Capstone Companies, Inc.

Capstone Companies, Inc. is a Florida corporation that previously designed, promoted, and licensed consumer products aimed at simplifying daily living through technology. Its most recent product was the Connected Chef kitchen tablet, which the company was unable to successfully commercialize in fiscal year 2025. In fiscal year 2025, the company also pursued developing a new business line in the health, fitness, and social activities industry, but this effort did not result in the acquisition or development of a business in this sector. The company plans to consider opportunities in other industries in fiscal year 2025 and fiscal year 2026. As part of its 2026 business development efforts, on March 3, 2026, Capstone Companies, Inc. entered into an unsecured promissory note with eBliss Global, Inc. The eBliss Note has a seven percent simple annual interest rate, with principal and accrued interest due in a single lump sum payment on March 4, 2027. eBliss Global, Inc. is a private early-stage Delaware corporation focused on developing and producing e-mobility solutions, initially manufacturing e-bikes as transportation vehicles at a factory in Utica, New York. The loan provides working capital to eBliss Global, Inc. and serves as partial consideration for a 90-day 'no shop' provision within the eBliss Note. The eBliss Note does not allow for conversion of debt to equity securities.