this offering is that $0.70 of every dollar from the Parts Replacement
Plan is pure profit, directly benefiting the Company's bottom line.
As a publicly-traded company under the ticker FLES on the OTC markets,
Auto Parts 4Less is working diligently towards achieving profitability and providing immense value to its stakeholders. The Company operates
on a take model, earning 10% on every transaction, only profiting when sellers succeed on the platform.
"AutoParts4Less continues to lead from the front, driving innovation
and ensuring stakeholders in the auto parts industry benefit from our initiatives. We have our eyes set on the future, and with offerings
like the new Parts Replacement Plan, we are reinforcing our promise to both our sellers and buyers," concluded Mr. Davenport.
For more details about the Parts Replacement Plan or to explore the wide
range of automotive parts on offer, visit www.autoparts4less.com.
About Auto Parts 4Less Group, Inc.
Auto Parts 4Less Group, Inc. entered the online auto parts business in
2015, selling lift kits and other aftermarket accessories for Jeeps, Trucks, and SUVs on eBay and Amazon. In early 2020, the Company began
developing AutoParts4Less.com as a multi-seller enterprise-level marketplace dedicated to consolidating the $500 billion annual aftermarket
automotive parts industry, including cars, trucks, boats, motorcycles, and RVs, on a single platform. AutoParts4Less.com officially launched
with around 2 million parts from over 25 parts sellers in November 2022.
For more information about Auto Parts 4Less Group, Inc., please visit www.AutoParts4LessGroup.com
Contact
Christopher Davenport, CEO
Auto Parts 4Less Group Inc
Email: investorrelations@ap4less.com
Forward Looking Statements
This information contains certain forward-looking statement: These statements
are identified by the use of the words “could”, “believe”, “anticipate”, “intend”, “estimate”,
“expect”, “may”, “continue”, “predict”, “potential”, “possible,”
“project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements
speak only as of the date of this presentation. You should not place undue reliance on these forward-looking statements. Although we believe
that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we
can give no assurance that these plans, objectives, expectations or intentions will be achieved.
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.
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