AUTO PARTS 4LESS GROUP, INC. Item 1.01 Entry into a Material Definitive Agreement.
On
A Common Stock Purchase Warrant (First Warrant) and Common Stock Purchase Warrant (Second Warrant), under which the Investor is granted the right to purchase up to 900,000 Common Stock Shares of the Company each from the First Warrant and the Second Warrant. The Second Warrant is subject to cancellation upon timely payoff of the Note referenced below.
The First Warrant and the Second Warrant were issued in connection with the
issuance of an 8% Senior Secured Promissory Note in the principal amount of
The First Warrant, Second Warrant, and the Note are subject to the terms of a Securities Purchase Agreement and a Subsidiary Guarantee.
The foregoing is a summary only and does not purport to be a complete description of all of the terms, provisions, and agreements contained in the above-described agreements and are subject to and qualified in their entirety by reference to the full text of the agreements, which are filed herewith as Exhibits 10.1, 10.2, 10.3, and 10.4 and are incorporated into this Item 1.01 by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibit Description
10.1 Common Stock Purchase Warrant (First Warrant) datedNovember 18, 2021 10.2 Common Stock Purchase Warrant (Second Warrant) datedNovember 18, 2021 10.3 Senior Secured Promissory Note datedNovember 18, 2021 10.4 Securities Purchase Agreement datedNovember 18, 2021 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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