Caring Brands, Inc. announced the pricing of its underwritten U.S. public offering of 1,000,000 common shares at a public offering price of $4.00 per common share.
The aggregate gross proceeds from the offering are approximately US $4,000,000 before deducting underwriting discounts and offering expenses.
The Company also granted the underwriters an option to purchase up to an additional 150,000 common shares.
Offering Details
1,000,000 common shares priced at $4.00 per share for gross proceeds of $4,000,000.
Nasdaq Listing
Caring Brands approved to list common shares on Nasdaq under the symbol CABR on or around Nov. 13, 2025.
Use of Proceeds
Intends to use net proceeds for general and working capital purposes, marketing, sales of proprietary products, and debt repayment.
- The uplisting to Nasdaq signifies a significant milestone for Caring Brands, enhancing its visibility and potential investor interest.
- The approval to list on Nasdaq reflects investor confidence in the Company's growth prospects and product offerings.
Caring Brands' successful pricing of the offering and approval for Nasdaq listing demonstrate positive market reception and a strong outlook for the Company's future growth.