secwatch.observer — SEC 8-K summary
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Issuer:     Capstone Holding Corp. (CAPS)
CIK:        0000887151
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001213900-25-121453
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887151/000121390025121453/0001213900-25-121453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887151/000121390025121453/ea0269653-8k_capstone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-121453

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer