As filed with the U.S. Securities and Exchange Commission on February 13, 2018

Securities Act File No. 33-47875

Investment Company Act File No. 811-6669

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933	☒
Pre-Effective Amendment No.	☐
Post-Effective Amendment No. 39	☒
and/or
REGISTRATION STATEMENT
UNDER
THE INVESTMENT COMPANY ACT OF 1940	☒
Amendment No. 40

(Check appropriate box or boxes)

BlackRock Capital Appreciation Fund, Inc.

(Exact Name of Registrant as Specified in Charter)

100 Bellevue Parkway

Wilmington, Delaware 19809

(Address of Principal Executive Office)

Registrant’s Telephone Number, including Area Code (800) 441-7762

John M. Perlowski

BlackRock Capital Appreciation Fund, Inc.

55 East 52^nd Street, New York, New York 10055

(Name and Address of Agent for Service)

Copies to:

Counsel for the Fund: Margery K. Neale, Esq. Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, New York 10019-6099 Benjamin Archibald, Esq. BlackRock Advisors, LLC 55 East 52^nd Street New York, New York 10055

Continuous

(Approximate Date of Proposed Offering)

It is proposed that this filing will become effective:

☒ immediately upon filing pursuant to paragraph (b)

☐ on (date) pursuant to paragraph (b)

☐ 60 days after filing pursuant to paragraph (a)(1)

☐ on (date) pursuant to paragraph (a)(1)

☐ 75 days after filing pursuant to paragraph (a)(2)

☐ on (date) pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

☐ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

Title of Securities Being Registered: Shares of Common Stock, par value, $.10 per share.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for the effectiveness of this Post-Effective Amendment to its Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Post-Effective Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and the State of New York, on February 13, 2018.

	BlackRock Capital Appreciation Fund, Inc.
	(Registrant)
By:	/s/ JOHN M. PERLOWSKI
	(John M. Perlowski,
	President and Chief Executive Officer) (Principal Executive Officer)

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to its Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

Signature	Title	Date
/s/ JOHN M. PERLOWSKI John M. Perlowski	Director, President and Chief Executive Officer (Principal Executive Officer)	February 13, 2018
/s/ NEAL J. ANDREWS Neal J. Andrews	Chief Financial Officer (Principal Financial and Accounting Officer)	February 13, 2018
JAMES H. BODURTHA* (James H. Bodurtha)	Director
BRUCE R. BOND* (Bruce R. Bond)	Director
STUART E. EIZENSTAT* (Stuart E. Eizenstat)	Director
HENRY GABBAY* (Henry Gabbay)	Director
LENA G. GOLDBERG* (Lena G. Goldberg)	Director
ROBERT M. HERNANDEZ* (Robert M. Hernandez)	Director
HENRY R. KEIZER* (Henry R. Keizer)	Director
JOHN F. O’BRIEN* (John F. O’Brien)	Director

DONALD C. OPATRNY* (Donald C. Opatrny)		Director
ROBERT FAIRBAIRN* (Robert Fairbairn)		Director
*By:	/s/ BENJAMIN ARCHIBALD Benjamin Archibald (Attorney-in-Fact)		February 13, 2018

EXHIBIT INDEX

Index No.	Description of Exhibit
EX-101.INS	XBRL Instance Document
EX-101.SCH	XBRL Taxonomy Extension Schema Document
EX-101.CAL	XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF	XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB	XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE	XBRL Taxonomy Extension Presentation Linkbase