Capstone Energy Plus, Inc. (CGEH): M&A transaction — Capstone acquires distributor Cal Microturbine for $10M; Robert Beard elected to board

Capstone Energy Plus, Inc.

Acquired Cal Microturbine, LLC for $10M base plus contingent payments; $6M at closing, $4M in 24 monthly installments.
Deal self-funded using target's cash; expected accretive to earnings and cash flow.
Acquisition resolves pending arbitration, includes full releases among parties.
Robert F. Beard elected to board as Class I director; board now eight members.
Shareholders approved 1M share increase in 2023 Equity Incentive Plan at annual meeting.

item 1.01 item 2.01 item 5.07 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Capstone Energy Plus, Inc. completed an acquisition involving Cal Micro Holdco, Inc. for $10,000,000 (the "Base Amount"), plus the right to certain contingent post-closing payments (closed 2025-08-13).

Action: acquisition
Counterparty: Cal Micro Holdco, Inc.
Consideration: $10,000,000 (the "Base Amount"), plus the right to certain contingent post-closing payments
Closing: 2025-08-13

Exact text from the filing

parts and service for Buyer’s systems throughout the state of California. Under the terms of the Purchase Agreement, the total consideration to be paid by Buyer to Seller is $10,000,000 (the “Base Amount”), plus the right to certain contingent post-closing payments (the “Consideration”). An amount equal to $6,000,000, less seller transaction expenses, is payable

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31 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Capstone Energy Plus, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-25-011486

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