Yuengling's Ice Cream Files 8-K

TL;DR

Yuengling's Ice Cream filed an 8-K on 4/15/24 for a material agreement.

AI Summary

Yuengling's Ice Cream Corporation filed an 8-K on April 15, 2024, reporting an entry into a material definitive agreement and financial statements. The filing date indicates the report was submitted on April 15, 2024, with the earliest event reported on April 9, 2024. The company, incorporated in Nevada, is listed under the SIC code 7389 for Business Services, NEC.

Why It Matters

This filing indicates a significant corporate event or agreement for Yuengling's Ice Cream Corporation, requiring disclosure to investors.

Risk Assessment

Risk Level: low — The filing is a standard corporate disclosure (8-K) and does not inherently signal significant financial distress or unusual risk.

Key Numbers

• 00-53450 — Commission File Number (Identifier for the company's SEC filings)
• 47-5386867 — IRS Employer Identification No. (Company's tax identification number)

Key Players & Entities

• Yuengling's Ice Cream Corporation (company) — Registrant
• 0001829126-24-002524 (filing_id) — Accession Number
• 20240415 (date) — Filing Date
• 20240409 (date) — Earliest Event Reported Date
• 7389 (sic_code) — Standard Industrial Classification
• 471893698 (tax_id) — IRS Number
• NV (jurisdiction) — State of Incorporation
• 404-885-6045 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, Par Value $0.001 YCRM OTC Forward-Looking Statemen
• $121,413 — f Singer to the Company in exchange for $121,413, which was paid by ReachOut to Seller a
• $1 — e of which shall have a stated value of $1.00, (the "Preferred Shares"). The Prefe

Filing Documents

• yuenglingsice_8k.htm (8-K) — 40KB
• yuenglingsice_ex10-1.htm (EX-10.1) — 114KB
• 0001829126-24-002524.txt ( ) — 350KB
• ycrm-20240409.xsd (EX-101.SCH) — 3KB
• ycrm-20240409_lab.xml (EX-101.LAB) — 33KB
• ycrm-20240409_pre.xml (EX-101.PRE) — 22KB
• yuenglingsice_8k_htm.xml (XML) — 3KB

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K and other written and oral statements made from time to time by us may contain so-called "forward-looking statements," all of which are subject to risks and uncertainties. Forward-looking statements can be identified by the use of words such as "expects," "plans," "will," "forecasts," "projects," "intends," "estimates," and other words of similar meaning. One can identify them by the fact that they do not relate strictly to historical or current facts. These statements are likely to address our growth strategy, financial results and product and development programs. One must carefully consider any such statement and should understand that many factors could cause actual results to differ from our forward-looking statements. These factors may include inaccurate assumptions and a broad variety of other risks and uncertainties, including some that are known and some that are not. No forward-looking statement can be guaranteed and actual future results may vary materially. Information regarding market and industry statistics contained in this Current Report on Form 8-K is included based on information available to us that we believe is accurate. It is generally based on industry and other publications that are not produced for purposes of securities offerings or economic analysis. We have not reviewed or included data from all sources, and cannot assure investors of the accuracy or completeness of the data included in this Current Report. Forecasts and other forward-looking information obtained from these sources are subject to the same qualifications and the additional uncertainties accompanying any estimates of future market size, revenue and market acceptance of products and services. We do not assume any obligation to update any forward-looking statement. As a result, investors should not place undue reliance on these forward-looking statements.

01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

ITEM 1.01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT Asset Purchase Agreement with Singer Networks L.L.C. On April 8, 2024, ReachOut Technology Corp. ("ReachOut"), a wholly-owned subsidiary of Yuengling's Ice Cream Corporation (the "Company" or "YCRM") entered into an Asset Purchase Agreement (the "Asset Purchase Agreement") with Singer Networks L.L.C., an Illinois limited liability company ("Singer"), pursuant to which Lisa Singer, (the sole member of Singer) agreed to sell 100% of the assets of Singer to the Company in exchange for $121,413, which was paid by ReachOut to Seller at Closing on April 9, 2024, and 750,000 newly created preferred shares in the Company, each share of which shall have a stated value of $1.00, (the "Preferred Shares"). The Preferred Shares shall be issued in book-entry format to Singer within 60 days of the Closing Date. The Preferred Shares shall be subject to a restriction period of 12 months and be convertible into common shares in the Company, all as more particularly set forth in the Certificate of Designation. 1

01 - FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 - FINANCIAL STATEMENTS AND EXHIBITS. Exhibit No. Description 10.1 Asset Purchase Agreement dated April 8, 2023. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2

SIGNATURES

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. Yuengling's Ice Cream Corporation By: /s/ Richard Jordan Richard Jordan, President & CEO Date: April 15, 2024 3

View Full Filing

View this 8-K filing on SEC EDGAR