Recent Updates — CABR
Caring Brands, Inc. announced the departure of Brian John as Interim CFO, Principal Accounting Officer, and Chairman on September 16, 2026. The Board appointed Dr. Glynn Wilson as Chairman effective September 18, 2026. Concurrently, the company appointed Brian R. Meadows as full-time Chief Financial Officer and principal financial officer, effective September 18, 2026. This appointment follows an amendment to a consulting services agreement with Myall Luna Ventures Inc., increasing the monthly fee from $10,000 to $15,000. Mr. Meadows was previously appointed as a director on September 4, 2026. The company operates in the healthcare and wellness sector.
Caring Brands completed a subsequent closing of its Series B Convertible Preferred Stock private placement on September 11, 2026, issuing 2,549.9 shares and warrants to purchase up to 2,549,900 common shares for $2,549,900 in gross proceeds. Following this transaction, the company has raised a total of $7,149,900 from the offering. The filing provides preliminary pro forma financials demonstrating that stockholders' equity increased to approximately $8.2 million, exceeding the $2.5 million Nasdaq Capital Market listing requirement and supporting the company's appeal against a previous delisting determination. Caring Brands operates in the pet care industry.
Caring Brands, Inc. appointed Brian R. Meadows as an independent director effective September 4, 2026, following Board approval on September 3, 2026. Concurrently, the Company entered into a Consulting Services Agreement with Myall Luna Ventures Inc., where Mr. Meadows serves as President, to provide financial and accounting management services for $10,000 per month through September 1, 2027. As part of his director appointment, Mr. Meadows received an annual grant of options to purchase 25,000 shares under the Company’s Equity Incentive Plan. Caring Brands operates in the senior living and healthcare real estate industry.
Caring Brands, Inc. completed an initial closing under a $9 million private placement on September 1, 2026, raising $4.6 million through the issuance of convertible preferred shares to accredited investors. The company expects to close an additional $4.4 million by September 4, 2026, contingent on fund clearance and satisfaction of closing conditions. Proceeds will fund domestic and international marketing campaigns and establish a proprietary salesforce to accelerate revenue growth. Caring Brands operates in the consumer wellness industry, developing and licensing patented products for skin and hair treatments.
Caring Brands completed an initial closing of a private placement on September 1, 2026, raising $4.6 million in gross proceeds by issuing 4,600 shares of Series B Convertible Preferred Stock at $1,000 per share and associated warrants to purchase up to 9.2 million common shares. The preferred stock converts into approximately 6.57 million common shares at an initial price of $0.70 per share. Concurrently, the company amended its Series A Certificate of Designation to eliminate a redemption right upon triggering events, resulting in estimated stockholders' equity of $5.85 million as of September 1, 2026. The company expects to complete additional closings for up to $4.4 million by early September 2026, potentially raising total equity to approximately $10.25 million and maintaining compliance with Nasdaq listing requirements. Caring Brands operates in the pet care industry, owning and operating veterinary hospital brands.