debt
confidence high
sentiment neutral
materiality 0.30
Capstone receives $250K unsecured loan from eBliss; 90-day exclusivity for potential deal
CAPSTONE COMPANIES, INC.
- $250,000 unsecured working capital loan from eBliss Global, due March 4, 2027, at 7% simple annual interest.
- Loan includes a 90-day 'no shop' period granting eBliss exclusive right to discuss merger, acquisition, or joint venture.
- Special independent committee of directors Jeffrey Guzy and Warner Session formed to oversee discussions.
- No binding agreement exists; discussions are exploratory and may not result in any transaction.
- Capstone continues seeking a growth business line; prior focus on health/fitness but open to other industries.