secwatch.observer — SEC 8-K summary
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Issuer:     Capstone Holding Corp. (CAPS)
CIK:        0000887151
Form:       8-K
Filed at:   2026-11-09T13:55:11+00:00
Accession:  0001437749-26-035720
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Capstone extends 3i convertible note maturity to Dec 13, 2027; ~$0.9M principal left after retiring 87%
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- Maturity of the 3i, LP senior secured convertible note moves from Oct 22, 2026 to Dec 13, 2027; ~$900,000 principal outstanding versus ~$3.55M originally issued.
- Capstone has retired ~87% of the original $6.8 million principal across its two 3i convertible notes, per CEO Matthew Lipman.
- 3i agreed not to enforce defaults arising on or before Nov 6, 2026, and no default interest or late charges accrue through the new 2027 maturity.
- Interest after Oct 22, 2026 accrues only on outstanding principal at the existing 7% annual rate; 3i's conversion rights, including Event of Default Alternate Conversion Price, unchanged.
- Separate Tumim Stone purchase agreement for up to $20M of common stock extended to Jan 1, 2028 from July 1, 2027; Tumim waived claims over possible Sections 6.8/8.2 breaches.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887151/000143774926035720/0001437749-26-035720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887151/000143774926035720/caps20261108_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-035720

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