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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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 5, 2022

 

LMP Automotive Holdings, Inc.

(Exact name of registrant as specified in its charter)

  

Delaware   333-236260   82-3829328
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation)       Identification No.)

 

500 East Broward Blvd., Suite 1900, Ft. Lauderdale, Florida   33394
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (954) 895-0352

 

N/A

Former name or former address, if changed since last report

 

Securities registered or to be registered pursuant to Section 12(b) of the Act.

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 par value per share   LMPX   NASDAQ Capital Market

 

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:

 

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 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

 

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 1.01 Entry into a Definitive Material Agreement.

 

On April 5, 2022, LMP Finance, LLC, a Delaware limited liability company (“LMP Finance”), a wholly-owned subsidiary of LMP Automotive Holdings, Inc., a Delaware corporation (the “Company”) closed on the sale of the Company’s Gulfstream G200 aircraft (the “Aircraft”) contemplated by that certain aircraft sales agreement (as amended, the “Agreement”) with RRGS Holdings LLC, a Delaware limited liability company (“RRGS”) for approximately six million seven hundred thousand dollars ($6,700,000). LMP Finance’s entry into the Agreement was previously reported on the Company’s Current Report on Form 8-K filed on March 16, 2022. The Agreement was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on March 16, 2022 and is incorporated herein by reference.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  LMP AUTOMOTIVE HOLDINGS, INC. 
   
April 5, 2022 By: /s/ Sam Tawfik
  Name:  Sam Tawfik
  Title: President and Chief Executive Officer

 

 

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