Capstone Holding Corp. (NASDAQ: CAPS), a building products distribution company, priced its follow-on public offering of 1.25 million common shares at $4.00 each, aiming to raise $5 million in gross proceeds before expenses. The shares are expected to begin trading on the Nasdaq Capital Market on March 6 under the ticker “CAPS.” The company also granted underwriters a 45-day option to purchase up to 187,500 additional shares. The offering is set to close on or about March 7, pending customary conditions.
To view the full press release, visit https://ibn.fm/tD5PA
About Capstone Holding Corp.
Capstone Holding Corp. is a building products distribution company that has successfully grown its business organically and through well-timed acquisitions. The company intends to use the distribution backbone of its operating subsidiary, which currently services 31 U.S. states, to provide a value-added platform to make acquisitions. A key differentiator of the company’s strategy is that it maintains over half of its revenue from brands it owns or controls. Current products include stone veneer, landscape stone, and modular masonry fireplaces. Capstone’s corporate headquarters is located in Alsip, Illinois.
For more information, visit the company’s website at www.CapstoneHoldingCorp.com
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