Capstone Holding entered into a first amendment to its Amended and Restated Common Stock Purchase Agreement with Tumim Stone on July 2, 2026. The $20 million equity purchase facility remains in place, with each purchase capped at the lesser of 1,000,000 shares or 25% of trading volume. The amendment sets the VWAP Purchase Price to the greater of the lowest trade during the valuation period or 90% of VWAP excluding opening and closing prints, and shifts the valuation period end to 3:59:59 p.m. Management expects the changes to refine pricing and execution for future draws.
Agreement details:
- Agreement type: Amendment to equity purchase agreement for up to $20 million of common stock
- Counterparty: Tumim Stone Capital
- Signed / Effective: Jul 02 2026 / same
- Duration / Termination: At will
- Reason: Improve pricing mechanics and execution timing for equity financing
Original SEC Filing:
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