Capstone Green Energy amends NPA; removes going-concern clause, cuts liquidity to $1M, defers tests

Capstone Energy Plus, Inc.

First Amendment to Dec 2023 Note Purchase Agreement adjusts Adjusted EBITDA covenant for restatement costs; first test at Sept 30, 2024.
Minimum Consolidated Liquidity reduced to $1,000,000 from Sept 30, 2024 to March 30, 2025; testing deferred to Sept 30, 2024.
Deadline for audited FY2024 financials extended to Sept 27, 2024; requirement that report have no 'going concern' qualification removed.
Amendment provides covenant relief as company addresses financial statement restatement and potential liquidity constraints.

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