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Capstone Holding Corp. made big changes to its financial deals, including extending a loan's due date.

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Capstone gained more time to repay its note, and the lender cannot collect for earlier defaults before the new due date. The lender keeps the right to turn the note into shares, and Capstone may sell up to $20 million in shares, balancing the extra time against possible pressure on current owners' stakes.

CAPS · Capstone Holding Corp.

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This gives CAPS more time to repay debt and eases collection pressure from earlier defaults. The lender can still turn its note into shares. CAPS also extended an agreement allowing it to sell up to $20 million in shares. The extra time is balanced by the possibility of more shares and smaller ownership stakes for current holders.

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