Capstone Holding Corp. announced the implementation of a 1-for-30 reverse stock split of its common stock, effective at the opening of trading on October 19, 2026. The reverse split was previously approved by stockholders at the 2026 annual meeting and subsequently authorized by the Board of Directors at a ratio of 1-for-30.
Under the terms of the reverse split, every 30 shares of issued and outstanding common stock were automatically combined into one share. The consolidation reduced the number of outstanding shares from approximately 27,536,950 as of October 8, 2026, to approximately 917,898. The par value of the common stock remained unchanged at $0.0005 per share.
The reverse split did not alter the number of authorized shares or the rights and preferences of the common stock. Holders who would have received fractional shares as a result of the split will instead receive cash in lieu of those fractional shares, calculated based on the closing price on the effective date. The company’s common stock continues to trade on The Nasdaq Capital Market under the ticker symbol CAPS, though it has been assigned a new CUSIP number, 14068E307.
Adjustments have been made to the exercise and conversion prices of outstanding equity awards, warrants, and senior secured convertible notes, as well as to the number of shares issued under the company’s equity incentive plans. Computershare Trust Company, N.A. served as the exchange agent for the transaction.
