# EDGAR Filing Document

**Accession Number:** 0001718500
**File Stem:** 0001520138-25-000331
**Filing Date:** 2025-10
**Character Count:** 24270
**Document Hash:** d9df0fb55ea26774eb2cdf9558f7b3c5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001520138-25-000331.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0001520138-25-000331

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Axil Brands, Inc.
- **CENTRAL INDEX KEY:** 0001718500
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 474125218
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93756
- **FILM NUMBER:** 251435879

**BUSINESS ADDRESS:**
- **STREET 1:** 9150 WILSHIRE BOULEVARD
- **STREET 2:** UNIT 245
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212
- **BUSINESS PHONE:** 888-638-8883

**MAIL ADDRESS:**
- **STREET 1:** 9150 WILSHIRE BOULEVARD
- **STREET 2:** UNIT 245
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Reviv3 Procare Co
- **DATE OF NAME CHANGE:** 20171003
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Brown Jeffrey B.
- **CENTRAL INDEX KEY:** 0001945871

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** C/O REVIV3 PROCARE COMPANY
- **STREET 2:** 9480 TELSTAR AVE., SUITE 5
- **CITY:** EL MONTE
- **STATE:** CA
- **ZIP:** 91731

## Ex-99

**Exhibit 99**

**REPURCHASE AGREEMENT**

This PURCHASE AGREEMENT (this "<u>Agreement</u>") is made and entered into as of October 28, 2025 (the "<u>Effective Date</u>") by and between BZ Capital Strategies, a California Corporation ("<u>BZ</u>"), and ("<u>the Company</u>") and Nexyus Partners Inc. a California corporation (the "<u>Stockholder</u>"). The parties are sometimes referred to herein individually by name or as a "<u>Party</u>," and collectively as the "<u>Parties</u>."

**RECITALS**

WHEREAS, the Stockholder owns shares of Axil Brands, Inc., Series A Preferred Stock, par value $0.0001 per share (the "<u>Preferred Stock</u>"); and

WHEREAS, the Company has agreed to purchase the Stockholder's Preferred Stock and the Stockholder has agreed to sell the Stockholder's Preferred Stock to the Company, pursuant to the terms and conditions of this Agreement.

**AGREEMENT**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. <u>Sale and Repurchase of Preferred Stock</u>. As of the Effective Date, the Stockholder hereby sells, transfers, conveys and delivers to the Company, and the Company hereby purchases, the Stockholder's Preferred Stock, consisting of 1,200,000 shares of Preferred Stock, free and clear of any and all liens, claims, charges, mortgages, pledges, security interests, encumbrances and third party rights of any kind. In consideration of the sale, transfer, conveyance and delivery to the Company of the Preferred Stock, the Company shall pay to the Stockholder the sum of $12,000 (the "<u>Repurchase Price</u>"), which amounts to price of approximately $0.01 per share payable as provided in Section 2 below. The Stockholder shall deliver to the Company any and all certificates representing the shares of Preferred Stock purchased hereunder, duly endorsed for transfer to the Company, and such other documents and instruments as requested by the Company as may be necessary or appropriate to evidence the transfer of the Preferred Stock to the Company and to vest in the Company good and marketable title in and to the Preferred Stock, free and clear of any and all liens, claims, charges, mortgages, pledges, security interests, encumbrances and third party rights of any kind.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. <u>Delivery and Payment</u>. In consideration for the repurchase of the Preferred Stock pursuant to this Agreement, upon the execution and delivery of this Agreement by the Stockholder, the Company shall deliver to the Stockholder a check in the amount of the Repurchase Price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. <u>The Stockholder's Representations and Warranties</u>. The Stockholder hereby represents and warrants to the Company that as of the Effective Date: (a) the Stockholder has good and marketable title to the Preferred Stock subject to this Agreement, free and clear of any and all liens, claims, charges, mortgages, pledges, security interests, encumbrances and third party rights of any kind; (b) the Preferred Stock subject to this Agreement represents all of the preferred stock of the Company held by the Stockholder; (c) the Stockholder has the power and authority to enter into and perform its obligations under this Agreement, and the execution, delivery and performance of this Agreement have been duly authorized by all necessary action on the part of the Stockholder; (d) this Agreement is a valid and binding obligation of the Stockholder, enforceable against the Stockholder in accordance with its terms; (e) the execution, delivery and performance by the Stockholder of this Agreement and the consummation by the Stockholder of the transactions contemplated by this Agreement do not and will not violate, conflict with or result in a breach of any provision of the organizational documents of the Stockholder or any agreement to which the Stockholder is a party or to which any of its properties or assets are bound; (f) there are no claims, investigations, inquiries, demands, suits, actions or causes of action, or arbitration proceedings pending or, to Stockholder's knowledge, threatened against the Stockholder before any federal, state or local court or regulatory agency or other governmental authority wherever located that would prevent the Stockholder from entering into or performing the Stockholder's obligations under this Agreement; and (g) the Company has advised the Stockholder of the desirability of independent legal and tax counsel and provided an opportunity to have the Stockholder's own legal

and tax representative review all applicable documents and provide advice arising out of and relating to this Agreement, and with full knowledge of the opportunity and the potential consequences, the Stockholder has either received independent legal and tax advice in relation to this Agreement or decided to forego it knowingly, willingly and voluntarily.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. <u>The Company's Representations and Warranties</u>. The Company hereby represents and warrants to the Stockholder that the Company has full power and authority to execute and enter into this Agreement as of the Effective Date, and that this Agreement represents the valid and binding obligation of the Company enforceable against the Company in accordance with its terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. <u>Acknowledgments</u>. The Stockholder acknowledges that, except as set forth by the Company in Section 4 of this Agreement, none of the Company or any of its directors, officers, employees, agents or representatives is making or has made any representations or warranties, express or implied, regarding the Company, its business, financial condition, results of operations, business valuation or subject matter of this Agreement, and except as expressly set forth in Section 4, the Stockholder is not relying and has not relied on any representations or warranties, express or implied, regarding the Company's business, financial condition, results of operations, business valuation or the subject matter of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. <u>Release of Claims</u>. The Stockholder, for the Stockholder and the Stockholder's heirs, executors, administrators, personal representatives, agents, successors and assigns, hereby completely and forever releases, discharges and acquits the Company, together with the Company's stockholders, directors, officers, agents, affiliates, representatives, successors and assigns, from any and all claims, demands, damages, actions, causes of action or suits at law or in equity, of whatsoever kind or nature, arising out of or in connection with the Company, the Preferred Stock and/or the Stockholder's ownership of the Preferred Stock at any time through the Effective Date. For purposes of this Agreement, "all claims" shall include, without limitation, any and all claims of any kind, whether known or unknown, anticipated or unanticipated, past or present, or contingent or fixed as of the Effective Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. <u>Costs and Attorneys' Fees</u>. Each Party shall be responsible for her, his or its own costs, expenses and attorneys' fees incurred in connection with the negotiation, execution and delivery of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. <u>Entire Agreement</u>. This Agreement contains the entire agreement between the Parties hereto with respect to the subject matter hereof and supersedes and preempts all prior understandings and agreements between the Parties with respect to the subject matter hereof. This Agreement shall not be amended or modified in any manner except upon written agreement by both of the Parties.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. <u>Severability</u>. The Parties agree that the invalidity or unenforceability of any one provision or part of this Agreement shall not render any other provisions or parts hereof invalid or unenforceable and that such other provisions or parts shall remain in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. <u>Counterparts and Signatures</u>. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, and all of which together shall constitute one and the same Agreement. Any original signature may be obtained through facsimile or other electronic transmission.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. <u>Further Assurances</u>. The Parties agree that each of them will execute and deliver such further agreements and instruments, in form and substance reasonably satisfactory to each Party, and take such other action as may be reasonably necessary or appropriate, to carry out the purposes and intents of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. <u>Governing Law</u>. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, notwithstanding any conflict of law provision to the contrary.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. <u>Assignability</u>. Neither this Agreement nor any right or obligation hereunder shall be assignable by the Stockholder without the prior written consent of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. <u>Binding Effect</u>. This Agreement shall inure to the benefit of not only the Parties, but their respective heirs, executors, administrators, personal representatives, successors, assigns, subsidiaries, affiliates, partners, members, managers, officers, directors, stockholders, agents, employees and representatives and shall be binding not only upon the Parties, but also the aforesaid parties.

[signature page follows]

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the Effective Date.

BZ CAPITAL STRATEGIES

By: <u>/s/ Jeff Brown</u> 

Name: Jeff Brown

Title: CFO

NEXYUS PARTNERS INC.

By: <u>/s/ Hamid Bahmei</u> 

Name: Hamid Bahmei

Title: Managing Director

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 3)**

**Axil Brands, Inc.**

*(Name of Issuer)*

**Common Stock, $0.0001 par value per share**

*(Title of Class of Securities)*

**76151R206**

*(CUSIP Number)*

**Jeffrey Brown**<br>c/o AXIL Brands, Inc.<br>9150 Wilshire Boulevard, Unit 245<br>Beverly Hills CA 90212<br>(888) 638-8883

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**10/28/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **76151R206** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Jeffrey Brown** | Name of reporting person<br>**Jeffrey Brown** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**15143.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**100000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**375143.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**160000.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**535143.00** | Aggregate amount beneficially owned by each reporting person<br>**535143.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**7.5%** | Percent of class represented by amount in Row (11)<br>**7.5%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Number of shares beneficially owned by Mr. Brown with sole dispositive power includes 360,000 shares of Common Stock that may be acquired pursuant to the exercise of stock options previously granted to Mr. Brown. Number of shares beneficially owned Mr. Brown with shared dispositive power includes 60,000 shares of Common Stock that may be acquired upon the conversion of Preferred Stock held by BZ Capital. The Preferred Stock is convertible into shares of Common Stock on a twenty-for-one basis, at the option of the holder; provided, that the holder may not convert that number of shares of Preferred Stock which would cause the holder to become the beneficial owner of more than 5% of the Common Stock, as determined in accordance with Sections 13(d) and (g) of the Exchange Act and the rules and regulations thereunder.

| **CUSIP No.** | **76151R206** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**BZ Capital Strategies** | Name of reporting person<br>**BZ Capital Strategies** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**CALIFORNIA** | Citizenship or place of organization<br>**CALIFORNIA** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**100000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**160000.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**160000.00** | Aggregate amount beneficially owned by each reporting person<br>**160000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**2.3%** | Percent of class represented by amount in Row (11)<br>**2.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Number of shares beneficially owned BZ Capital with shared dispositive power includes 60,000 shares of Common Stock that may be acquired upon the conversion of Preferred Stock held by BZ Capital. The Preferred Stock is convertible into shares of Common Stock on a twenty-for-one basis, at the option of the holder; provided, that the holder may not convert that number of shares of Preferred Stock which would cause the holder to become the beneficial owner of more than 5% of the Common Stock, as determined in accordance with Sections 13(d) and (g) of the Exchange Act and the rules and regulations thereunder.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, $0.0001 par value per share

**(b) Name of Issuer:**
Axil Brands, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
9150 WILSHIRE BOULEVARD, UNIT 245, BEVERLY HILLS, CA, 90212

This Amendment No. 3 to Statement of Beneficial Ownership on Schedule 13D (this "Amendment No. 3") amends the Statement of Beneficial Ownership on Schedule 13D filed by Jeffrey Brown on October 15, 2024 (as amended by the Reporting Persons, the "Schedule 13D" or "Statement"). Capitalized terms used but not defined in this Amendment No. 3 shall have the meanings set forth in the Schedule 13D. Except as amended and supplemented by this Amendment No. 3, the Schedule 13D remains unchanged.

**Item 4. Purpose of Transaction**

On October 28, 2025, BZ Capital entered into a stock purchase agreement (the "Stock Purchase Agreement") with a holder of the Company's Series A Preferred Stock, $0.0001 par value per share (the "Preferred Stock"), pursuant which BZ Capital purchased 1,200,000 shares of Preferred Stock (equivalent to 60,000 shares of Common Stock on an as-converted basis) for cash consideration of $12,000 from such stockholder. The Stock Purchase Agreement contains customary representations and warranties.

The Reporting Persons acquired the securities reported in this Statement for investment purposes. The Reporting Persons may in the future acquire additional securities of the Company or dispose of some or all of the securities of the Company held by the Reporting Persons in open-market transactions or privately negotiated transactions, on such terms and at such times as the Reporting Persons may deem advisable.

None of the Reporting Persons has any present plan or proposal that would result in any of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D, except as set forth herein or as may be proposed by Mr. Brown in his capacity as an officer or director of the Company or by the Board of Directors with his participation. The Reporting Persons reserve the right in the future to formulate any such plans or proposals, and to take any actions with respect to their investments in the Company, including any or all of the actions described in paragraphs (a) through (j) of Item 4 of Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Mr. Brown may be deemed to beneficially own, in the aggregate, 535,143 shares of Common Stock, which represents approximately 7.5% of the Company's outstanding shares of Common Stock, consisting of 15,143 shares of Common Stock held directly by Mr. Brown; 360,000 shares of Common Stock issuable upon the exercise of options held by Mr. Brown; 100,000 shares of Common Stock held directly by BZ Capital; and 60,000 shares of Common Stock that may be acquired upon the conversion of Preferred Stock held directly by BZ Capital. Options held by Mr. Brown consist of the following: options to purchase 110,000 shares of Common Stock, which have an exercise price of $1.80 per share, were granted on May 10, 2022 and expire on April 20, 2032, and are fully vested as of the date of this Statement; and options to purchase 250,000 shares of Common Stock, which have an exercise price of $4.01 per share, were granted on October 14, 2024 and expire on October 14, 2034, and vest in 48 equal monthly installments, beginning on October 31, 2024, subject to continued employment through the vesting date. The Preferred Stock is convertible into shares of Common Stock on a twenty-for-one basis, at any time at the option of the holder; provided, that the holder may not convert that number of shares of Preferred Stock which would cause the holder to become the beneficial owner of more than 5% of the Common Stock, as determined in accordance with Sections 13(d) and (g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder.

BZ Capital may be deemed to beneficially own 160,000 shares of Common Stock, including 60,000 shares of Common Stock that may be acquired upon the conversion of Preferred Stock held directly by BZ Capital, which represents approximately 2.3% of the Company's outstanding shares of Common Stock.

Each percentage ownership of Common Stock set forth in this Statement is based on 6,757,717 shares of Common Stock reported by the Company as outstanding as of October 22, 2025 in its Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on October 23, 2025.

**(b)**
Mr. Brown has sole voting power over 15,143 shares of Common Stock and sole dispositive power over 375,143 shares of Common Stock. Mr. Brown and BZ Capital have shared voting power over 100,000 shares of Common Stock and shared dispositive power over 160,000 shares of Common Stock.

**(c)**
Except as set forth in Item 4, the Reporting Persons have not effected any transactions in securities of the Company during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

The information set forth in Item 4 is incorporated herein by reference.

Pursuant to Rule 13d-1(k) promulgated under the Exchange Act, the Reporting Persons have entered into an agreement with respect to the joint filing of this Statement, which agreement is set forth on the signature page to this Statement.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Jeffrey Brown

**Signature:** /s/ Jeffrey Brown

**Name/Title:** Jeffrey Brown

**Date:** 10/30/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** BZ Capital Strategies

**Signature:** /s/ Jeffrey Brown

**Name/Title:** Jeffrey Brown, Chairman of the Board of Directors and Chief Financial Officer

**Date:** 10/30/2025