Loan & DebtApr 16, 2026, 03:16 PM
Capstone Holding Lowers Convertible Note Conversion Price to $0.57
AI Summary
Capstone Holding Corp. announced a voluntary adjustment to the conversion price for a portion of its October 2025 senior secured convertible note. Effective April 16, 2026, the conversion price for $500,000 of the note's principal was reduced from $1.10 to $0.57 per share. This agreement was made with the institutional investor holding the note, pursuant to its terms.
Key Highlights
- Conversion price for $500,000 of October 2025 note reduced to $0.57.
- Previous conversion price for this portion was $1.10 per share.
- October 2025 Convertible Note's principal balance is $1,863,471.69.
- Adjustment made on April 16, 2026, by mutual agreement.
Price Impact
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