Latest Current Report
Filed: 2026-03-05
Key Insights
- Capstone Companies, Inc. (CAPC) has entered into an unsecured working capital loan agreement with eBliss Global, Inc. for $250,000 at 7% annual interest, due in a single lump sum payment on March 4, 2027.
- The loan agreement includes a 90-day 'no shop' provision, during which Capstone will not entertain any merger, acquisition, or strategic alliance proposals from third parties, except during the last 30 days if eBliss' proposal is not finalized.
- Capstone has formed a special committee of independent directors to conduct discussions with eBliss during the 'no shop' period, but there is no commitment that any transaction will result from these discussions.