VPRB 8-K
VPR Brands, LP. (VPRB)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01. Entry into a Material Definitive Agreement.
On October 28, 2022, VPR Brands, LP (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) by and between the Company and BRMS, LLC (“BRMS”). Pursuant to the terms of the Purchase Agreement, the Company agreed to sell, and BRMS agreed to purchase, the Company’s right, title and interest in and to $300,000 of the Company’s future receivables, for a purchase price of $250,000.
The Purchase Agreement contains customary representations, warranties and covenants.
The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and which is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit | ||
| Number | Description | |
| 10.1 | Purchase Agreement dated as of October 28, 2022, by and between VPR Brands, LP and BRMS, LLC. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: November 4, 2022 | VPR BRANDS, LP | |
| By: | /s/ Kevin Frija | |
| Kevin Frija | ||
| Chief Executive Officer | ||
2
Exhibit 10.1
