---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-011022"
form_type: "8-K"
ticker: "PRTS"
cik: "0001378950"
company_name: "CarParts.com, Inc."
filed_at: "2026-03-25T23:59:59+00:00"
generated_at: "2026-05-15T08:59:00.538382+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-26-011022
- form_type: 8-K
- ticker: PRTS
- cik: 0001378950
- company_name: CarParts.com, Inc.
- filed_at: 2026-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378950/000114036126011022/0001140361-26-011022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378950/000114036126011022/ef20068628_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-011022
- JSON: https://secwatch.observer/filing/0001140361-26-011022.json
- Plain text: https://secwatch.observer/filing/0001140361-26-011022.txt

## Key facts
- Material Agreements
  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
  source text: 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")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378950/000114036126011022/0001140361-26-011022-index.htm
- Material Agreements
  CarParts.com, Inc. entered into Investor Rights Agreement with certain investors (effective 2026-03-21).
  - Action: entry
  - Counterparty: certain investors
  - Effective: 2026-03-21
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378950/000114036126011022/0001140361-26-011022-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378950/000114036126011022/0001140361-26-011022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.