# EDGAR Filing Document

**Accession Number:** 0001016254
**File Stem:** 0001016254-26-000001
**Filing Date:** 2026-3
**Character Count:** 2767
**Document Hash:** 26408bac26e068372fd4cdffebb8123a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001016254-26-000001.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001016254-26-000001

**CONFORMED SUBMISSION TYPE**: X-17A-5

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**EFFECTIVENESS DATE**: 20260302

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KIPLING CAPITAL, INC.
- **CENTRAL INDEX KEY:** 0001016254

**ORGANIZATION NAME:**
- **EIN:** 931199313
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-49349
- **FILM NUMBER:** 26704413

**BUSINESS ADDRESS:**
- **STREET 1:** 100 SHORELINE HWY. 200-B
- **CITY:** MILL VALLEY
- **STATE:** CA
- **ZIP:** 94941
- **BUSINESS PHONE:** (415) 339-4085

**MAIL ADDRESS:**
- **STREET 1:** 100 SHORELINE HWY. 200-B
- **CITY:** MILL VALLEY
- **STATE:** CA
- **ZIP:** 94941

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KIPLING CAPITAL INC                                     /BD
- **DATE OF NAME CHANGE:** 20020318

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LOS ALTOS INVESTMENT SECURITIES INC
- **DATE OF NAME CHANGE:** 20000309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALTOS SECURITIES INC                                    /BD
- **DATE OF NAME CHANGE:** 19961007

### Attached PDF Documents

**Attachment 1:** `2025kiplingpublic2.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0001016254

**Filer CCC:** XXXXXXXX

**Is this a LIVE or TEST filing?:** LIVE

**Would you like a Return Copy?:** Yes

### Submission Information

**Report Period Begin Date:** 01-01-2025

**Report Period End Date:** 12-31-2025

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** KIPLING CAPITAL, INC.

**Business Address:** 100 SHORELINE HWY. 200-B, MILL VALLEY, CA, 94941

**Contact Person:** F. Randall Bigony

**Contact Phone:** 415-497-7149

### Independent Public Accountant Identification

**Accountant Name:** Nathaniel Green, CPA

**Accountant Address:** 360 Madison Avenue, 7th Floor, New York, NY, 10017

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **F. Randall Bigony**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **KIPLING CAPITAL, INC.**, as of **12-31-2025**, are true and correct.

**Signature:** F. Randall Bigony

**Title:** President & Chairman