Capstone Companies, Inc. announces Execution of Binding Letter of Intent with eBliss Global, Inc.

DEERFIELD BEACH, FL / ACCESS Newswire / May 18, 2026 / Capstone Companies, Inc. ("Capstone") (OTCQB:CAPC) today announced that it has entered into a binding Letter of Intent ("LOI") with eBliss Global, Inc. ("eBliss") for commencement of negotiations and mutual due diligence reviews to explore the possibility of a mutually acceptable acquisition of 100% of the issued capital stock of eBliss in tax-free stock-for-stock reorganization or similar acquisition transaction ("Transaction"). Under the LOI, Capstone and eBliss agreed to: -commence negotiations for a mutually acceptable Transaction agreement; -conduct mutual and usual and customary due diligence reviews; -a mutual ‘no shop' provision for the period from May 14, 2026 through July 1, 2026 ("Period"), subject to the right of Capstone or eBliss to terminate the LOI and ‘no shop' provision without cause and upon prior written notice; and -joint pursuit of funding required to fund estimated Transaction costs and post-transaction working capital for both companies.