{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-096315","form_type":"8-K","ticker":"CAPS","cik":"0000887151","company_name":"Capstone Holding Corp.","filed_at":"2025-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.493337+00:00","generated_at":"2026-05-17T04:41:09.064099+00:00","sec_items":["1.01","3.02","3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Capstone exchanges $1.9M related-party debt for non-convertible preferred stock; no dilution","bullets":["Retired $1.9M in notes from Brookstone entities BP Peptides ($847,919.95) and Brookstone Acquisition ($1,089,222.22) via exchange for Series Z Preferred.","Interest expense reduced by >$170k annually; preferred shares accrue 8% dividend payable in cash or PIK, not convertible.","Issued 1,467,343 Series Z Preferred shares with one vote per share; redeemable after 7 years or on change of control.","Additionally, reduced conversion price on $3.27M convertible note to $1.00 and waived redemption obligations until April 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-096315","json":"https://secwatch.observer/filing/0001213900-25-096315.json","markdown":"https://secwatch.observer/filing/0001213900-25-096315.md","text":"https://secwatch.observer/filing/0001213900-25-096315.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887151/000121390025096315/0001213900-25-096315-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887151/000121390025096315/ea0259691-8k_capstone.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:41:09.064099+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9fb6f9f8889e322daf5b7a752d936bcb3482f0b1","claim":"Capstone Holding Corp.: Certificate of Designation for Series Z Preferred shares filed, constituting an amendment to the articles of incorporation (effective 2025-10-06).","evidence_excerpt":"Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. The applicable disclosures set forth in Item 1.01 above regarding the Certificate of Designation are incorporated by reference into this Item 5.03.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/887151/000121390025096315/0001213900-25-096315-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-10-06"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}