Capstone Retires Approximately 85% of Convertible Note Principal, Reducing Remaining Balance to $1 Million
Business Wire•29/09/2026•09:00 ET
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Key Highlights
- ➤Convertible note principal retired approximately 85% of original $6.82 million
- ➤Remaining convertible note balance reduced to $1 million
- ➤July 2025 convertible note fully retired; only October 2025 note remains
- ➤Second-quarter revenue increased 67% year over year to $21.5 million
- ➤Second-quarter gross profit increased 92% to $6.0 million
Expert Statements
Matthew Lipman, Chief Executive Officer of Capstone Holding Corp.
“We remain focused on two priorities: eliminating the remaining convertible debt and continuing to strengthen the underlying business.”
Matthew Lipman, Chief Executive Officer of Capstone Holding Corp.
“We have made substantial progress on both—retiring approximately 85% of the original principal while delivering our strongest quarter in years.”
Matthew Lipman, Chief Executive Officer of Capstone Holding Corp.
“As we continue to execute, we believe Capstone is well-positioned to create greater long-term equity value.”
Matthew Lipman, Chief Executive Officer of Capstone Holding Corp.
“This is an exciting period for Capstone.”
Matthew Lipman, Chief Executive Officer of Capstone Holding Corp.
“Our organic growth continues to significantly outpace the broader building products market , and we are now in our peak selling period.”
Capstone Retires Approximately 85% of Convertible Note Principal, Reducing Remaining Balance to $1 Million
First of two convertible notes fully retired as Company advances toward eliminating remaining convertible debt.
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