Capstone Receives Additional 180-Day Nasdaq Compliance Period
Minimum bid price is the Company’s only remaining listing requirement; Capstone reiterates its expectation of positive Adjusted EBITDA in the second quarter of 2026
Capstone Holding Corp. (NASDAQ: CAPS), a national, technology-enabled building products distribution platform, today announced that it received notice from Nasdaq that the Company is eligible for an additional 180-calendar-day period, or until January 4, 2027, to regain compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The minimum bid price is the Company’s only remaining listing deficiency.
Nasdaq’s determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, other than the minimum bid price requirement, together with the Company’s written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary.
At its Annual Meeting on June 18, 2026, Capstone’s stockholders authorized the Board of Directors to effect a reverse stock split, if the Board determines it necessary, at a ratio in the range of 1-for-5 to 1-for-50. The Company may seek to regain compliance during the additional period through business performance or, if necessary, through the authorized reverse stock split.
