An announcement from Capstone Companies ( (CAPC) ) is now available.
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Capstone Companies, Inc. secured a $125,914 loan from Coppermine Ventures to address its working capital needs, with interest set at an annual rate of 7%, payable by July 31, 2025. This move is crucial as Capstone transitions its management under a new agreement with Coppermine, aiming to rejuvenate its business strategy after unsuccessful attempts to launch a new product line. The loan and management change are part of Capstone’s strategy to stabilize its financial situation and explore new business opportunities.
For detailed information about CAPC stock, go to TipRanks’ Stock Analysis page.