secwatch.observer — SEC 8-K summary
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Issuer:     Starco Brands, Inc. (STCB)
CIK:        0001539850
Form:       8-K
Filed at:   2021-09-21T23:59:59+00:00
Accession:  0001437749-21-022452
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starco Brands subsidiary licenses Cardi B IP for Whipshots vodka-infused whipped cream; minimum royalty $3.3M
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- Whipshots LLC, majority-owned by Starco Brands, entered License Agreement with Washpoppin Inc. for Cardi B's intellectual property.
- Minimum royalty commitment of $3,300,000 aggregate, contingent on Licensor satisfying obligations.
- Cardi B will attend events, media interviews, participate in product development, and promote via social media.
- Press release announces Whipshots launch later in 2021; a non-dairy, vodka-infused whipped cream targeting spirits market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1539850/000143774921022452/0001437749-21-022452-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1539850/000143774921022452/stcb20210920_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-022452

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer