---
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"
generated_at: "2026-06-04T01:19:21.995919+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Auto Parts 4Less locks up ~$15M convertible debt, standstill agreements with key note holders

## Summary
- 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.

## SEC filing metadata
- accession: 0001161697-24-000192
- form_type: 8-K
- cik: 0001438901
- company_name: Auto Parts 4Less Group, Inc.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001161697-24-000192
- JSON: https://secwatch.observer/filing/0001161697-24-000192.json
- Plain text: https://secwatch.observer/filing/0001161697-24-000192.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Counterparty: Bigger Capital Fund, LP, Cavalry Fund I, LP, District 2 Capital Fund LP, AJB Capital Investments LLC, COVE Funding, LP
  - Effective: 2024-03-25
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1438901/000116169724000192/0001161697-24-000192-index.htm

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