Ryan Sigdahl

- CarParts.com, Inc. (PRTS) secured a strategic investment totaling **$35.7 million** from ZongTeng Group, A-Premium, and CDH Investments.  **[1378950_0001140361-25-034642_ef20055375_ex99-1.htm:1]** **[1378950_0001140361-25-034642_ef20055375_ex99-1.htm:3]** 
- The investment, which concluded a strategic alternatives review process initiated in March 2025, involved the issuance of approximately **10.3 million** new common shares at **$1.04 per share** and **$25 million** in convertible notes.  **[1378950_0001140361-25-034642_ef20055375_ex99-1.htm:3]**  The notes have a **three-year term**, a **two percent annual interest rate**, and a conversion price of **$1.20 per common share**.  **[1378950_0001140361-25-034642_ef20055375_ex99-1.htm:3]** 
- As part of the transaction, CarParts.com entered into a long-term commercial partnership with A-Premium, providing access to over **150,000 additional products**, and will collaborate with ZongTeng Group to leverage their distribution and logistics expertise.  **[1378950_0001140361-25-034642_ef20055375_ex99-1.htm:1]** 
- The company's existing credit facility was amended on September 8, 2025, reducing aggregate commitments from $75 million to **$25 million** and modifying the maturity date from June 17, 2027, to **September 8, 2026**.  **[1378950_0001140361-25-034642_ef20055375_8k.htm:5]**

CarParts.com (PRTS)