Capstone Secures $3.25 Million to Advance $15M Accretive Acquisition; Accelerates Progress Toward $100M Revenue Run-Rate
Capstone Holding Corp (NASDAQ:CAPS) announced a $3.25 million draw under its existing $10.0 million convertible note facility to support a signed LOI to acquire a multi-location stone distributor with ~$15 million in annual revenue. The company said the acquisition is expected to be immediately accretive to revenue and EBITDA and that the financing accelerates progress toward a $100 million revenue run-rate target in Q1 2026.
Key economic terms disclosed include a $1.10 fixed conversion price, 7.0% annual interest, an 8.34% original issue discount, quarterly cash amortization beginning after 90 days, and a maturity date of July 29, 2026. Full details will appear in the company 8-K filing.
Capstone Holding Corp (NASDAQ:CAPS) ha annunciato un prelievo di 3,25 milioni di dollari nell'ambito della sua attuale linea di credito da 10,0 milioni di dollari convertibile per supportare una LOI firmata per l'acquisizione di un distributore di pietre con più sedi e circa 15 milioni di dollari di fatturato annuo. L'azienda ha dichiarato che l'acquisizione dovrebbe essere immediatamente redditizia sia in termini di fatturato sia di EBITDA e che il finanziamento accelera i progressi verso un obiettivo di run-rate di fatturato di 100 milioni di dollari nel primo trimestre del 2026.
Tra i principali termini economici pubblicati figurano un prezzo di conversione fisso di 1,10 dollari, un interesse annuo del 7,0%, uno sconto all'emissione del 8,34%, ammortamento in contanti trimestrale a partire dopo 90 giorni e una data di scadenza del 29 luglio 2026. Tutti i dettagli saranno riportati nel filing 8-K dell'azienda.
Capstone Holding Corp (NASDAQ:CAPS) anunció un retiro de 3,25 millones de dólares bajo su existente facility de notas convertibles de 10,0 millones de dólares para apoyar una LOI firmada para adquirir un distribuidor de piedra con múltiples ubicaciones y aproximadamente 15 millones de dólares en ingresos anuales. La compañía dijo que la adquisición se espera que sea inmediatamente atractiva en ingresos y EBITDA y que el financiamiento acelera el progreso hacia un objetivo de tarifa de ingresos de 100 millones de dólares en el primer trimestre de 2026.
Entre los términos económicos clave divulgados se incluyen un precio de conversión fijo de 1,10 dólares, un interés anual del 7,0%, un descuento de emisión del 8,34%, amortización en efectivo trimestral a partir de los 90 días, y una fecha de vencimiento del 29 de julio de 2026. Todos los detalles se publicarán en el filing 8-K de la empresa.
Capstone Holding Corp (NASDAQ:CAPS)은 существ하는 10.0백만 달러의 전환 사채 시설에서 3.25백만 달러의 당좌대출을 발표하여 다지점 石 distributor를 약 1,5000만 달러의 연간 매출을 가진 곳으로 인수하기 위한 서명 LOI를 지원합니다. 회사는 인수가 즉시 매출과 EBITDA에 기여할 것이며 이 금융이 2026년 1분기 매출 연환산 1억 달러 달성 목표를 향해 진행을 가속화한다고 말했습니다.
공개된 주요 경제 조건으로는 고정 전환가 1.10 달러, 연이자율 7.0%, 발행 할인을 8.34%, 90일 후 시작하는 분기별 현금상각, 만기일 2026년 7월 29일가 포함됩니다. 모든 세부 내용은 회사의 8-K 제출에 상세히 기재될 예정입니다.
Capstone Holding Corp (NASDAQ:CAPS) a annoncé une déblocage de 3,25 millions de dollars dans le cadre de son actuel dispositif de notes convertibles de 10,0 millions de dollars pour soutenir une LOI signée afin d'acquérir un distributeur de pierres multi-sites avec environ 15 millions de dollars de revenus annuels. La société indique que l'acquisition devrait être immédiatement accréditante en termes de revenus et d'EBITDA et que le financement accélère les progrès vers un objectif de chiffre d'affaires en run-rate de 100 millions de dollars au premier trimestre 2026.
Les principaux termes économiques divulgués incluent un prix de conversion fixe de 1,10 dollar, un taux d'intérêt annuel de 7,0%, une remise initiale de 8,34%, un amortissement en espèces trimestriel à partir de 90 jours, et une date d'échéance au 29 juillet 2026. Tous les détails seront publiés dans le dépôt 8-K de la société.
Capstone Holding Corp (NASDAQ:CAPS) kündigte eine Auszahlung von 3,25 Mio. USD im Rahmen ihrer bestehenden 10,0 Mio. USD Wandelanleihe-Fazilität an, um eine unterzeichnete LOI zur Übernahme eines mehrstandigen Steinvertriebs mit ca. 15 Mio. USD Umsatz pro Jahr zu unterstützen. Das Unternehmen sagte, dass die Übernahme voraussichtlich sofort zu Umsatz und EBITDA beitragen wird und dass die Finanzierung Fortschritte in Richtung eines Umsatz-Run-Rate-Ziels von 100 Mio. USD im Q1 2026 beschleunigt.
Zu den veröffentlichten, wesentlichen wirtschaftlichen Bedingungen gehören ein fester Umwandlungspreis von 1,10 USD, ein jährlicher Zinssatz von 7,0%, ein ursprüngliches Abgabendiscount von 8,34%, vierteljährliche Barabzahlungen ab 90 Tagen und ein Fälligkeitsdatum am 29. Juli 2026. Alle Details werden in der 8-K-Mitteilung des Unternehmens erscheinen.
Capstone Holding Corp (NASDAQ:CAPS) أعلنت عن سحب قدره 3.25 مليون دولار ضمن مرفق سندات قابلة للتحويل الحالي بقيمة 10.0 مليون دولار لدعم LOI موقّع للاستحواذ على موزع حجري بعدة مواقع يحقق حوالي 15 مليون دولار من الإيرادات السنوية. قالت الشركة إن الاستحواذ من المتوقع أن يكون مربحاً للمداخيل وللأرباح قبل الفوائد والضرائب والاستهلاك والإطفاء EBITDA وأن التمويل يسرّع التقدم نحو هدف إيرادات تشغيلية بمقدار 100 مليون دولار في الربع الأول من 2026.
تشمل الشروط الاقتصادية الأساسية المعروضة سعر تحويل ثابت قدره 1.10 دولار، فائدة سنوية قدرها 7.0%، خصم إصدار قدره 8.34%، استهلاك نقدي ربع سنوي يبدأ بعد 90 يوماً، وتاريخ استحقاق 29 يوليو 2026. ستظهر التفاصيل الكاملة في ملف الشركة 8-K.
Capstone Holding Corp (NASDAQ:CAPS) 宣布在其现有的 1000万美元 可转债安排下提取 325万美元，以支持已签署的 LOI，收购一家拥有多地点的石材分销商，年收入约为 1500万美元。公司表示，该项收购预计将立即带来收入和 EBITDA 的增益，且融资将加速向在 2026 年第一季度实现 1亿美元 年化收入目标的进展。
披露的关键经济条款包括固定转换价格 1.10 美元、年利率 7.0%、首次发行折扣 8.34%、自 90 天后开始的季度现金摊销，以及到期日为 2026 年 7 月 29 日。完整细节将出现在公司提交的 8-K 文件中。
- $3.25M immediate cash draw to fund acquisition
- Target acquisition adds ~$15M annual revenue
- Transaction expected to be immediately accretive to EBITDA
- Advances goal to reach $100M revenue run-rate by Q1 2026
- Facility preserves balance-sheet flexibility for further deals
- Convertible facility carries an 8.34% original issue discount
- Facility bears 7.0% annual interest and quarterly amortization
- Convertible notes mature on July 29, 2026, creating near-term refinancing risk
- Conversion price of $1.10 could dilute existing shareholders upon conversion
Insights
Follow-on convertible draw funds an accretive
Capstone obtained a
The financing terms are explicit and material: quarterly cash amortization after 90 days, a
Implications in plain terms: this draw converts available capital into near-term acquisition optionality without issuing new equity today, which can limit immediate dilution. The stated accretive nature of the target implies incremental revenue and EBITDA contribution if completed. The structure includes clear cash-service obligations and a short maturity that require monitoring.
Key dependencies and risks to watch: completion of the LOI to a signed agreement and closing, the actual accretion versus projected EBITDA, and the company’s ability to service quarterly amortization and the
Concrete near-term items to monitor: the company’s
Follow-on draw affirms investor support for Capstone's growth strategy and reflects the company's disciplined approach to financing accretive acquisitions.
NEW YORK, NY / ACCESS Newswire / October 27, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution platform, today announced a
This financing underscores strong ongoing investor support and confidence in the company's growth strategy. It also accelerates Capstone's momentum as the company advances toward its
Key Highlights:
Funding:
$3.25 million cash draw under Capstone's existing$10 million convertible note facility.Terms: Quarterly cash amortization beginning after 90 days;
$1.10 fixed conversion price.Flexible Capital: Strengthens Capstone's ability to move decisively on high-quality, accretive acquisitions while preserving balance-sheet strength and flexibility.
Disciplined Financing: Demonstrates Capstone's commitment to prudent, structured capital deployment focused on long-term value creation.
Investor Partnership: Reinforces deep institutional investor confidence in Capstone's M&A strategy and growth trajectory.
Acquisition Momentum: Advances execution of the recently announced LOI to acquire an approximately
$15 million multi-location stone distributor.
"Our investors continue to validate Capstone's disciplined M&A strategy, growth trajectory, and proven track record of execution," said Matthew Lipman, CEO of Capstone Holding Corp. "This funding allows us to move quickly when the right opportunity arises while preserving our flexibility and balance-sheet strength."
Capstone's disciplined approach to accessing capital has enabled four revenue- and EBITDA-accretive acquisitions to date, while driving record revenue and gross margin expansion this year. As the company continues to pursue acquisitions at attractive valuations, it has also reaffirmed its goal of reaching a
Key terms of the facility include an original issue discount of
Joseph Gunnar & Co., LLC acted as the exclusive placement agent for this offering.
About Capstone Holding Corp.
Capstone Holding Corp. (NASDAQ: CAPS) is a diversified platform of building products businesses focused on distribution, brand ownership, and acquisition. Through its Instone subsidiary, Capstone serves 31 U.S. states, offering proprietary stone veneer, hardscape materials, and modular masonry systems. The company's strategy combines disciplined M&A, operational efficiency, and a growing portfolio of owned brands to build a scalable and durable platform.
Investor Contact
Investor Relations
Capstone Holding Corp.
investors@capstoneholdingcorp.com
www.capstoneholdingcorp.com
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future events and performance, including guidance regarding revenue and EBITDA targets, M&A strategy, use of capital, and operating outlook. Actual results may differ materially from those projected due to a range of factors, including but not limited to acquisition timing, macroeconomic conditions, and execution risks. Please review the Company's filings with the SEC for a full discussion of risk factors. Capstone undertakes no obligation to revise forward-looking statements except as required by law.
SOURCE: Capstone Holding Corp.
View the original press release on ACCESS Newswire
FAQ
How much did Capstone (CAPS) draw from its convertible note facility on October 27, 2025?
What acquisition is the CAPS funding intended to support and how large is it?
What are the key economic terms of the convertible note draw for CAPS?
Will the planned acquisition affect Capstone's revenue targets for 2026 (CAPS)?
Where will investors find the full legal and financial details of the CAPS financing?
