APPlife Digital Solutions Completes Acquisition of Sugar Auto Parts, Expanding E-Commerce Portfolio
APPlife Digital Solutions, Inc. $(ALDS)$ has announced the completion of its acquisition of Sugar Auto Parts, Inc., a leader in e-commerce and marketplace platforms in the automotive parts industry. The acquisition includes all equity interests in Sugar in exchange for 240,000,000 shares of restricted common stock of APPlife. Additionally, the company has issued shares of newly designated classes of Series A, B, and C preferred stock. As part of the agreement, Sugar made an initial cash payment of $150,000 with an additional $150,000 to be paid within ninety-five days. SugarAutoParts.com, a key platform in the deal, is noted for its extensive catalogue of 6,000,000 products and 400 registered sellers, aiming to enhance both the buying and selling experience in the automotive sector.
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