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 24, 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 24, 2023, Auto Parts 4 Less Group, Inc.,
a Nevada corporation (the “Company”), issued a press release announcing announced the launch of the Company’s
innovative B2B portal. 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 24, 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 ANNOUNCES LAUNCH OF B2B
PORTAL
FOR IMMEDIATE RELEASE August 24, 2023 – Las Vegas, NV - Auto
Parts 4Less Group, Inc. (OTC Pink: FLES) (the “Company,” “AutoParts4Less,” “FLES”) – the
operator of AutoParts4Less.com, a specialized automotive parts marketplace, is pleased to announce the launch of its innovative B2B
portal. This momentous achievement signifies an unparalleled opportunity for install centers, dealerships, car businesses, and other
business entities in the automotive domain across the United States to register and tap into a vast ecosystem of wholesale
automotive parts.
Christopher Davenport, CEO of the Company, stated, “This is not just
an addition to our platform; it’s a paradigm shift. With our B2B portal, we’re inviting businesses to connect directly with a large roster
of manufacturers offering substantial discounts. What sets us apart is our unique double-sided marketplace dedicated exclusively to the
automotive parts industry.”
AutoParts4Less stands out in a disjointed industry, with a total
market size of $500 billion in the U.S.1 Currently, a mere 10% of this market operates online, and with this launch, the
Company aims to considerably enhance this percentage. What makes this portal distinctive is its comprehensiveness. From car parts,
truck components, electric to combustion, marine, heavy-duty truck parts – it’s an all-encompassing hub for every
conceivable automotive parts requirement.
A noteworthy highlight of the B2B program is its cost-efficiency. Unlike
competitors, AutoParts4Less’s B2B Portal is entirely free for install centers. “There’s no catch and no hidden fees. Our primary
focus is to ensure businesses reap significant savings and gain access to renowned aftermarket brands,” added Mr. Davenport. Brands
partnering with AutoParts4Less include industry giants such as Fox, BDS Suspension, Daystar, Rev Tech, Toy Tech, Scorpion, Tuff Country,
and countless others.
The platform’s integrity is unparalleled. Unlike generic marketplaces where
any seller can list products, AutoParts4Less.com prides itself on its stringent vetting process. “We ensure that our buyers, whether
consumers or businesses, are engaging with trusted sellers, most of whom are manufacturers. It’s a trusted marketplace experience
that we aim to deliver,” explained Davenport.
A glance at the Company’s trajectory reveals its impressive scale. Since
its inception in November, AutoParts4Less boasts 5.7 million products spanning over 8,000 brands across 3,000 categories.
Lastly, Mr. Davenport, stated, “I want to extend my heartfelt appreciation
to our incredible team for making this possible. The portal is now live, and we wholeheartedly invite install centers nationwide to become
a part of this revolutionary venture.”
As AutoParts4Less forges ahead, its core mission remains unwavering: to
consistently deliver unmatched value to both the supply and demand sides of the automotive parts industry.
For businesses eager to sign up please visit https://www.autoparts4less.com/become-wholesale-buyer
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1 https://hedgescompany.com/blog/tag/aftermarket-industry-statistics/
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 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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