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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): 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   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 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.

 

Exhibit No. Description
99.1 Press release dated August 31, 2023
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

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: August 31, 2023 By: /s/ Christopher Davenport
    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.

 

- 2 -


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