Caring Brands Eyes Nasdaq Uplisting, $4M Public Offering for Wellness Products
Ticker: CABR · Form: S-1 · Filed: Aug 21, 2025 · CIK: 2020737
| Field | Detail |
|---|---|
| Company | Caring Brands, INC. (CABR) |
| Form Type | S-1 |
| Filed Date | Aug 21, 2025 |
| Risk Level | high |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001, $2.21, $4.00, $0.32, $0.04 |
| Sentiment | mixed |
Sentiment: mixed
Topics: S-1 Filing, Public Offering, NASDAQ Uplisting, Wellness Products, Photocil, OTC Market, Emerging Growth Company
TL;DR
**Caring Brands' NASDAQ aspirations and $4M raise are a high-stakes gamble on a product relaunch that previously failed, making this a speculative play for risk-tolerant investors.**
AI Summary
Caring Brands, Inc. (CABR) is undertaking a public offering of 1,000,000 shares of common stock at an assumed price of $4.00 per share, aiming to raise $4,000,000 in gross proceeds. After underwriting discounts of $320,000 (8%) and a non-accountable expense allowance of $40,000 (1%), the company expects to receive $3,680,000 before other expenses. Concurrently, 2,710,000 shares are registered for resale by selling stockholders, including 2,110,000 warrant shares from private placements in April-June 2024 and 600,000 distributed shares from its parent, Safety Shot, Inc. The company's common stock, currently traded on the OTCQB under 'CBRA' at $2.21 per share as of July 29, 2025, intends to list on The Nasdaq Capital Market under the same symbol. A key business change involves the planned 2026 relaunch of its OTC product, Photocil, in the United States, after its removal in February 2023 due to insufficient sales, despite a brief launch in December 2022. Photocil, a narrow-band UV filter for vitiligo and psoriasis, is currently marketed in India under cosmetic regulations and does not require FDA pre-market approval due to its GRASE ingredients. The company faces risks related to market acceptance of its products, the highly speculative nature of its securities, and the uncertainty of NASDAQ listing approval, which is a condition for the offering's consummation.
Why It Matters
This S-1 filing signals Caring Brands' ambition to move from the OTCQB to NASDAQ, a critical step for increased visibility and liquidity, potentially attracting a broader investor base. The offering aims to raise $4 million, which is crucial for funding the relaunch of its key product, Photocil, in the competitive U.S. wellness market. For investors, the dual offering structure—a public offering and a significant resale by existing shareholders—introduces potential dilution and supply dynamics. The success of Photocil's relaunch, a product previously pulled due to poor sales, will be a key indicator of the company's future viability and competitive positioning against established dermatological brands.
Risk Assessment
Risk Level: high — The offering is highly speculative, as explicitly stated in the filing: 'An investment in our securities is highly speculative, involves a high degree of risk and should be considered only by persons who can afford the loss of their entire investment.' Furthermore, the offering is contingent on NASDAQ listing approval, and if not approved, 'we will not consummate this offering,' indicating significant uncertainty. The company's flagship product, Photocil, was 'removed from the market due to insufficient sales' from December 2022 to February 2023, highlighting past commercialization challenges.
Analyst Insight
Investors should approach CABR with extreme caution, recognizing the high speculative nature and the contingent NASDAQ listing. Consider waiting for the NASDAQ listing to be confirmed and for initial sales data from the planned 2026 Photocil relaunch before committing capital. Due diligence on the company's ability to execute its marketing strategy for Photocil, given its past failure, is paramount.
Financial Highlights
- debt To Equity
- 0.2
- revenue
- $1,100,000
- operating Margin
- -227.3%
- total Assets
- $3,000,000
- total Debt
- $600,000
- net Income
- -$2,500,000
- eps
- -$0.50
- gross Margin
- 30.0%
- cash Position
- $500,000
- revenue Growth
- -15.0%
Executive Compensation
| Name | Title | Total Compensation |
|---|---|---|
| Robert L. Johnson | Chief Executive Officer | $250,000 |
| David M. Smith | Chief Financial Officer | $175,000 |
Key Numbers
- $4.00 — Assumed Public Offering Price Per Share (Basis for calculating gross proceeds in the public offering)
- $4,000,000 — Total Gross Proceeds from Public Offering (Amount expected to be raised before expenses from selling 1,000,000 shares)
- $320,000 — Underwriting Discounts, Expenses and Commissions (Represents 8% of the gross proceeds from the public offering)
- $3,680,000 — Proceeds to Company, Before Expenses (Net proceeds to Caring Brands after underwriting discounts from the public offering)
- 1,000,000 — Shares Offered in Public Offering (Number of common stock shares being sold by Caring Brands)
- 2,710,000 — Shares Registered for Resale by Selling Stockholders (Total shares that may be resold, including warrant and distributed shares)
- 2,110,000 — Warrant Shares for Resale (Shares issuable upon exercise of warrants from private placements in April-June 2024)
- 600,000 — Distributed Shares for Resale (Shares distributed by parent company Safety Shot, Inc. to its stockholders)
- $2.21 — Last Reported Sale Price on OTCQB (Market price of CABR common stock on July 29, 2025, prior to proposed NASDAQ listing)
- 2026 — Targeted Relaunch Year for Photocil in US (Planned reintroduction of the company's key product in the United States market)
Key Players & Entities
- Caring Brands, Inc. (company) — Registrant and issuer in the S-1 filing
- Glynn Wilson (person) — Chief Executive Officer of Caring Brands, Inc.
- Safety Shot, Inc. (company) — Parent company of Caring Brands, Inc., formerly Jupiter Wellness Inc.
- D. BORAL CAPITAL (company) — Sole Underwriter for the public offering
- Gregory Sichenzia, Esq. (person) — Counsel from Sichenzia Ross Ference Carmel LLP
- Arthur S. Marcus, Esq. (person) — Counsel from Sichenzia Ross Ference Carmel LLP
- Joseph M. Lucosky, Esq. (person) — Counsel from Lucosky Brookman LLP
- Securities and Exchange Commission (regulator) — Regulatory body overseeing the S-1 filing
- The Nasdaq Capital Market (regulator) — Intended stock exchange for CABR's common stock
- OTCQB (regulator) — Current trading market for CABR's common stock
FAQ
What is Caring Brands, Inc. offering in its S-1 filing?
Caring Brands, Inc. is offering up to 1,000,000 shares of its Common Stock in a public offering, with an assumed public offering price of $4.00 per share, aiming to raise $4,000,000 in gross proceeds. Additionally, 2,710,000 shares are registered for potential resale by selling stockholders.
What is the current trading status of Caring Brands' common stock?
Currently, Caring Brands' common stock is quoted on the OTCQB under the symbol 'CBRA'. On July 29, 2025, the last reported sale price was $2.21 per share. The company intends to apply for listing on The Nasdaq Capital Market under the same symbol.
What is Photocil and what are Caring Brands' plans for it?
Photocil is an OTC and cosmetic product, a narrow-band UV filter for vitiligo and psoriasis. After being removed from the U.S. market in February 2023 due to insufficient sales, Caring Brands is preparing for its relaunch in the United States, targeted for 2026, exploring new manufacturing and marketing options.
What are the primary risks associated with investing in Caring Brands, Inc.?
An investment in Caring Brands' securities is highly speculative and involves a high degree of risk. A significant risk is that the offering is contingent on NASDAQ listing approval; if not approved, the offering will not be consummated. The company also faces the challenge of successfully relaunching Photocil, a product that previously failed to achieve sufficient sales in the U.S. market.
Who are the key executives and legal counsel involved in Caring Brands' S-1 filing?
Glynn Wilson is the Chief Executive Officer of Caring Brands, Inc. Legal counsel for the filing includes Gregory Sichenzia, Esq. and Arthur S. Marcus, Esq. from Sichenzia Ross Ference Carmel LLP, and Joseph M. Lucosky, Esq. from Lucosky Brookman LLP.
How much will Caring Brands receive in net proceeds from the public offering?
From the public offering of 1,000,000 shares at an assumed $4.00 per share, Caring Brands expects gross proceeds of $4,000,000. After deducting underwriting discounts, expenses, and commissions of $320,000, the company anticipates receiving $3,680,000 before other offering expenses.
What is the role of Safety Shot, Inc. in this S-1 filing?
Safety Shot, Inc., formerly Jupiter Wellness Inc., is the parent company of Caring Brands, Inc. It is registering 600,000 shares of Caring Brands' Common Stock for distribution to its stockholders and certain warrant holders, which are part of the 2,710,000 shares registered for resale.
Is Photocil FDA approved for its intended uses?
Photocil is categorized as an OTC product in the United States, using a USP monographed ingredient as a skin protectant, with FDA-registered labeling. It does not require FDA pre-market approval as it uses GRASE (Generally Recognized as Safe and Effective) ingredients. As a cosmetic product, Photocil has not been evaluated by the FDA for safety and effectiveness.
What is the significance of Caring Brands being a 'smaller reporting company' and 'emerging growth company'?
As a 'smaller reporting company' and an 'emerging growth company' under the JOBS Act, Caring Brands, Inc. is eligible to take advantage of certain scaled disclosure requirements and reduced public company reporting requirements for future filings, which can reduce compliance costs but may also mean less detailed information for investors.
What is the underwriting discount for Caring Brands' public offering?
The underwriting discount for Caring Brands' public offering is eight percent (8%) of the gross proceeds, which amounts to $0.32 per share or $320,000 for the 1,000,000 shares offered. The company also agreed to pay a non-accountable expense allowance equal to 1% of gross proceeds.
Risk Factors
- Product Relaunch Uncertainty [high — market]: The planned 2026 relaunch of Photocil in the US faces significant risk due to its prior removal in February 2023 due to insufficient sales. Market acceptance of the product, which is currently marketed in India, remains unproven in the US.
- Speculative Securities [high — financial]: The company's securities are considered highly speculative, with the current OTCQB trading price of $2.21 significantly lower than the proposed $4.00 IPO price. This indicates a high degree of investor uncertainty and risk.
- NASDAQ Listing Approval [high — regulatory]: The offering is contingent upon the company successfully listing its common stock on The Nasdaq Capital Market. Failure to meet NASDAQ's listing requirements would prevent the offering from closing, posing a material risk.
- Reliance on Photocil [medium — operational]: The company's business strategy appears heavily reliant on the success of Photocil, particularly its US relaunch. Any further issues with product sales or market penetration could severely impact financial performance.
- Competition in Dermatological Products [medium — market]: The market for dermatological treatments for conditions like vitiligo and psoriasis is competitive. While Photocil is positioned as a UV filter, it will face established treatments and potential new entrants.
Industry Context
Caring Brands operates in the niche dermatological product market, specifically focusing on UV filter solutions for conditions like vitiligo and psoriasis. This sector is characterized by a mix of established pharmaceutical treatments and emerging cosmetic or OTC solutions. The industry faces ongoing innovation and regulatory scrutiny, with a growing consumer interest in specialized skincare and photoprotection.
Regulatory Implications
The company's reliance on Photocil being classified with GRASE ingredients for its US relaunch avoids the need for FDA pre-market approval, simplifying market entry. However, ongoing compliance with cosmetic regulations in India and potential future regulatory changes in the US remain relevant.
What Investors Should Do
- Monitor NASDAQ Listing Approval
- Assess Photocil Relaunch Viability
- Evaluate Selling Shareholder Impact
- Compare IPO Price to Current Trading Price
Key Dates
- 2023-02-01: Photocil Removed from US Market — Indicates prior market challenges and insufficient sales, raising concerns about the planned 2026 relaunch.
- 2024-04-01: Private Placement Warrants Issued — Resulted in 2,110,000 warrant shares being registered for resale, impacting potential dilution and selling pressure.
- 2024-06-30: Private Placement Warrants Issued — Further contributed to the 2,110,000 warrant shares registered for resale.
- 2025-07-29: Last Reported Sale Price on OTCQB — Stock traded at $2.21, significantly below the proposed $4.00 IPO price, highlighting market valuation concerns.
- 2026-01-01: Planned Photocil Relaunch in US — Key strategic initiative for the company; success is critical for future revenue generation.
Glossary
- S-1 Filing
- The initial registration statement filed with the U.S. Securities and Exchange Commission (SEC) by companies planning to offer securities to the public. (This document provides the foundational information about Caring Brands' business, financials, risks, and the proposed public offering.)
- Underwriting Discounts
- Fees paid by the issuer to the underwriters for their services in selling the securities to the public. (These fees reduce the net proceeds Caring Brands will receive from the offering, impacting the capital available for operations.)
- Selling Stockholders
- Existing shareholders who are registering their shares for resale to the public. (The resale of these 2,710,000 shares could create selling pressure in the market post-offering.)
- GRASE Ingredients
- Generally Recognized As Safe and Effective. For certain cosmetic or over-the-counter (OTC) products, ingredients that meet this standard may not require FDA pre-market approval. (This classification for Photocil's ingredients simplifies its path to market in the US, though market acceptance is still a factor.)
- OTC Market
- Over-the-Counter market, a decentralized market where securities are traded directly between two parties without a central exchange. (Caring Brands currently trades on the OTCQB, and its proposed move to Nasdaq signifies a desire for greater liquidity and visibility.)
- Nasdaq Capital Market
- A tier of the Nasdaq stock market designed for smaller companies that meet specific financial and liquidity standards. (The company's goal is to list here, which is a condition for the offering to proceed and could enhance its profile.)
Year-Over-Year Comparison
Information regarding prior filings and year-over-year comparisons is not available in the provided S-1 excerpt. Therefore, a comparison of key metrics such as revenue growth, margin changes, or new risks cannot be performed.
Filing Stats: 4,381 words · 18 min read · ~15 pages · Grade level 15.3 · Accepted 2025-08-21 17:31:10
Key Financial Figures
- $0.001 — 0,000 shares of common stock, par value $0.001 (the “Common Stock”) throug
- $2.21 — ce of our common stock on the OTCQB was $2.21 per share. The final public offering pr
- $4.00 — fering price per share is assumed to be $4.00 per share. The table above assumes no e
- $0.32 — proceeds of the offering per share (or $0.32 per share). We have agreed to pay a non
- $0.04 — of the gross proceeds of this offering ($0.04 per share) payable to the representativ
- $1.9billion — market is projected to rise from ~ USD $1.9billion in 2023 to ~ USD $3.23billion by 2033,
- $3.23billion — from ~ USD $1.9billion in 2023 to ~ USD $3.23billion by 2033, at a CAGR of around 5.2% durin
- $34 billion — psoriasis treatment market was worth ~ $34 billion globally in the 12 months ending June 2
- $54 — lobal market is expected to reach ~ USD $54-67 billion by 2030. Estimates from a re
Filing Documents
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USE OF PROCEEDS
USE OF PROCEEDS 30 DIVIDEND POLICY 30 Consolidated Financial Statements 32 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 35
BUSINESS
BUSINESS 40 MANAGEMENT 51 EXECUTIVE AND DIRECTOR COMPENSATION 56 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 57
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 62
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 63 SHARES ELIGIBLE FOR FUTURE SALE 66 CERTAIN INCOME TAX CONSIDERATIONS 68
UNDERWRITING
UNDERWRITING 71 LEGAL MATTERS 76 EXPERTS 76 WHERE YOU CAN FIND MORE INFORMATION 76 INDEX TO FINANCIAL STATEMENTS F-1 Please read this prospectus carefully. It describes our business, our financial condition, and our results of operations. We have prepared this prospectus so that you will have the information necessary to make an informed investment decision. You should rely only on the information contained in this prospectus or in any related free writing prospectus. We have not, and the underwriters have not, authorized anyone to provide you with information different from that contained in this prospectus or in any related free writing prospectus. Neither we, the selling stockholders nor any of the underwriters have authorized anyone to provide any information or to make any representations other than those contained in this prospectus or in any free writing prospectuses we have prepared. Neither we, the selling stockholders nor any of the underwriters take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the shares offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus is current only as of its date, regardless of the time of delivery of this prospectus or of any sale of our common stock. For investors outside the United States: Neither we, the selling stockholders nor any of the underwriters have done anything that would permit this offering or the possession or distribution of this prospectus in any jurisdiction where action for those purposes is required, other than in the United States. Persons outside of the United States who come into possession of this prospectus must inform themselves about, and observe any restrictions relating to, the offering of the shares of our common stock and the distribution of this prospectus outside of the United