---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-25-000993"
form_type: "8-K"
ticker: "ALDS"
cik: "0001755101"
company_name: "APPlife Digital Solutions Inc"
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T01:36:42.817851+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Applife Digital Solutions completes acquisition of Sugar Auto Parts; new CEO and CFO appointed

## Summary
- Acquired all equity of Sugar Auto Parts on June 13, 2025 for 240M restricted common shares, Series A/B/C preferred, and $300k cash from Sugar ($150k at close, $150k within 95 days).
- Matthew Reid resigned as CEO, CFO, Secretary (remains director); Michael Hill appointed CEO & Chairman; Barrett Evans appointed CFO & director.
- Sugar operates SugarAutoParts.com (6M products, 400 sellers) and LiftKits4Less.com (115k products).
- Company amended articles to designate Series A, B, C, D preferred stock on May 29, 2025.

## SEC filing metadata
- accession: 0001096906-25-000993
- form_type: 8-K
- ticker: ALDS
- cik: 0001755101
- company_name: APPlife Digital Solutions Inc
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.02, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755101/000109690625000993/0001096906-25-000993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755101/000109690625000993/alds-20250613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-25-000993
- JSON: https://secwatch.observer/filing/0001096906-25-000993.json
- Plain text: https://secwatch.observer/filing/0001096906-25-000993.txt

## Key facts
- Executive change
  Michael Hill was appointed as Chief Executive Officer and Chairman of the Board at APPlife Digital Solutions Inc.
  - Action: elected and appointed
  - Role: Chief Executive Officer and Chairman of the Board
  source text: That same day Michael Hill was elected and appointed as Chief Executive Officer and as the Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625000993/0001096906-25-000993-index.htm
- Executive change
  Matthew Reid resigned as Chief Executive Officer, Chief Financial Officer, Secretary at APPlife Digital Solutions Inc.
  - Action: resigned
  - Role: Chief Executive Officer, Chief Financial Officer, Secretary
  source text: On June 13, 2025, Matthew Reid submitted to the Board of Directors (the “Board”) his resignation as Chief Executive Officer, Chief Financial Officer, Secretary and any other offices held of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625000993/0001096906-25-000993-index.htm
- Executive change
  Barrett Evans was appointed as Chief Financial Officer and Director at APPlife Digital Solutions Inc.
  - Action: elected and appointed
  - Role: Chief Financial Officer and Director
  source text: On June 13, 2025, the Board of the Company elected and appointed Barrett Evans as Director and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625000993/0001096906-25-000993-index.htm
- Governance Changes
  APPlife Digital Solutions Inc: Amended Articles of Incorporation and filed certificates of designation creating Series A, Series B, Series C and Series D Preferred Stock (effective 2025-05-29).
  - Change: charter amendment
  - Effective: 2025-05-29
  source text: On May 29, 2025, in conjunction with the closing of the Agreement as described above and as previously disclosed in the Information Statement on Schedule 14C filed with the Securities and Exchange Commission on April 28, 2025, the Company amended its Articles of Incorporation and filed certificates of designation, designating the rights and preferences of the newly created Series A, Series B, Series C and Series D Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625000993/0001096906-25-000993-index.htm
- M&A Transactions
  APPlife Digital Solutions Inc completed an acquisition involving Sugar Auto Parts, Inc. for 240,000,000 shares of restricted common stock of the Company (closed 2025-06-13).
  - Action: acquisition
  - Counterparty: Sugar Auto Parts, Inc.
  - Consideration: 240,000,000 shares of restricted common stock of the Company
  - Closing: 2025-06-13
  source text: into with Sugar Auto Parts, Inc., a Nevada corporation (“Sugar”) on April 25, 2025. Pursuant to the Agreement, Company acquired all the equity interests in Sugar in exchange for 240,000,000 shares of restricted common stock of the Company. Additionally, the Company issued 15,000 shares of a newly designated class of Series A preferred stock, 4,500 shares of a newly
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755101/000109690625000993/0001096906-25-000993-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.