Oct. 1 at 12:21 PM
🚨
$CAPS NEWS 🚨
Capstone retires
$1.9M debt via preferred equity — zero dilution to common holders. 💎
✅ Funded debt cut by
$9M → stronger balance sheet & credit metrics
✅ 2026 interest expense down
$170K → more cash for growth
✅ No new common stock → float stays tight
✅ Preferred equity locked 7 yrs / change of control → long-term alignment
CEO Lipman: “We unlock more capital for acquisitions without shareholder dilution. Capstone is now better positioned to move quickly on high-return acquisitions.”
👉 This is disciplined capital management in action: deleveraging + M&A firepower, no dilution. 🚀
#NoDilution #CAPS
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