---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-011486"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T12:43:17.921003+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Capstone acquires distributor Cal Microturbine for $10M; Robert Beard elected to board

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-25-011486
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837025011486/0001558370-25-011486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837025011486/cgeh-20250812x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-011486
- JSON: https://secwatch.observer/filing/0001558370-25-011486.json
- Plain text: https://secwatch.observer/filing/0001558370-25-011486.txt

## Key facts
- M&A Transactions
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837025011486/0001558370-25-011486-index.htm

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