cbdMD, Inc. Files 8-K: Other Events & Financials
Ticker: YCBD · Form: 8-K · Filed: Jan 10, 2025 · CIK: 1644903
| Field | Detail |
|---|---|
| Company | Cbdmd, Inc. (YCBD) |
| Form Type | 8-K |
| Filed Date | Jan 10, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $309,000, $56,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, filing, financials
TL;DR
cbdMD filed an 8-K for other events and financials on Jan 8, 2025.
AI Summary
On January 8, 2025, cbdMD, Inc. filed an 8-K report detailing "Other Events" and "Financial Statements and Exhibits." The filing does not disclose specific new material events or financial figures but serves as a notification of these items being reported.
Why It Matters
This filing indicates that cbdMD, Inc. is providing updates or disclosures related to its financial statements and other significant events, which is crucial for investors to stay informed about the company's status.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of events and financial statements without immediate new material information that would inherently increase risk.
Key Numbers
- 001-38299 — SEC File Number (Identifies the company's filing with the SEC.)
- 47-3414576 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- cbdMD, Inc. (company) — Registrant
- January 8, 2025 (date) — Date of earliest event reported
- North Carolina (jurisdiction) — State of Incorporation
- Level Brands, Inc. (company) — Former Company Name
- LEVEL BEAUTY GROUP, INC. (company) — Former Company Name
FAQ
What specific "Other Events" are being reported by cbdMD, Inc. in this 8-K filing?
The filing indicates "Other Events" as an item being reported, but the specific details of these events are not elaborated upon in the provided text.
Are there any new financial statements or exhibits attached to this 8-K filing?
Yes, "Financial Statements and Exhibits" are listed as an item information for this 8-K filing, indicating their inclusion.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is January 8, 2025.
What was cbdMD, Inc.'s former company name?
cbdMD, Inc. was formerly known as Level Brands, Inc. and LEVEL BEAUTY GROUP, INC.
In which state is cbdMD, Inc. incorporated?
cbdMD, Inc. is incorporated in North Carolina.
Filing Stats: 488 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-08 18:15:41
Key Financial Figures
- $309,000 — balances on such notes by approximately $309,000. The current principal amount outstandi
- $56,000 — ning outstanding notes is approximately $56,000 as of January 8, 2025. The Company issu
Filing Documents
- ycbd20250108_8k.htm (8-K) — 25KB
- ex_763594.htm (EX-99.1) — 8KB
- 0001437749-25-000768.txt ( ) — 181KB
- ycbd-20250108.xsd (EX-101.SCH) — 4KB
- ycbd-20250108_def.xml (EX-101.DEF) — 13KB
- ycbd-20250108_lab.xml (EX-101.LAB) — 17KB
- ycbd-20250108_pre.xml (EX-101.PRE) — 13KB
- ycbd20250108_8k_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. As of January 8, 2025, the Company has issued and outstanding 6,152,841 shares of common stock. To date during January 2025 the Company has issued an aggregate of 609,717 shares of its common stock pursuant to the partial conversion of its outstanding Senior Secured Convertible Notes, reducing the aggregate balances on such notes by approximately $309,000. The current principal amount outstanding on the remaining outstanding notes is approximately $56,000 as of January 8, 2025. The Company issued a press release disclosing the partial note conversions. A copy of the press release is included herewith as Exhibit 99.1, which is incorporated by reference into this Item 8.01.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit 99.1 Press Release dated January 8, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. cbdMD, Inc. Date: January 8, 2025 By: /s/ T. Ronan Kennedy Name: T. Ronan Kennedy Title: Chief Executive Officer and Chief Financial Officer