Capstone Holding Corp.

Snapshot

Capstone is a tiny building-products distributor with FY 2025 revenue of $46.9M, up 4.5%, but a net loss of $21.2M, driven partly by interest expense and dilution-related charges.

What's Happening Right Now

• Fri 30th Oct '26 · Equity line S-1: On Oct 30, 2026, Capstone filed an S-1 for resale of shares tied to an $18.3M equity line it can still draw, disclosed alongside going-concern doubt first raised in Q2 2026 and an Event of Default on its 3i, LP convertible note that matured Oct 22, 2026 with no extension agreed.
• Fri 30th Oct '26 · Registration: Registered 333K shares for sale on Form S-1.
• Wed 21st Oct '26 · Reverse split: Capstone completed a 1-for-30 reverse stock split effective Oct 19, 2026, cutting shares outstanding from about 27.5 million to roughly 918,000, a move tied to Nasdaq's minimum bid price requirement and flagged alongside going-concern and covenant risk disclosures.
• Mon 19th Oct '26 · Conversion price reset: Conversion price $0.2949 → $8.85.
• Tue 13th Oct '26 · Product expansion: On Oct 13, 2026, Capstone said its Carolina Stone subsidiary will expand into siding starting January 2027, broadening its product line without quantified financial targets.
• Tue 13th Oct '26 · Redomicile: On Oct 13, 2026, Capstone completed a redomicile from Delaware to Nevada effective Oct 9, 2026, converting shares one-for-one with no action required from shareholders.
• Tue 29th Sep '26 · Debt reduction: On Sep 29, 2026, Capstone reported it had retired about 85% of its original $6.82M convertible note principal, leaving $1M outstanding, achieved through note conversions that add to share dilution.
• Mon 28th Sep '26 · Offering: Closed an offering. Proceeds are not disclosed in the filings reviewed.