# EDGAR Filing Document

**Accession Number:** 0001418689
**File Stem:** 0001418689-26-000003
**Filing Date:** 2026-3
**Character Count:** 2368
**Document Hash:** 39240240aa56d40794f547df4e5dea47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001418689-26-000003.hdr.sgml**: 20260323

**ACCESSION NUMBER**: 0001418689-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260323

**DATE AS OF CHANGE**: 20260323

**EFFECTIVENESS DATE**: 20260323

**PERIOD START**: 20250101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALPINA CAPITAL, LLC
- **CENTRAL INDEX KEY:** 0001418689

**ORGANIZATION NAME:**
- **EIN:** 204115071
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-67753
- **FILM NUMBER:** 26780630

**BUSINESS ADDRESS:**
- **STREET 1:** 55 MADISON STREET
- **STREET 2:** SUITE 525
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 205-910-1552

**MAIL ADDRESS:**
- **STREET 1:** 55 MADISON STREET
- **STREET 2:** SUITE 525
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

### Attached PDF Documents

**Attachment 1:** `alpinacapitalaudit2025.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:** 0001418689

**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:** ALPINA CAPITAL, LLC

**Business Address:** 55 MADISON STREET, SUITE 525, DENVER, CO, 80206

**Contact Person:** Emily Germond

**Contact Phone:** 2059101552

### Independent Public Accountant Identification

**Accountant Name:** Maudlin & Jenkins, LLC

**Accountant Address:** 5100 Village Walk, Suite 300, Covington, LA, 70433

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **William Scott Soden**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **ALPINA CAPITAL, LLC**, as of **12-31-2025**, are true and correct.

**Signature:** William Soden

**Title:** Managing Principal