8-K
Starco Brands, Inc. (STCB)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 14, 2020
STARCO BRANDS, INC.
(Exact name of Company as specified in its charter)
| Nevada | 000-54892 | 27-1781753 |
|---|---|---|
| (State or other jurisdiction | (Commission File Number) | (IRS Employer |
| of Incorporation) | Identification Number) | |
| 250 26th Street, Suite 200<br><br><br>Santa Monica, CA 90402<br><br><br>(Address of principal executive offices)<br><br><br><br><br><br>818-260-9370<br><br><br>(Registrant’s Telephone Number) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):
[X] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act [ ]
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ITEM 8.01- OTHER EVENTS
On April 14, 2020, Starco Brands, Inc. (the “Company”) issued a press release providing a shareholder update. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
The information in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements. Words such as “may,” “expect,” “believe,” “anticipate,” “estimate,” “project,” or “continue” or comparable terminology used in connection with any discussion of future events or operating results are forward-looking statements. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this report. All forward-looking statements reflect our present expectation of future events and are subject to a number of important factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
ITEM 9.01- FINANCIAL STATEMENTS AND EXHIBITS.
(D) Exhibits
Exhibit No. Description
99.1 Press release, dated April 14, 2020
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| STARCO BRANDS, INC. | |
|---|---|
| Dated: April 15, 2019 | /s/ Ross Sklar |
| Ross Sklar | |
| President and Chief Executive Officer |
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Exhibit 99.1
FOR IMMEDIATE RELEASE
4/14/2020
Starco Brands, Inc. Shareholder Update
Company's float reaches approximately 5,000,000 shares.
(SANTA MONICA, CA – April 14^th^, 2020) Starco Brands, Inc. (OTCQB I STCB or the “Company”) mission is to create cutting edge and behavior changing consumer technologies and brands while creating safe and environmentally friendly products.
Shares of common stock of Starco Brands, Inc. held by a large number of strategic service providers has become eligible for trading over the last quarter under Rule 144 of the Federal Securities Act of 1933. As of April 14^th^, 2020, the Company's float consists of approximately 5,000,000 shares.
“Having built a significant private company The Starco Group with hundreds of employees through developing products and acquiring many companies, Mr. Sklar, CEO of Starco Brands, feels this public venture is positioned extremely well to develop authentic brands based on sustainable technologies as well as to acquire companies with a similar value set", said Darin Brown, EVP of The Starco Group.
“Having watched Starco Brands, Inc. since shortly after its inception, I’ve been impressed with their unique approach and focus on developing and marketing innovative and sustainable products. While their Breathe™ clean household aerosol technology is timely and innovative, I expect to see similarly exciting products in the days and years ahead”, said Dan Lubeck, founder of Solis Partners, a private equity firm based in Newport Beach, California.
Starco Brands, Inc.’s products include Breathe™, an clean household aerosol cleaning line powered by air and the first in history to be named the EPA’s Safer Choice Partner of the Year, Honu™ Sunscreen, a powered by air, reef safe sunscreen with a patented ratcheting spray arm designed to spray hard to reach areas that was the 2019 recipient of the Product of the Year award from POY and Winona® Popcorn Spray a non-gmo and zero calorie popcorn flavoring spray distributed by Walmart nationwide.
About Starco Brands, Inc.(OTCQB I STCB)
Starco Brands, Inc. in an innovative branded consumer packaged goods company focused on technological innovation that changes the current landscape and our behavior for the better. For more information about Starco Brands, Inc., please visit www.starcobrands.com. www.breathecleaning.com.
Disclaimer
This is not a general solicitation for any investment in securities of Starco Brands, Inc. Starco Brands, Inc. is not currently undergoing any financing—debt or equity—nor does it currently have any plans or internally discussed to undergo any financing, either through a public offering or private placement, in the near future.
Cautionary Note on Forward-Looking Statements
This press release may include forward-looking information and statements within the meaning of federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events. Statements containing the words "may", "could", "would", "should", "believe", "expect", "anticipate", "plan", "estimate", "target", "project", "intend" and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Forward-looking statements are based on management's current belief, as well as assumptions made by, and information currently available to, management. While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to the Company's liquidity, the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, risks associated with the expansion of our business including the implementation of any businesses we acquire, factors discussed in our public filings, including the risk factors included in the Company's most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other periodic reports. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the Securities and Exchange Commission, the Company is under no obligation to publicly update or revise any forward-looking statement after the date of this release whether as a result of new information, future developments or otherwise.
CONTACT:
CONSUMER/TRADE PRESS
Lisa Becker, 888.816.1161
lisa@starcobrands.com
INVESTOR/FINANCIAL PRESS:
Liolios, Sean McGowan
949.574.3860
smcgowan@liolios.com