{"id":999858,"date":"2026-09-02T09:42:43","date_gmt":"2026-09-02T13:42:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement\/"},"modified":"2026-09-02T09:42:43","modified_gmt":"2026-09-02T13:42:43","slug":"caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement\/","title":{"rendered":"Caring Brands Inc. (Nasdaq: CABR) Completes Initial $4.6 Million Closing Under Ongoing $9 Million Private Placement"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">\n        <i>According To Company\u2019s Recent 8K, The Company Initially Closed On $4.6 Million Of A $9.0 Million Round That Is In Progress On A Rolling Basis<\/i>\n      <\/p>\n<p align=\"justify\">\n        <i>Company Will Use Initial Closing Proceeds To Launch Company\u2019s New Salesforce And Marketing Campaigns<\/i>\n      <\/p>\n<p align=\"justify\">\n        <strong>Fort Pierce, FL, Sept.  02, 2026  (GLOBE NEWSWIRE) &#8212; <\/strong>Caring Brands Inc. (Nasdaq: CABR) a wellness consumer-products company, today provided an update regarding the status of its $9 Million Purchase Agreement.<\/p>\n<p align=\"justify\">On September 1, 2026, the Company completed an initial closing under the Purchase Agreement (the \u201cInitial Closing\u201d), pursuant to which the Company issued and sold to certain accredited investors the initial $4.6 Million in convertible preferred shares.<\/p>\n<p align=\"justify\">In the Current Report on Form 8-K, the Company said: \u201cThe Company expects to complete one or more additional closings under the Purchase Agreement on a rolling basis with Investors that are party to the Purchase Agreement. As of the date of this Current Report on Form 8-K, an additional $4,400,000 of subscription documents have been executed and the Company is waiting for these funds to clear. Upon the release of such funds to the Company, it expects to issue an additional 4,400 shares of Series B Preferred Stock, Series A Warrants to purchase up to 4,400,000 shares of Common Stock and Series B Warrants to purchase up to 4,400,000 shares of Common Stock. The Company expects such release and issuance to occur on or before September 4, 2026, subject to the satisfaction or waiver of the applicable closing conditions. No assurance can be given that any such additional closing will be completed, in whole or in part, or as to the timing or amount thereof.\u201d<\/p>\n<p align=\"justify\">Dr. Glynn Wilson, Chief Executive Officer of Caring Brands said: \u201cWe are now ready to begin funding our full domestic and international marketing campaigns and create the Company\u2019s proprietary salesforce, moves that should enable us to substantially increase revenues at a quicker pace.\u201d<\/p>\n<p align=\"justify\">\n        <b>About Caring Brands<\/b>\n      <\/p>\n<p align=\"justify\">Caring Brands Inc. has a growing portfolio of unique, patented, and clinically validated products for skin and hair growth. The Company intends to launch a total of five products over the next two years in addition to in-licensing additional products. Management has a successful track record of strategic acquisitions, rapid product development, IP development and product licensing. Revenues from the sales of Hair Enzyme Booster for the treatment of hair loss, and Photocil for the treatment of psoriasis and vitiligo, are currently being generated by direct sales in the US and licensees in India. Additional product opportunities include CB-101 for the treatment of eczema, NoStingz, a sunscreen that prevents jellyfish stings.<\/p>\n<p align=\"justify\">\n        <b>Contact:<\/b>\n      <\/p>\n<p align=\"left\">Brian S John<br \/>Chief Investment Officer<br \/>(561) 896-7616<\/p>\n<p align=\"justify\">\n        <b>Forward-Looking Statements<\/b><br \/>\n        <br \/>This communication contains forward-looking statements regarding Caring Brands, Inc., including statements concerning the Company\u2019s intellectual property strategy, product development and commercialization, licensing opportunities and potential strategic relationships, the Company\u2019s ability to regain compliance with Nasdaq listing requirements and the outcome of the Hearings Panel proceeding, and the activities and commercialization plans of the Company\u2019s existing licensees. Forward-looking statements may be identified by words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cexplore,\u201d \u201cevaluate,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cproject,\u201d \u201cseek,\u201d \u201cshould\u201d or \u201cwill,\u201d and similar expressions. These statements are based on the Company\u2019s current plans, objectives, estimates and expectations and inherently involve risks and uncertainties, many of which are beyond its control. Actual results and the timing of events could differ materially as a result of these risks and uncertainties, including the outcome of patent prosecution; challenges involving patent validity, enforceability, ownership or scope; regulatory developments; development and manufacturing risks; market acceptance; competition; access to capital; and the other risks described under Item 1A, \u201cRisk Factors,\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2025, filed on March 31, 2026, and in its subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=klsORhaHu3y1lRnh7f5By6PNL6NO_yZnSw2YIhf5FqiZhn_rvnjzFVlJEF9uOuBmVvXAA-9EmJxakPnO7P5WqQ==\" rel=\"nofollow\" target=\"_blank\">www.sec.gov<\/a>. Investors are cautioned that forward-looking statements are not guarantees of future performance. The statements in this communication speak only as of the date made, and Caring Brands undertakes no obligation to update or supplement them, except as required by law.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyMDI0OSM3ODE0ODQxIzUwMDEzNDg1Mg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NWI0NGMzNWEtMWZhMS00MDk1LWE1ZjUtYjYyMDE3NDRkMDNlLTUwMDEzNDg1Mi0yMDI2LTA5LTAyLWVu\/tiny\/Caring-Brands-Inc.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>According To Company\u2019s Recent 8K, The Company Initially Closed On $4.6 Million Of A $9.0 Million Round That Is In Progress On A Rolling Basis Company Will Use Initial Closing Proceeds To Launch Company\u2019s New Salesforce And Marketing Campaigns Fort Pierce, FL, Sept. 02, 2026 (GLOBE NEWSWIRE) &#8212; Caring Brands Inc. (Nasdaq: CABR) a wellness consumer-products company, today provided an update regarding the status of its $9 Million Purchase Agreement. On September 1, 2026, the Company completed an initial closing under the Purchase Agreement (the \u201cInitial Closing\u201d), pursuant to which the Company issued and sold to certain accredited investors the initial $4.6 Million in convertible preferred shares. In the Current Report on Form 8-K, the Company said: \u201cThe Company expects &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Caring Brands Inc. (Nasdaq: CABR) Completes Initial $4.6 Million Closing Under Ongoing $9 Million Private Placement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-999858","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Caring Brands Inc. (Nasdaq: CABR) Completes Initial $4.6 Million Closing Under Ongoing $9 Million Private Placement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Caring Brands Inc. (Nasdaq: CABR) Completes Initial $4.6 Million Closing Under Ongoing $9 Million Private Placement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"According To Company\u2019s Recent 8K, The Company Initially Closed On $4.6 Million Of A $9.0 Million Round That Is In Progress On A Rolling Basis Company Will Use Initial Closing Proceeds To Launch Company\u2019s New Salesforce And Marketing Campaigns Fort Pierce, FL, Sept. 02, 2026 (GLOBE NEWSWIRE) &#8212; Caring Brands Inc. (Nasdaq: CABR) a wellness consumer-products company, today provided an update regarding the status of its $9 Million Purchase Agreement. On September 1, 2026, the Company completed an initial closing under the Purchase Agreement (the \u201cInitial Closing\u201d), pursuant to which the Company issued and sold to certain accredited investors the initial $4.6 Million in convertible preferred shares. In the Current Report on Form 8-K, the Company said: \u201cThe Company expects &hellip; Continue reading &quot;Caring Brands Inc. 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(Nasdaq: CABR) a wellness consumer-products company, today provided an update regarding the status of its $9 Million Purchase Agreement. On September 1, 2026, the Company completed an initial closing under the Purchase Agreement (the \u201cInitial Closing\u201d), pursuant to which the Company issued and sold to certain accredited investors the initial $4.6 Million in convertible preferred shares. In the Current Report on Form 8-K, the Company said: \u201cThe Company expects &hellip; Continue reading \"Caring Brands Inc. (Nasdaq: CABR) Completes Initial $4.6 Million Closing Under Ongoing $9 Million Private Placement\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-02T13:42:43+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTgyMDI0OSM3ODE0ODQxIzUwMDEzNDg1Mg==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/caring-brands-inc-nasdaq-cabr-completes-initial-4-6-million-closing-under-ongoing-9-million-private-placement\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Caring Brands Inc. 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