Current Report Filing (8-k)
November 06 2020 - 4:11PM
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): November
2, 2020
VPR BRANDS, LP
(Exact name of registrant as specified in its
charter)
Delaware
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000-54435
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45-1740641
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(State or other jurisdiction of
incorporation or organization)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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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):
[ ]
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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))
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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
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N/A
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N/A
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N/A
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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. [ ]
Item 1.01.
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Entry into a Material Definitive Agreement.
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On November 2, 2020, VPR Brands, LP (the “Company”)
issued a promissory note in the principal amount of $100,001 (the “Note”) to Kevin Frija and Dan Hoff. Mr. Frija is
the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman
of the Board, and a significant stockholder of the Company. Mr. Hoff is the Company’s Chief Operating Officer. The principal
amount due under the Note bears interest at the rate of 24% per annum, and the Note permits Messrs. Frija and Hoff to deduct one
ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued
interest is repaid. Any unpaid principal amount and any accrued interest is due on November 2, 2021. The Note is unsecured.
The foregoing description of the Note does
not purport to be complete and is qualified in its entirety by reference to the Note, a copy of which is filed as Exhibit 10.1
to this Current Report on Form 8-K and which is incorporated herein by reference.
Item 2.03.
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Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
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The information provided above in Item 1.01
above is incorporated by reference into this Item 2.03.
Item 9.01
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Financial Statements and Exhibits
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(d) Exhibits
Exhibit
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Number
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Description
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10.1
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Promissory Note dated November 2, 2020 issued by VPR Brands, LP to Kevin Frija and Dan Hoff.
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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: November 6, 2020
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VPR BRANDS, LP
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By:
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/s/ Kevin Frija
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Chief Executive Officer and Chief Financial Officer
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