Current Report Filing (8-k)
July 02 2019 - 12:21PM
Edgar (US Regulatory)
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
Exchange Act of 1934
Date
of Report (Date of earliest event reported):
July 2
, 2019
VPR
BRANDS, LP
(Exact
name of registrant as specified in its charter)
Delaware
|
|
000-54435
|
|
45-1740641
|
(State
or other jurisdiction of
incorporation or organization)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
|
3001
Griffin Road, Fort Lauderdale, FL 33312
(Address
of principal executive offices)
(954)
715-7001
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
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 Instruction 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
|
N/A
|
|
N/A
|
|
N/A
|
Indicate
by check mark whether the registrant is an emerging growth company 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. [ ]
VPR
Brands, LP, a Delaware limited partnership (the “
Registrant
”), is filing this Current Report on Form 8-K to
clarify the number of authorized units stated on the Registrant’s Condensed Balance Sheet included in its Quarterly Report
on Form 10-Q for the fiscal quarter ended March 31, 2019 filed with the Securities and Exchange Commission on May 17, 2019 (the
“
Form 10-Q
”). The Registrant’s Condensed Balance Sheet in the Form 10-Q incorrectly stated that the Registrant
is authorized to issue up to 100 million (100,000,000) limited partnership interests referred to as common units (the “
Common
Units
”). However, under Section 5.6 of the Registrant’s partnership agreement, dated September 19, 2009, as amended
(the “
Partnership Agreement
”), the Registrant is authorized to issue an unlimited number of additional partnership
interests for the consideration and on the terms and conditions determined by Soleil Capital Management LLC, the Registrant’s
General Partner, without the approval of the unitholders. Also, in accordance with the Delaware Limited Partnership Act and the
provisions of the Partnership Agreement, the Registrant may also issue additional partnership interests that, as determined by
its General Partner, may have rights to distributions or special voting rights to which the Common Units are not entitled. The
Common Unitholders do not have preemptive rights under the Partnership Agreement to acquire additional Common Units or other partnership
interests. The foregoing descriptions of the Partnership Agreement and the First Amendment thereto, dated September 10, 2015 (the
“First Amendment”), are not complete descriptions of all of the terms of the Partnership Agreement and the First Amendment,
and such descriptions are qualified in their entireties by reference to the Partnership Agreement and the First Amendment, copies
of which are incorporated by reference as Exhibits 3.1 and 3.2, respectively, to this Current Report on Form 8-K.
The
Registrant does not believe that the foregoing clarification is material as to warrant an amendment to the Form 10-Q. The Registrant
will ensure that such disclosure is accurate in future filings.
Also,
the Security Details tab of the Registrant’s company page on the OTC Markets website incorrectly states that the Registrant
is authorized to issue up to 99 billion (99,000,000,000) Common Units. That inaccuracy is due to the fact that the number of authorized
shares is a required filed and defaulted to that number.
Item
9.01
|
Financial Statements and Exhibits.
|
(d)
Exhibits.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated:
July 2, 2019
|
VPR
BRANDS, LP
|
|
|
|
|
By:
|
/s/
Kevin Frija
|
|
|
Kevin
Frija
|
|
|
Chief
Executive Officer and Chief Financial Officer
|
VPR Brands (QB) (USOTC:VPRB)
Historical Stock Chart
From Mar 2024 to Apr 2024
VPR Brands (QB) (USOTC:VPRB)
Historical Stock Chart
From Apr 2023 to Apr 2024