Caring Brands closes $3.6M PIPE with Series A Preferred and warrants; redeems 6.25M insider shares

Caring Brands, Inc.

Issued 3,789.74 Series A Preferred shares (stated value $1,000 each) and 9,473,685 warrants at $0.40 exercise price for $3.6M gross.
$3.075M of proceeds used to buy back 6,250,000 common shares from CEO, Chairman, and NovoDX; shares outstanding drop from 14.76M to 8.51M.
Series A Preferred pays 8% dividend (cash or common stock) and is convertible into common at $0.40 per share.
Purchaser receives additional investment right (AIR) to buy up to $4.0M of same securities at a discount to market price.
Warrants are exercisable for 5 years, with a 4.99% beneficial ownership limitation.

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

Caring Brands, Inc. entered into Securities Purchase Agreement with one accredited investor valued at $3,600,000 (effective 2026-03-19).

Action: entry
Agreement: equity purchase
Counterparty: one accredited investor
Value: $3,600,000
Effective: 2026-03-19

Exact text from the filing

On March 19, 2026, Caring Brands, Inc. (the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with one accredited investor (the “Purchaser”) for a private investment in public equity (the “PIPE Offering”) of 3,789,474 shares of its Series A Convertible Preferred Stock par value $0.001 per share, stated value $3,789,474 per share (the “Series A Preferred Stock”) , equating to 3,789.74 Series A Convertible Preferred Shares which equates to a purchase price of $950 per share of Series A Preferred Stock with a stated value of $1,000 per share, after factoring in an original issue discount (“OID”) of 5%.

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299 material agreements filed in the last 30 days. Browse all material agreements →

Caring Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-012418

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