CarParts.com explores strategic alternatives including possible sale after inbound inquiries

CarParts.com, Inc.

Company announces exploration of strategic alternatives, including a possible sale, in response to inbound strategic inquiries.
Board retains Craig-Hallum Capital Group as financial advisor and Wilson Sonsini & Rosati as legal counsel.
CEO David Meniane cites investments in vertically integrated supply chain and nationwide fulfillment network.
No timeline set for completion; no assurance any transaction will result from this process.
Company will not provide updates unless a definitive agreement is entered into or disclosure is required.

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