Capstone Holding announces $3.25M draw to advance acquisition

Capstone Holding announced a $3.25M draw from its existing convertible note facility. This new tranche of capital will support the company’s recently signed letter of intent to acquire a multi-location stone distributor with approximately $15M in annual revenue. The transaction is expected to be immediately accretive to revenue and EBITDA. This financing accelerates Capstone’s momentum as the company advances toward its $100M revenue run-rate target for 2026. Key Highlights: Funding: $3.25M cash draw under Capstone’s existing $10M convertible note facility. Terms: Quarterly cash amortization beginning after 90 days; $1.10 fixed conversion price. Flexible Capital: Strengthens Capstone’s ability to move decisively on high-quality, accretive acquisitions while preserving balance-sheet strength and flexibility. Disciplined Financing: Demonstrates Capstone’s commitment to prudent, structured capital deployment focused on long-term value creation. Investor Partnership: Reinforces deep institutional investor confidence in Capstone’s M&A strategy and growth trajectory. Acquisition Momentum: Advances execution of the recently announced LOI to acquire an approximately $15M multi-location stone distributor.