CarParts.com expands collaboration with A-Premium to launch 30,000 JC Whitney SKUs; raises $8 million in private placement at $0.80 per share

Reuters03-25

<a href="https://laohu8.com/S/PRTS">CarParts</a>.com expands collaboration with A-Premium to launch 30,000 JC Whitney SKUs; raises $8 million in private placement at $0.80 per share

CarParts.com and A-Premium entered a collaboration agreement to launch about 30,000 new SKUs of primarily mechanical auto parts under the JC Whitney brand.
The cooperation covers JC Whitney branding, catalog, product sourcing and quality assurance, marketing materials and listings, and consolidated fulfillment.
An initial tranche of about 6,000 JC Whitney SKUs is in transit and is expected to be available for sale in early Q2 2026.
CarParts.com completed an $8 million private placement of common stock at $0.80 per share, with net proceeds earmarked primarily for inventory for the JC Whitney product line.
The companies said the commercial partnership established through a $35.7 million strategic investment is generating about $35 million in annualized revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Carparts.com Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603250900PR_NEWS_USPR_____LA18220) on March 25, 2026, and is solely responsible for the information contained therein.

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