---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-121453"
form_type: "8-K"
ticker: "CAPS"
cik: "0000887151"
company_name: "Capstone Holding Corp."
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:18:46.991591+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Capstone targets $100M run-rate by 2026; pro forma revenue $70M after two acquisitions

## Summary
- Pro forma revenue run-rate ~$70M; targeting $100M+ by 2026 via organic growth and M&A.
- Two H2 2025 acquisitions (Canadian Stone Industries, Carolina Stone Products) added $26M in revenue.
- EBITDA margins targeted at ~10% through mix shift, route density, and platform scale.
- Acquisition pipeline of 150+ targets; buying at 4-6x EBITDA, aiming for 10-14x public valuation.
- Insider ownership high; management focused on disciplined capital allocation and per-share value.

## SEC filing metadata
- accession: 0001213900-25-121453
- form_type: 8-K
- ticker: CAPS
- cik: 0000887151
- company_name: Capstone Holding Corp.
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887151/000121390025121453/0001213900-25-121453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887151/000121390025121453/ea0269653-8k_capstone.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-121453
- JSON: https://secwatch.observer/filing/0001213900-25-121453.json
- Plain text: https://secwatch.observer/filing/0001213900-25-121453.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.