---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-022124"
form_type: "8-K"
ticker: "STCB"
cik: "0001539850"
company_name: "Starco Brands, Inc."
filed_at: "2021-09-15T23:59:59+00:00"
generated_at: "2026-06-29T03:31:51.986692+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Starco Brands unit buys Whipshots/Whipshotz IP from Penguins Fly in revenue-sharing deal

## Summary
- Starco Brands' subsidiary Whipshots LLC acquires trademarks 'Whipshots'/'Whipshotz', domain names, social media from Penguins Fly, LLC.
- Purchase price is sliding-scale % of gross revenues from Whipshots/Whipshotz products over 7-year term; minimum payments (redacted).
- First minimum payment due at closing; 25% of subsequent payments held back until USPTO allowance of Whipshots trademark.
- Seller provides non-compete/non-solicitation covenants; transaction effective August 24, 2021; pricing details filed under confidential treatment.

## SEC filing metadata
- accession: 0001437749-21-022124
- form_type: 8-K
- ticker: STCB
- cik: 0001539850
- company_name: Starco Brands, Inc.
- filed_at: 2021-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539850/000143774921022124/0001437749-21-022124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539850/000143774921022124/stcb20210914_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-022124
- JSON: https://secwatch.observer/filing/0001437749-21-022124.json
- Plain text: https://secwatch.observer/filing/0001437749-21-022124.txt

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