Capstone Green Energy Holdings Inc. announced that it has entered into a securities purchase agreement for a private investment in public equity financing expected to result in gross proceeds of approximately $15 million before deducting placement agent fees and offering expenses. The private placement is anticipated to close on or about November 25, 2025, subject to customary closing conditions. The securities being issued in the private placement have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption. Capstone has agreed to file a registration statement with the Securities and Exchange Commission to register the resale of the shares of common stock and shares underlying pre-funded warrants. Craig-Hallum Capital Group LLC acted as the sole placement agent for the transaction.