CarParts.com terminates unused $50M at-the-market equity offering program

CarParts.com, Inc.

Terminated ATM equity offering program with D.A. Davidson effective March 18, 2022; no shares were ever sold.
Program authorized up to $50M aggregate gross sales price; no shares issued under it.
Company notes $30M stock repurchase plan with ~$29.5M remaining; 40,000 shares repurchased to date.
Cites inventory, undrawn credit line, and free cash flow as sufficient liquidity for strategy.

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