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):  August 20, 2018 (August 17, 2018)


_________________________________________


Cool Holdings, Inc.
(Exact name of registrant as specified in its charter)

Commission File Number: 001-32217

Maryland

33-0599368

(State or other jurisdiction

of incorporation)

(IRS Employer

Identification No.)

 

48 NW 25 th Street, Suite 108

Miami, FL 33127
(Address of principal executive offices, including zip code)

(786) 675-5246
(Registrant’s telephone number, including area code)

 


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 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 .0 1 . Entry into a Material Definitive Agreement.

On August 17, 2018, Cool Holdings, Inc., a Delaware corporation, and its wholly-owned subsidiary, OneClick International, LLC (collectively, the “Company”), exercised an option to acquire the assets of a chain of seven retail electronics stores in the Dominican Republic referred to as the “Unitron Assets.”  The Option Agreement, attached hereto as Exhibit 10.1, was issued on January 5, 2018 as part of the Company’s Merger with Cooltech Holding Corp. (“Cooltech”) which closed March 12, 2018.  The Option Agreement was subsequently amended on August 13, 2018, which amendment is attached hereto as Exhibit 10.2.  The Notice of Exercise of the option is attached as Exhibit 10.3.

Consideration for the acquisition consisted of $4.3 million plus the issuance of 625,077 shares of Cool Holdings common stock to the shareholders of Cooltech at the time of the Merger.  The $4.3 million of consideration was comprised of $3.7 million of cash previously advanced to the seller, which receivable was cancelled, and the assumption of $600,000 of debt which is due in two equal installments in October 2018 and April 2019.  The common stock was issued pursuant to an exemption from registration under Regulation D, promulgated under the United States Securities Act of 1933, as amended (the “Securities Act”).  All of the common stock issued in the transaction are “restricted securities,” as defined in Rule 144(a)(3), promulgated under the Securities Act.

The foregoing information is a summary of the agreement involved in the transaction described above, is not complete, and is qualified in its entirety by reference to the full text of such agreements, which are incorporated herein by reference. Readers should review such agreements for a complete understanding of the terms and conditions associated with this transaction.

 

Item 3.02. Unregistered Sales of Equity Securities

The information called for by this item is contain in Item 1.01, which is incorporated herein by reference.

 

Item 7.01. Regulation FD Disclosure.

On August 20, 2018, the Company issued a press release announcing the Exchange. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 7.01 by reference.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d)       Exhibits.

 

Exhibit
No.

 

Description

10.1

 

Option Agreement.

10.2

 

First Amendment to Option Agreement.

10.3

 

Notice of Exercise.

99.1

 

Press Release dated August 20, 2018.

 


 


 

 

Signature

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.

 

 

  Cool Holdings, Inc.

 

 

 

 

Date:

August 20, 2018

By:

/s/ Alfredo Carrasco

 

 

 

Alfredo Carrasco

 

 

 

Chief Financial Officer

 

 

 

Exhibit 10.1

 

OPTION AGREEMENT

 

THIS OPTION AGREEMENT (this “Option Agreement”) made as of the 5th day of January, 2018 between OneClick International, LLC, a Florida limited liability company (“Company”), and Delavaco Partners Inc., a corporation organized under the laws of Ontario (“Grantor”) (each individually a "Party" and collectively the "Parties").

WHEREAS, on April 28, 2017 (the “Unitron Closing Date”), Grantor purchased certain assets, as set forth in Exhibit A attached hereto (the “Unitron Assets”) from Comercializadora Unitron del Caribe S.A., Elias Benzaquen and Manuel Culebras (collectively, the “Unitron Sellers”) pursuant to the terms of an asset purchase agreement, dated as of February 23, 2017 and amended on March 20, 2017 (the “APA”) in exchange for an aggregate purchase price of $4,650,000 (the “Unitron Purchase Price”); and

WHEREAS, upon execution of the APA, certain third-party investors advanced $200,000 of the Unitron Purchase Price to the Unitron Sellers on behalf of Grantor in exchange for promissory notes due on April 30, 2019 (the “$200,000 Notes”); and

WHEREAS, on the Unitron Closing Date, the Company paid to Grantor $2,050,000 of the Unitron Purchase Price to the Unitron Sellers on behalfof Grantor (the "Company Payable"); and

WHEREAS, a total of $2,400,000 of the Unitron Purchase Price remained outstanding, which, upon mutual agreement of the relevant parties, was adjusted to $2,318,000 (the “Unitron Purchase Price Balance” and, together with the $200,000 Notes, the “Unitron Payables”); and

WHEREAS, on October 1, 2017, the Company was acquired by Cooltech Holding Corp., a Nevada corporation (“Cooltech”); and

WHEREAS, Cooltech entered into an agreement and plan of merger with InfoSonics Corporation, a Maryland corporation (“InfoSonics”) and InfoSonics’ wholly-owned subsidiary on July 25, 2017, as amended September 14, 2017 (the “Merger Agreement”), pursuant to which InfoSonics shall acquire Cooltech and its subsidiaries, including the Company and this Option Agreement (the "Merger"); and

WHEREAS , pursuant to the Merger Agreement, upon consummation of the Merger, Cooltech’s shareholders shall receive 9.375,000 shares of InfoSonics’ common stock (including securities convertible into common stock) and upon exercise of this Option Agreement, Cooltech’s shareholders shall receive 3,125,000 shares of InfoSonics’ common stock (including securities convertible into common stock), provided all necessary approvals have been obtained; and

WHEREAS, Grantor desires to grant to the Company and the Company desires to obtain from Grantor, an option to acquire the Unitron Assets from Grantor, in in accordance with the terms and conditions set forth herein (the “Transaction”); and


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NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants and agreements contained herein, the adequacy of which is hereby acknowledged, the parties hereto hereby agree as follows:

1. The Option; Option Consideration . Grantor hereby grants to Company, as of the Grant Date, the sole, exclusive and irrevocable right and option (the "Option"), exercisable in the manner contained in Section 2 herein, to acquire the Unitron Assets free and clear of any mortgage, pledge, lien, charge, security interest, claim or encumbrance of any kind ("Encumbrance") . In consideration for the granting of this Option by the Grantor to the Company, the Company shall pay to Grantor consideration equal to Ten Dollars ($10.00).

2. Option Term; Exercise; Payment. This Option shall be exercisable during the period of time beginning on the closing date of the Merger (the "Grant Date") and ending on the twelve (12) month anniversary of the Grant Date (the "Expiration Date", and such period of time between the Grant Date and the Expiration Date, the "Option Period"), unless sooner terminated in accordance with the terms herein. The Expiration Date may be extended for an additional period of up to twelve (12) months with the written consent of the Parties. Upon exercise of this Option during the Option Period, in accordance with Section 7 below, the Company shall pay the Grantor, in consideration for the transfer of the Unitron Assets to the Company, an aggregate sum of Four Million Five Hundred Sixty Eight Thousand ($4,568,000), subject to adjustment as set forth herein (the "Purchase Price"), in the form of: (i) cancellation of the Company Payable, which represents $2,050,000; and (ii) the assumption of the Unitron Payables, which represents the $200,000 Notes and the Unitron Purchase Price Balance. Notwithstanding the foregoing, the Purchase Price may be reduced proportionally in the event the balance of the Unitron Payables is offset during the Option Period through (i) payment by Grantor to the Unitron Sellers of any net profits generated by the Unitron Assets and (ii) payment by the Company directly to the Unitron Sellers on behalf of Grantor in satisfaction of the Unitron Purchase Price Balance.

 

3. Representations, Warranties and Covenants of Grantor . Grantor hereby represent and warrant to Company as follows:

 

(a) Grantor has good, valid, marketable and exclusive right, title and interest in all of the Unitron Assets, free and clear of any Encumbrance.

 

(b) Upon exercise of the Option, the Grantor shall convey to Company good, valid and marketable title to Unitron Assets, free and clear of any Encumbrance.

 

(c) Grantor has the requisite power and authority to enter into this Option Agreement and to consummate the transactions contemplated hereby and otherwise to carry out its obligations hereunder. No consent, approval or agreement of any individual or entity is required to be obtained by Grantor in connection with the execution and performance by Grantor of this Option Agreement or the execution and performance by Grantor of any agreements, instruments or other obligations entered into in connection with this Option Agreement. This Option Agreement constitutes the legal, valid and binding obligation of Grantor, enforceable against each of them in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, reorganization, rehabilitation, insolvency, moratorium or other similar laws affecting creditors' rights generally and by general principles of equity.

 

4. Limited Transferability . This Option may be transferred by Company without the prior written consent of Grantor to Cooltech or any affiliate of Cooltech. Any such transferee shall take the

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transferred option subject to all the terms and conditions of this Option Agreement.

 

5. Ownership Rights. The holder of this Option shall not have any ownership rights with respect to the Unitron Assets until such person shall have exercised the Option.

 

6. Manner of Exercising the Option.

 

(a) In order to exercise this Option, Company (or any other person or persons exercising the Option) must execute and deliver to Grantor a Notice of Exercise in the form attached hereto.

 

(b) As soon as practical after delivery of the Notice of Exercise, the Parties shall take all actions necessary to consummate the Transaction, including delivery to Company a bill of sale of the Unitron Assets and delivery to Grantor of the Purchase Price.

 

7. Conditions Precedent to the Exercise of the Option. The Company’s exercise of the Option and the Share Issuance (as described below) is expressly conditioned upon the Company first obtaining InfoSonics’ post-Closing Board of Directors (in addition to any post-Closing Special Committee of the InfoSonics’ Board) approval of the transactions contemplated in the Option, a fairness opinion regarding the Option consideration if required or reasonably necessary, and all regulatory and national securities exchange approvals/consent for the transactions contemplated in the Option, including the Share Issuance.

 

8. Additional Issuance of Shares . Upon the exercise of this Option, the Company and Cooltech shall cause InfoSonics to issue to Cooltech’s shareholders of record as of the date of the closing of the Merger (the “Cooltech Shareholders”) , an aggregate of 3,125,000 shares of InfoSonics’ common stock (or common stock equivalents), which shall be allocated to the Cooltech Shareholders in such manner and in such proportions as set forth in Section 2.03(b) of the Merger Agreement, as amended (the “Share Issuance”).

 

9. Compliance with Laws and Regulations. The exercise of this Option shall be subject to compliance by Grantor and Company with any and all applicable requirements of law relating thereto.

 

10. Successors and Assigns. Except to the extent otherwise provided above, the provisions of this Agreement shall inure to the benefit of, and be binding upon, the Parties and their respective successors and assigns.

 

11. Notices. All notices, requests, demands and other communications hereunder shall be in writing, shall be delivered by hand, commercial courier or facsimile transmission and shall be deemed to have been given or made when delivered, addressed as follows:

 

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If to Grantor, to:

 

Delavaco Partners Inc.

 

 

Attn:

Tel:( )

Fax: ( )

 

with copies to:

 

Peter Simeon

 

or to such other address as Prospect may from time to time designate. If to Company to:

OneClick International, LLC

48 25 th NW Street, Suite 107-108

Miami, FL 33127 Attn: Mauricio Diaz

Tel:( )

Fax:( )

 

or to such other address as Company may from time to time designate.

 

All notices shall be deemed effective upon personal delivery or upon deposit in the U.S. mail, postage prepaid and properly addressed to the party to be notified.

 

12. Applicable Law. This Option Agreement shall be governed by and construed and enforced under the laws of the State of New York without regard to its conflicts of laws provisions.

 

13. Forum. The parties hereto acknowledge that for the purpose of enforcing the terms of this Option Agreement or entering judgment appropriate jurisdiction and venue shall lie with the lawful Courts of New York located in the County of New York, New York. Each of the parties hereto hereby waives any defense of inconvenient forum in connection with this paragraph.

 

14. Severability. In the event that any condition, covenant or other provision of this Option Agreement is held to be invalid or void by any court of competent jurisdiction, it shall be deemed severable from the remainder of this Option Agreement and shall in no way affect any other condition, covenant or other provision of this Option Agreement.  If such condition, covenant or other provision is held to be invalid due to its scope or breadth, it is agreed that it shall be deemed to remain valid to the extent permitted by law.

1.

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15. Waiver. No breach of any provision of this Option Agreement shall be deemed waived unless it is waived in writing. Waiver of any one breach shall not be deemed a waiver of any other breach of the same or any other provision of this Option Agreement.

 

16. Counterparts. This Option Agreement may be executed in counterparts, and each counterpart shall be considered an original. This Option Agreement shall not be effective in any way as to any of the parties hereto until fully executed by all parties hereto.

 

17. Entire Agreement. This Option Agreement embodies the entire agreement and understanding of the Parties and supersedes all prior agreements and understandings relating to the subject matter hereof.

 

 

[SIGNATURE PAGE FOLLOWS]

 


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IN WITNESS WHEREOF the parties hereto have hereunto set their hands the day, month and year first above written.

 

 

 

DELAVACO PARTNERS INC.

 

 

By: /s/ Catherine DeFrancesco

Name/Title:  Catherine DeFrancesco, President

ONECLICK INTERNATIONAL, LLC.

 

 

By: /s/ Mauricio Diaz

Name/Title:  Mauricio Diaz, CEO

 


6

 


 

NOTICE OF EXERCISE

 

 

We, OneClick International, LLC, hereby notify Grantor that we are electing to exercise our Option to acquire the Unitron Assets.

 

Pursuant to the terms of the Option Agreement to which this Notice of Exercise is attached (the "Option Agreement"), following delivery of this Exercise Notice to Grantor, OneClick and Grantor shall take all actions necessary and deliver whatever documents may be required to consummate the Transaction pursuant the Option Agreement. Capitalized terms not otherwise defined in this Notice of Exercise shall have the meanings ascribed to them in the Option Agreement.

 

 

 

 

 

Date

 

 

ONECLICK INTERNATIONAL, LLC

 

 

 

By:

Name:

Title:

 

 

7

 

 

Exhibit 10.2

 

FIRST AMENDMENT TO OPTION AGREEMENT

 

This First Amendment to Option Agreement (the “ First Amendment ”) is made as of the 13 th day of August, 2018, by and between OneClick International, LLC, a Florida limited liability company (“ Company ”), and Delavaco Partners Inc., an Ontario corporation (“ Grantor ”).

 

RECITALS:

 

A.

Company and Grantor are parties to an Option Agreement, dated January 5, 2018 (the “ Option Agreement ”), pursuant to which Grantor granted to Company an Option to acquire the Unitron Assets.

 

B.

Company and Grantor have agreed to adjust the Purchase Price to be paid by Company to Grantor in connection with Company’s exercise of the Option and in accordance with Section 2 of the Option Agreement.

 

NOW THEREFORE, in consideration of the foregoing, the mutual agreements herein contained, and other good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, Company and Grantor hereby agree as follows:

 

1. Any term or phrase with an initial capitalized letter shall have the meaning given it by this First Amendment, or if not so defined, shall have the meaning given it by the Option Agreement.

 

2. All references in the Option Agreement to the common stock of InfoSonics Corporation, a Maryland corporation, and securities convertible into such common stock shall hereby refer to the common stock of Cool Holdings, Inc. (“Cool Holdings”) and securities convertible into the common stock of Cool Holdings.

 

3. The third and fourth “WHEREAS” clauses in the recitals to the Option Agreement are hereby deleted in their entirety and the following clauses are substituted in lieu thereof:

 

“WHEREAS, on the Unitron Closing Date, Company paid $2,050,000 of the Unitron Purchase Price to the Unitron Sellers on behalf of Grantor (the “ Initial Company Payable ”);

 

WHEREAS, after the Unitron Closing Date and as of August 10, 2018, Company paid directly to the Unitron Sellers on behalf of Grantor $1,450,000 of the Unitron Purchase Price (the “ Additional Company Payable ”, and added together with the Initial Company Payable, the “ Company Payable ”);

 

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WHEREAS, upon payment of the Initial Company Payable and advancement of the $200,000 Notes, a total of $2,400,000 of the Unitron Purchase Price remained outstanding after the Unitron Closing Date, which, upon mutual agreement of the relevant parties, was adjusted to $2,318,000;

 

WHEREAS, upon payment of the Additional Company Payable by Company, $868,000 of the Unitron Purchase Price remained outstanding, which, upon mutual agreement of the relevant parties, was adjusted to $600,000 (the “ Unitron Purchase Price Balance ”, and added together with the $200,000 Notes, the “ Unitron Payables ”);”

 

4. After the seventh “WHEREAS” clause in the Option Agreement, the following WHEREAS clause is hereby inserted:

 

“WHEREAS, InfoSonics changed its name to Cool Holdings, Inc. (“Cool Holdings”) and as a result of a one-for-five reverse stock split of its shares, the number of shares of common stock of Cool Holdings issuable upon exercise of this Option to the former Cooltech shareholders is 625,000 (including securities convertible into common stock);”

 

5. The third sentence of Section 2 of the Option Agreement is hereby deleted in its entirety and the following sentence is substituted in lieu thereof:

 

“Upon exercise of this Option during the Option Period, in accordance with Section 7 below, Company shall pay Grantor, in consideration for the transfer of the Unitron Assets to Company, an aggregate sum of Four Million Three Hundred Thousand Dollars ($4,300,000), subject to adjustment as set forth herein (the “ Purchase Price ”), in the form of: (i) cancellation of the Company Payable, which represents $3,500,000; and (ii) the assumption of the Unitron Payables, which represents the $200,000 Notes and the Unitron Purchase Price Balance.”

 

6. In Section 8 of the Option Agreement, the reference to InfoSonics is hereby changed to Cool Holdings and the number of shares of common stock is hereby revised from 3,125,000 to 625,000.

 

7. Except as amended hereby, all of the terms, covenants, and conditions of the Option Agreement shall remain in full force and are hereby ratified and confirmed. This First Amendment may be executed in counterparts, each of which shall be deemed an original, which together shall constitute one and the same agreement.  The exchange of copies of this First Amendment and of signature pages by facsimile or portable document format (pdf) shall constitute effective execution and delivery of this First Amendment as to the parties and may be used in lieu of the original First Amendment for all purposes.

 

 

[Remainder page intentionally left blank.  Signature page follows.]

 

 

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IN WITNESS WHEREOF , the parties hereto have executed this First Amendment as of the day and year first above written.

 

 

 

DELAVACO PARTNERS INC.

ONECLICK INTERNATIONAL, LLC

 

 

 

 

By:     /s/ Catherine DeFrancesco

By:      /s/ Mauricio Diaz

Name:  Catherine DeFrancesco

Name:  Mauricio Diaz

Title:  Director

Title:  Manager

 

 

 

 

 

 

 

 

 

 

 

3

Exhibit 10.3

 

NOTICE OF EXERCISE

 

 

We, OneClick International, LLC, hereby notify Grantor that we are electing to exercise our Option to acquire the Unitron Assets.

 

Pursuant to the terms of the Option Agreement to which this Notice of Exercise is attached (the “Option Agreement”), following delivery of this Exercise Notice to Grantor, OneClick and Grantor shall take all actions necessary and deliver whatever documents may be required to consummate the Transaction pursuant to the Option Agreement.  Capitalized terms not otherwise defined in this Notice of Exercise shall have the meanings ascribed to them in the Option Agreement.

 

 

 

    August 17, 2018

Date

 

 

ONECLICK INTERNATIONAL, LLC

 

 

 

By:      /s/  Mauricio Diaz

Mauricio Diaz

Manager

 

Exhibit 99.1

PRESS RELEASE

 

Cool Holdings, Inc. Announces Acquisition of

Apple Boutique Store Retail Chain

in the Dominican Republic

Expands OneClick Chain to 16 Stores

 

MIAMI, August 20, 2018 – Cool Holdings, Inc. (NASDAQ: AWSM) today announced that it has expanded its Apple ® partnership by completing the acquisition of a chain of seven OneClick ® retail stores in the Dominican Republic.  OneClick ® is a certified Apple ® partner and authorized reseller of Apple ® products and other high-profile accessory brands.  The acquisition resulted from the exercise of an Option Agreement negotiated as part of the Merger with Cooltech Holding Corp. (“Cooltech”) which closed March 12, 2018. As outlined in the Option Agreement, as amended, consideration for the option exercise consists of $4.3 million plus 625,077 shares of Cool Holdings common stock issuable to the shareholders of Cooltech at the time of the Merger.  The $4.3 million of cash consideration consists of $3.7 million of cash previously advanced to the seller, the repayment obligation of which was cancelled, and the assumption by Cool Holdings of $600,000 of debt, which is due in installments in October 2018 and April 2019.  All of the common stock issuable in connection with the option exercise will be “restricted securities,” as defined in Rule 144(a)(3), promulgated under the Securities Act of 1933.

 

Commenting on the acquisition, Mauricio Diaz, Chief Executive Officer of Cool Holdings, stated: “The acquisition of the Dominican Republic stores has been contemplated for some time, and we are pleased to finally complete the transaction.  This now brings our total store count to 16, including the 7 new stores in the Dominican Republic, our 6 stores in Argentina and 3 stores in Florida.  OneClick in the Dominican Republic has the first ever APR (Apple ® Premium reseller) as its flagship store in Agora Mall in Santo Domingo. In addition, Galeria 360 in Santo Domingo and Blue Mall in Punta Cana have undergone a thorough remodeling process to become the first AAR (Apple ® Authorized Reseller Monobrand) stores in the Dominican Republic.  The remaining 4 stores (Blue Mall, Sambil and Piantini in Santo Domingo, and Santiago de los Caballeros) will be remodeled in the upcoming months. Through this acquisition we expect to leverage our resources, expertise and management talent to grow our revenue base as we work to drive our Company to profitability.”

 

The Company notes that following the issuance of the shares of common stock under the transaction, it will have 7,086,743 common shares outstanding.  The Company further notes that it erroneously stated its outstanding share capital in a previous press release dated August 16, 2018, which this press release corrects.

 

About Cool Holdings, Inc.

Cool Holdings is a Miami-based company focused on premium retail brands.  It is currently comprised of OneClick ® , a chain of retail stores and an authorized reseller under the Apple ®

 


 

Premier Partner, APR ( Apple ® Premium Reseller) and AAR MB ( Apple ® Authorized Reseller Mono-Brand) programs; Cooltech Distribution, an authorized distributor to the OneClick ® stores and other resellers of Apple ® products and other high-profile consumer electronic brands; and verykool ® ,  a brand of wireless handsets, tablets and related products the Company sells to carriers, distributors and retailers in Latin America. Additional information can be found on its website at www.coolholdings.com .

 

Forward-looking and cautionary statements

Forward-looking statements in this press release and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, including those related to expansion of our stores in various geographic regions, optimization of inventory levels, increases in sales and profitability, deleveraging our balance sheet, acquisitions, and continuation of our license agreements with Apple ® , involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including actions by third parties, such as Apple ® . These factors include, but are not limited to, risks arising from prevailing market conditions and the impact of general economic industry or political conditions in the United States or globally. A list and description of these and other risk factors can be found in the Company's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, which can be reviewed at www.sec.gov. These forward-looking statements speak only as of the date of this release and we undertake no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this release.

 

All product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement.

Contact:

Vernon A. LoForti
vern.loforti@infosonics.com
858-373-1675

 

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