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CarParts.com, Inc. – ‘8-K’ for 8/5/21

On:  Thursday, 8/5/21, at 4:39pm ET   ·   For:  8/5/21   ·   Accession #:  1378950-21-30   ·   File #:  1-33264

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  As Of               Filer                 Filing    For·On·As Docs:Size

 8/05/21  CarParts.com, Inc.                8-K:2,8,9   8/05/21   11:595K

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     31K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML    122K 
 7: R1          Document and Entity Information                     HTML     47K 
 9: XML         IDEA XML File -- Filing Summary                      XML     12K 
 6: XML         XBRL Instance -- prts-20210805x8k_htm                XML     15K 
 8: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 4: EX-101.LAB  XBRL Labels -- prts-20210805_lab                     XML     46K 
 5: EX-101.PRE  XBRL Presentations -- prts-20210805_pre              XML     31K 
 3: EX-101.SCH  XBRL Schema -- prts-20210805                         XSD     12K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               11±    17K 
11: ZIP         XBRL Zipped Folder -- 0001378950-21-000030-xbrl      Zip     42K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX:   C:   C:   C:   C:   C: 
 i 0001378950 i false00013789502021-05-182021-05-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM  i 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)  i August 5, 2021

Graphic

 i CARPARTS.COM, INC.

(Exact name of registrant as specified in its charter)

 i Delaware

 i 001-33264

 i 68-0623433

(State or other jurisdiction of
incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

 i 2050 W. 190th Street,  i Suite 400,  i Torrance,  i CA  i 90504

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code ( i 424)  i 702-1455

N/A

(Former name or former address, if changed since last report)

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:

 i     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 i     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 i     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 i     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

 i Common Stock, $0.001 par value per share

 i PRTS

 i The NASDAQ Stock Market LLC

(NASDAQ Global Market)

Indicate by check mark whether the registrant is an emerging growth company as defined 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  i 

If an emerging growth company, indicate by check mark 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 2.02. Results of Operations and Financial Condition.

On August 5, 2021, CarParts.com, Inc. (the Company) issued a press release announcing its financial results for the second quarter ended July 3, 2021. A copy of the press release is furnished herewith as Exhibit 99.1.

The information contained in Item 2.02 and in Item 9.01 and in Exhibit 99.1 attached to this report is being furnished to the Securities and Exchange Commission and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liability of that Section, or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language contained in such filing.

Item 8.01. Other Events.

On July 27, 2021, the Company’s Board of Directors authorized a new stock repurchase program under which the Company may purchase up to $30 million of the Company’s common stock. Repurchases may be made in the open market, through block trades or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Commission. The amount and timing of repurchases will depend upon market conditions and other corporation considerations. The repurchased shares will be held as treasury stock and will be available for general corporate purposes. The stock buyback program has an expiration date of July 26, 2024 and may be terminated or amended by the Board at any time prior to the expiration date. A copy of the press release that included the announcement of the stock repurchase program is furnished herewith as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

   

Description

99.1

Press Release, dated August 5, 2021, of CarParts.com, Inc.

104

Cover Page Interactive Data File the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

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.

Dated: August 5, 2021

CARPARTS.COM, INC.

By:

/s/ David Meniane

Name:

David Meniane

Title:

Chief Financial Officer and Chief Operating Officer


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
7/26/24
Filed on / For Period end:8/5/2110-Q
7/27/214,  8-K
7/3/2110-Q
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/20/22  CarParts.com, Inc.                S-8         1/20/22    3:79K                                    Broadridge Fin’l So… Inc
12/21/21  CarParts.com, Inc.                424B5                  1:609K                                   Broadridge Fin’l So… Inc
11/22/21  CarParts.com, Inc.                S-8        11/22/21    4:121K                                   Broadridge Fin’l So… Inc
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