Core Insights - Capstone Holding Corp. reported a 19% year-over-year increase in pro forma revenue, indicating strong financial performance [1] - The company completed two acquisitions in the second half of 2025, which are projected to add $26 million in annualized revenue [1] - These acquisitions are expected to accelerate Capstone's trajectory towards achieving a $100 million run-rate by early 2026 [1] Financial Highlights - Significant growth was noted in revenue, gross profit, and adjusted EBITDA for the third quarter of 2025 [1] - The acquisitions are a strategic move to enhance revenue streams and support future growth targets [1]

Core Insights - The article emphasizes the rising demand for stone in global construction markets, which aligns with Capstone Holding Corp.'s strategic focus on expanding its stone distribution capabilities [1] Industry Trends - There is an accelerating demand for stone in the construction sector, indicating a positive market trend for companies involved in stone distribution [1] - The demand surge is expected to support Capstone's growth strategy as it enhances its market presence [1] Company Strategy - Capstone Holding Corp. is actively building scale in stone distribution through its subsidiary, Carolina Stone [1] - The company has recently announced a Letter of Intent (LOI) that is on track, further positioning it to capitalize on the growing market demand [1]

Core Insights - President Trump's approval rating has dropped to 44%, a decline of 2 points from September, with the lowest ratings in handling inflation (39%) and tariffs (40%) [2][6] - 57% of voters characterize the U.S. economy as weak, marking a 6-point increase since September [6] - The Republican Party is urged to broaden its base as a majority of voters reject Zohran Mamdani's policies [8][12] Economic Concerns - 35% of voters believe the country is on the right track, a decrease of 5 points [6] - Inflation and affordability are the top issues for voters, with 48% citing inflation as their primary concern [6] - 55% of voters feel the government shutdown is significantly harming the economy [12] Political Landscape - Congressional approval has fallen to 27%, the lowest since June 2024 [6] - The Republican Party's approval rating stands at 44%, while the Democratic Party's approval is at 43% [6] - 63% of voters believe the GOP needs to broaden its positions to appeal to a wider audience [12] Public Opinion on Policies - Trump's policies maintain majority support, with 16 out of 18 policies favored by voters [6] - The most popular policies include lowering drug prices (85%) and deporting illegal immigrants who have committed crimes (79%) [6] - 56% of voters believe Trump has exceeded his presidential authority, and 51% view his actions as dictatorial [6] International Relations - 63% of voters support the removal of Venezuelan President Nicolas Maduro, with 81% backing his removal in light of election fraud and criminal charges [19] - 71% of voters favor the Trump administration's efforts to secure the safe return of Israeli hostages and end hostilities in Gaza [12] - 72% support sanctions on Russia's oil and gas companies to push for a ceasefire in Ukraine [12]

Core Insights - Capstone Holding Corp. has announced a $3.25 million draw from its existing convertible note facility, indicating strong investor support for its growth strategy [1] - The draw reflects the company's disciplined approach to financing acquisitions that are expected to be accretive [1] Company Summary - Capstone Holding Corp. operates as a national building products distribution platform [1] - The recent funding is part of the company's strategy to pursue growth through acquisitions [1]

As filed with the Securities and Exchange Commission on October 23, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT Under The Securities Act of 1933 CAPSTONE HOLDING CORP. (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 5090 86-0585310 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 5141 W. 122 Stre ...

Core Insights - Capstone Holding Corp. is successfully executing a disciplined, accretive M&A strategy that enhances shareholder value [1] - Recent acquisitions by Lowe's and Home Depot support the consolidation trend in the building materials sector, which Capstone is leveraging to expand its operations [1] - The company is on track to achieve a $100 million run-rate revenue target [1] Company Strategy - Capstone's acquisition strategy focuses on expanding its footprint and scaling operations to drive immediate revenue and EBITDA growth [1] - The validation of Capstone's strategy comes from the recent activities of major competitors in the industry, indicating a robust market environment for consolidation [1]

Core Insights - Capstone Holding Corp. has successfully integrated Carolina Stone, resulting in operational and commercial synergies [1] - The companies have completed a full ERP system upgrade, enhancing operational efficiency [1] - A regional marketing campaign has been launched to attract new customers [1] - New customer relationships have been established as part of the integration process [1]

Core Insights - Capstone Holding Corp. is progressing towards a $100 million revenue run-rate through strategic acquisitions, owned brands, and operational discipline [1] Group 1: Growth Strategy - The company has successfully captured advantages associated with scale in the building products sector [1] - Disciplined acquisitions have expanded Capstone's national footprint [1] - Strengthened supply chains and improved margins across its portfolio are key outcomes of the growth strategy [1]

Core Insights - Capstone Holding Corp. has signed a non-binding letter of intent to acquire a multi-location stone distribution business with annual revenue of $15 million [1] - The acquisition is expected to be immediately accretive to both revenue and EBITDA, supporting Capstone's goal of reaching a $100 million run-rate revenue target for 2026 [1] Financial Impact - The planned acquisition will enhance Capstone's revenue and EBITDA growth immediately [1] - The acquisition aligns with Capstone's strategic objective to expand its footprint and add premium brands to its portfolio [1]

Core Insights - President Donald Trump's job approval rating remains steady at 46%, with higher approval for handling crime (50%) and immigration (49%), but lower for inflation (40%) and trade policy (40%) [2][6] - Congressional approval has dropped to 32%, a decrease of 5 percentage points from the previous month [6] - A significant majority of voters (70%) oppose a government shutdown, with 53% blaming Republicans for the situation [5][11] Economic Outlook - 65% of voters believe inflation is above 3%, with 56% feeling the economy is shrinking [4][6] - 40% of voters think the country is on the right track, stable from last month, while 34% feel their personal financial situation is improving [6] - 43% of voters identify inflation as their most pressing personal issue, a decrease of 4 percentage points [6] Political Climate - 75% of voters believe current political rhetoric is too extreme, contributing to political violence [7][11] - 56% of voters think that leadership focused on unity could help bring the country together [11] - 58% of voters feel Trump's rhetoric is too extreme, with similar sentiments towards leading politicians from both parties [11] Public Sentiment on Policies - 78% of voters prefer free enterprise over socialism, with a notable majority across various demographics [10] - 71% support the destruction of boats carrying drugs from South America [9] - 56% of voters support Trump's Gaza peace plan, with 70% backing it after learning of support from major Arab governments [13][16] Views on the American Dream - 38% of voters believe they will never achieve the American Dream, while 34% think they will eventually live it [16] - 71% of voters prioritize having a family over economic success, with 78% expressing a desire to have children [16]