CarParts.com raises $8M in private placement to fund JC Whitney inventory; 30,000 SKUs planned with A-Premium

CarParts.com, Inc.

Completed $8M private placement of 10M shares at $0.80 per share to fund inventory for JC Whitney product line.
Collaboration with A-Premium to launch ~30,000 new SKUs of mechanical auto parts under JC Whitney brand.
First tranche of 6,000 SKUs in transit, expected available for sale in Q2 2026.
Existing partnership with A-Premium (from Sep 2025 $35.7M investment) generating ~$35M annualized revenue.
Q4 2025 operating expenses declined $7.7M YoY; company expects accretive returns on inventory investment.

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Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CarParts.com, Inc. amended Convertible Note Amendments with certain investors (the “Holders”) (effective 2026-03-24).

Action: amendment
Agreement: notes offering
Counterparty: certain investors (the “Holders”)
Effective: 2026-03-24

Exact text from the filing

On March 24, 2026, the Company entered into amendments (the “Convertible Note Amendments”) to certain convertible notes (the “Convertible Notes”) issued pursuant to a purchase agreement dated September 8, 2025 with certain investors (the “Holders")

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CarParts.com, Inc. entered into Investor Rights Agreement with certain investors (effective 2026-03-21).

Action: entry
Counterparty: certain investors
Effective: 2026-03-21

Exact text from the filing

the Company entered into an Investor Rights Agreement with the Purchasers providing customary resale registration rights and, while the Purchasers and their affiliates collectively maintain at least 10% beneficial ownership, the right to designate one member of the Company’s Board of Directors

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CarParts.com, Inc. entered into Purchase Agreement with certain investors valued at gross proceeds of $8.0 million (effective 2026-03-21).

Action: entry
Agreement: equity purchase
Counterparty: certain investors
Value: gross proceeds of $8.0 million
Effective: 2026-03-21

Exact text from the filing

On March 21, 2026, CarParts.com, Inc. (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) with certain investors (the “Purchasers”), pursuant to which the Company agreed to issue and sell to the Purchasers, in a private placement, an aggregate of 10,000,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (“Common Stock”), at a purchase price of $0.80 per share for gross proceeds of $8.0 million

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CarParts.com, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-26-011022

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