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Auto Parts 4 Less reports additional debt conversion; stock jumps

Mar. 18, 2024 12:24 PM ETAuto Parts 4Less Group, Inc. (FLES) StockBy: Arundhati Sarkar, SA News Editor
  • Auto Parts 4 Less (OTCPK:FLES) Monday said that it has converted $461,450k of debt into common stock, with a two-year lockup period, as part of its ongoing efforts to improve its financial position.
  • The conversion of debt to common stock not only reduces the company's liabilities but also aligns the interests of Auto Parts 4 Less and its creditors for the future.
  • FLES is +24.93% to $0.0421
  • Source: Press Release

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