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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 26,
2019
LEVEL BRANDS, INC.
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(Exact name of registrant as specified in its charter)
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North Carolina
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001-38299
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47-3414576
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(State or other jurisdiction of incorporation or
organization)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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4521 Sharon Road, Suite 450, Charlotte, NC 28211
(Address of principal executive offices)(Zip Code)
Registrant's
telephone number, including area code: (704) 362-6286
not applicable
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(Former name or former address, if changed since last
report)
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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):
☐
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 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 ☑
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If an
emerging growth company, indicate by checkmark 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. ☐
Item
8.01 Other
Events.
During
April 2019 CBD Industries LLC, a wholly-owned subsidiary of Level
Brands, Inc., continued to expand its sponsorships with agreements
extending into professional sports including:
● on
April 26, 2019 we entered into a sponsorship agreement with BIG3
Basketball LLC as “The Official CBD partner of the
BIG3” and category exclusive partner for the 2019 basketball
season under which cbdMD will also be an exclusive jersey patch
sponsor, will receive exclusive static branding prominently
displayed on each side of the BIG3 basket stanchion arm for all
games, and will receive prominent visibility on the sidelines of
all games; and
● on
April 30, 2019 we entered into a sponsorship agreement with
professional golfer Bubba Watson and beginning at the second major
of the 2019 PGA Tour season, the PGA Championship in Farmingdale,
NY – Watson will feature the cbdMD logo on both sides of his
headwear at all PGA Tour events. The agreement also includes a wide
range of additional, integrated marketing opportunities to promote
the cbdMD brand.
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.
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Level
Brands, Inc.
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Date:
April 30, 2019
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By:
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/s/
Mark S. Elliott
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Mark S.
Elliott, Chief Financial Officer and Chief Operating
Officer
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