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 1.01item 2.01item 5.07item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.