Auto Parts 4Less Group Inc (FLES)

[JMC$]

LAS VEGAS, April 11, 2024 (GLOBE NEWSWIRE) -- Auto Parts 4 Less Group Inc. (OTC: FLES) ("AutoParts4Less," "the Company"), a technology-driven e-commerce leader in the automotive parts sector, announces investment from RB Capital.
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AutoParts4Less is excited to announce today that it has completed the first tranche of funding from RB Capital Partners, following the successful restructuring of its balance sheet, ahead of its returning as a disruptive force in the auto parts industry, with the focus towards fostering revenue growth and operational expansion.

Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, "We are thrilled to partner with RB Capital in this exciting new chapter for AutoParts4Less. This investment is a testament to the confidence in our vision and the potential of our platform. We are committed to leveraging this partnership to drive value for our shareholders and customers, and to further our mission of disrupting the auto parts industry."

Investment from RB Capital:

RB Capital, under the leadership of Brett Rosen, has agreed to invest in Auto Parts 4 Less Group Inc. This collaboration is expected to provide the necessary resources for the company to achieve its strategic objectives and continue its growth trajectory.

Brett Rosen, Principal of RB Capital, stated: "We are excited to support Auto Parts 4 Less Group Inc. as they continue to innovate and grow. The leadership team, led by Christopher Davenport, has demonstrated a strong commitment to the company's success, and we believe in their ability to lead the industry. We look forward to being a part of Auto Parts 4 Less's journey and contributing to its future achievements."