Item 1.01. Entry into a Material Definitive Agreement

On April 20, 2023, NextPlat Corp (the "Company") and Alibaba.com Singapore E-Commerce Private Limited, a company organized under the laws of Singapore ("Alibaba"), entered into a Merchant Sourcing Agreement (the "Agreement") pursuant to which the Company and Alibaba will collaborate in a non-exclusive manner to increase the sale of products produced and sold by American companies to the Chinese consumer market on the Tmall Global e-commerce platform. The Agreement has a term of ninety (90) days.

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement, which, with certain confidential terms redacted, is filed as Exhibit 10.1 to this current report on Form 8-K.

Item 8.01 Other Events.

On April 21, 2023, the Company issued a press release announcing the Company's entry into the Agreement. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.



Exhibits.

Exhibit No.   Description

10.1            Merchant Sourcing Agreement, dated as of April 20, 2023, by and
              between the Company and Alibaba.com Singapore E-Commerce Private
              Limited, a company organized under the laws of Singapore*
99.1            Press Release
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)

* Portions of the this document have been omitted because they are not material

and are the type that the Company treats as private and confidential.





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