SEC Filing Summary: Level Brands, Inc. (Now cbdMD, Inc.)
Business Context and Reporting Period
This Form 8-K Current Report was filed on April 22, 2019, by Level Brands, Inc., an emerging growth company incorporated in North Carolina. The report details corporate governance actions approved by shareholders at the annual meeting held on April 19, 2019.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate structural changes rather than financial performance.
Material Changes
- Corporate Name Change: The company filed Articles of Amendment to change its name from "Level Brands, Inc." to "cbdMD, Inc."
- Effective Date: The name change is effective as of May 1, 2019.
- Stock Identification: Concurrent with the name change, the CUSIP number for common stock will change to 12482W 101.
- Trading Symbol: The ticker symbol on the NYSE American will change to "YCBD."
Outlook, Risks, and Management Commentary
Management commentary is limited to the execution of the shareholder-approved name change. The filing does not contain specific guidance, risk factors, contingencies, or unusual items beyond the administrative transition of the corporate identity.
Investor Verification Checklist
- Verify the new ticker symbol "YCBD" on the NYSE American effective May 1, 2019.
- Confirm the updated CUSIP number 12482W 101 for trading and settlement purposes.
- Review the Articles of Amendment (Exhibit 3.7) for any additional bylaw changes not summarized in the text.