CarParts.com enters $50M at-the-market equity offering program with D.A. Davidson

CarParts.com, Inc.

Capacity to sell up to $50M of common stock through D.A. Davidson as sales agent.
Agent commission set at 1.5% of gross sales price; expenses up to $75K reimbursed.
Shares sold via ordinary brokers' transactions on Nasdaq at prevailing market prices.
Net proceeds for general corporate purposes including working capital and potential strategic transactions.
Offering made under existing shelf registration statement (File No. 333-240467).

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