Caring Brands, Inc. (NASDAQ: CABR) has closed its underwritten U.S. public offering of 1,000,000 shares of common stock at $4.00 per share, generating gross proceeds of approximately $4 million before underwriting discounts and expenses. The closing of the offering completes the company's uplisting to the Nasdaq Capital Market, where its shares began trading on November 13, 2025. Caring Brands granted the underwriter a 45-day option to purchase up to 150,000 additional shares.
The company intends to use the net proceeds for general working capital, marketing and sales of its proprietary products, and repayment of certain debt. This move to Nasdaq provides Caring Brands with increased visibility and access to a broader investor base, which could enhance liquidity and support future growth initiatives.
Caring Brands is a wellness consumer products company that offers several over-the-counter (OTC) and cosmetic products. Its product pipeline includes treatments for hair loss, eczema, psoriasis, vitiligo, and a jellyfish sting protective suncare line. The company ensures that all products have established mechanisms of action, efficacy determined through controlled clinical trials, protection via issued and filed patents, and acceptable commercial stability.
For more details, the full press release is available at https://ibn.fm/vAT68. Additional information about the company can be found on its website at https://caringbrands.com/.
