Mergers & Acquisitions ·
Capstone Companies, Inc. terminated a Letter of Intent with eBliss Global, Inc., effective upon thirty-five days'…
CAPCCapstone Companies, Inc.
Capstone Companies, Inc. terminated a Letter of Intent with eBliss Global, Inc., effective upon thirty-five days' prior written notice following receipt on August 1, 2026. The parties did not reach an agreement for any transactions contemplated in the Letter of Intent, which was initially effective May 14, 2026, and amended July 8, 2026. Due diligence had not progressed sufficiently to evaluate whether a transaction would benefit shareholders. The Mutual Non-Disclosure Agreement dated November 17, 2025, and an Unsecured Promissory Note issued March 3, 2026, remain in effect. Capstone intends to aggressively continue efforts to develop a new business line. Capstone Companies operates as a holding company seeking strategic growth opportunities.