---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-015014"
form_type: "8-K"
ticker: "CAPS"
cik: "0000887151"
company_name: "Capstone Holding Corp."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:05:20.221344+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Capstone reports 72% convertible note conversion; reaffirms FY2026 guidance of $72.1M revenue, $3.8M EBITDA

## Summary
- 72% of $6.82M convertible note principal converted by May 1, leaving $1.9M outstanding.
- FY2026 guidance reaffirmed: revenue $72.1M (+54%), gross profit ~$18.7M (+73%), EBITDA ~$3.8M (+322%).
- Positive EBITDA run-rate expected beginning Q2 2026.
- Working capital facility: $7.9M drawn on $11.5M Beacon revolver; in compliance, extension discussions active.
- Management expects no bankruptcy risk; convertible note cash interest is small, non-cash interest significant.

## SEC filing metadata
- accession: 0001437749-26-015014
- form_type: 8-K
- ticker: CAPS
- cik: 0000887151
- company_name: Capstone Holding Corp.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/887151/000143774926015014/0001437749-26-015014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/887151/000143774926015014/caps20260505_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-015014
- JSON: https://secwatch.observer/filing/0001437749-26-015014.json
- Plain text: https://secwatch.observer/filing/0001437749-26-015014.txt

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