Auto Parts 4Less Group & subsidiary assign all assets for creditor benefit; CEO resigns

Auto Parts 4Less Group, Inc.

On Jan 30, 2025, company and subsidiary entered Assignment for Benefit of Creditors to AP4L ABC LLC, managed by Stone Blossom Capital, for liquidation.
CEO and sole director Christopher Davenport resigned effective Jan 30, 2025; will assist assignee with transition.
Assignee will marshal and liquidate all assets, distribute proceeds to creditors under California law.
The assignment effectively ceases business operations and is a common law assignment for general creditor benefit.

item 1.03 item 5.02 item 9.01

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Departed

Christopher Davenport

Chief Executive Officer

Auto Parts 4Less Group, Inc.

Effective: 2025-01-30
Filed: February 5, 2025, 6:59 PM ET

On January 30, 2025, Christopher Davenport resigned from the Board of Directors and as Chief Executive Officer of both Assignors effective contemporaneous with the execution of the Assignments and effectuation of the Assignments.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher Davenport resigned as Chief Executive Officer at Auto Parts 4Less Group, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On January 30, 2025, Christopher Davenport resigned from the Board of Directors and as Chief Executive Officer of both Assignors effective contemporaneous with the execution of the Assignments and effectuation of the Assignments.

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Source: SEC EDGAR

accession 0001477932-25-000717

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