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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
April 16, 2026
CAPSTONE HOLDING CORP.
(Exact name of registrant as specified in its charter)
| Delaware |
|
001-33560 |
|
86-0585310 |
|
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
5141 W. 122nd Street
Alsip, IL 60803
(Address of principal executive offices)
Registrant’s telephone number, including
area code: (708) 371-0660
N/A
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Common Stock, par value $0.0005 per share |
|
CAPS |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 1.01. Entry into a Material Definitive Agreement.
As previously disclosed,
on July 29, 2025, Capstone Holding Corp. (the “Company”) entered into a securities purchase agreement (the “Purchase
Agreement”) with an institutional investor (the “Buyer”), pursuant to which the Company authorized the issuance
of senior secured convertible notes to the Buyer, in the aggregate original principal amount of up to $10,909,885, which are being issued
with a 8.34% original issue discount (each, a “Convertible Note”). The first Convertible Note was issued in the original
principal amount of approximately $3,272,966 (the “July 2025 Convertible Note”), and the second Convertible Note was
issued in the original principal amount of approximately $3,545,712.42 (the “October 2025 Convertible Note”). The
Convertible Notes are convertible into shares of common stock, $0.0005 par value per share (the “Common Stock”) in
certain circumstances in accordance with the terms of the Convertible Notes, with the July 2025 Convertible Note having an initial conversion
price per share of $1.72 (subsequently reduced to $0.75) and the October 2025 Convertible Note having a conversion price of $1.10 (subsequently
reduced to $0.75 for a certain amount of the principal) (the “Conversion Price)”.
Pursuant to the effective
registration statements on Form S-1 (File Nos. 333-289222 and 333-291041), the Company registered a total of 8,388,336 shares of Common
Stock issuable upon conversion of the Convertible Notes.
As of April 16, 2026, the
principal balance of the October 2025 Convertible Note is $1,863,471.69. On that date, pursuant to Section 7(h) of the October 2025 Convertible
Note, the Company and the Buyer agreed, pursuant to a Conversion Price Voluntary Adjustment Notice signed by both parties, to reduce the
Conversion Price to $0.57 with regard to $500,000 of the principal amount that previously had a $1.10 conversion price.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit
Number |
|
Exhibits |
| 10.1 |
|
Conversion Price Voluntary Adjustment Notice dated April 16, 2026 |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: April 16, 2026 |
Capstone Holding Corp. |
| |
|
|
| |
By: |
/s/ Matthew E. Lipman |
| |
Name: |
Matthew E. Lipman |
| |
Title: |
Chief Executive Officer |
