Financing ·
Capstone Holding retires 85% of convertible notes, reports Q2 revenue up 67% to $21.5 million
CAPSCapstone Holding Corp.
Capstone Holding Corp. retired approximately 85% of its original $6.82 million in convertible note principal, fully retiring the July 2025 note and reducing the remaining balance to $1 million. The increase in outstanding shares from 20,578,551 on August 10, 2026, to 26,384,119 as of September 28, 2026, consisted of 2,446,825 shares issued upon conversion of senior secured convertible notes and 3,358,743 shares issued under an equity line of credit with Tumim Stone Capital, LLC. The company reported second-quarter revenue of $21.5 million, up 67% year over year, with gross profit increasing 92% to $6.0 million. Capstone Holding Corp. operates as a national, technology-enabled building products distribution platform optimizing supply chains across the U.S. and Canada.