Financing ·
Caring Brands, Inc. entered into a Securities Purchase Agreement on August 21, 2026, to raise up to $11 million…
CBRACaring Brands, Inc.
Caring Brands, Inc. entered into a Securities Purchase Agreement on August 21, 2026, to raise up to $11 million through the private placement of Series B Convertible Preferred Stock and warrants. The company will issue up to 11,000 shares of Series B Preferred Stock at $1,000 per share, which accrues an 8% annual dividend payable in cash or common stock. Investors receive two tranches of five-year warrants: Series A Warrants for 11 million shares at a $0.825 exercise price and Series B Warrants for 11 million shares at a $0.95 exercise price, both featuring full-ratchet anti-dilution protection. The company also amended its Series A Preferred Stock designation to increase designated shares from 4,000 to 4,500 and align liquidation preferences with the new Series B stock. Caring Brands operates in the senior living and healthcare services industry.