{"schema_version":"secwatch.filing_event.v1","accession":"0001161697-24-000192","form_type":"8-K","ticker":null,"cik":"0001438901","company_name":"Auto Parts 4Less Group, Inc.","filed_at":"2024-04-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.432408+00:00","generated_at":"2026-06-04T01:19:21.995919+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Auto Parts 4Less locks up ~$15M convertible debt, standstill agreements with key note holders","bullets":["Secured standstill agreements with AJB Capital, Bigger Capital, District 2 Capital, Cove Fund, and Cavalry Fund totaling ~$5M in principal debt.","Total convertible debt of ~$15M locked into preferred shares, common stock with two-year lock-up, or standstill agreements.","CEO states restructuring positions company to attract an anchor investor, driving shareholder value."],"urls":{"canonical":"https://secwatch.observer/filing/0001161697-24-000192","json":"https://secwatch.observer/filing/0001161697-24-000192.json","markdown":"https://secwatch.observer/filing/0001161697-24-000192.md","text":"https://secwatch.observer/filing/0001161697-24-000192.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1438901/000116169724000192/0001161697-24-000192-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1438901/000116169724000192/form_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T01:19:21.995919+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17c28624a21a409f10d4cdb79329f621fa4396fe","claim":"Auto Parts 4Less Group, Inc. entered into Standstill Agreements with Bigger Capital Fund, LP, Cavalry Fund I, LP, District 2 Capital Fund LP, AJB Capital Investments LLC, COVE Funding, LP (effective 2024-03-25).","evidence_excerpt":"On March 25, 2024, Auto Parts 4 Less Group, Inc., a Nevada corporation (the “Company”), entered into Standstill Agreements with Bigger Capital Fund, LP, Cavalry Fund I, LP and District 2 Capital Fund LP.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1438901/000116169724000192/0001161697-24-000192-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Bigger Capital Fund, LP, Cavalry Fund I, LP, District 2 Capital Fund LP, AJB Capital Investments LLC, COVE Funding, LP"},{"label":"Effective","value":"2024-03-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}