Articles from Netcapital Inc.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the launch of its beta version for a secondary trading platform to a closed group of users. Through a previously announced alternative trading relationship with Templum Markets LLC (“Templum”), this secondary trading platform may provide investors who purchase stock through the Netcapital funding portal with the potential for secondary trading through access to Templum’s alternative trading system (“Templum ATS”). Templum is a company that provides capital markets infrastructure for trading private equity securities, and operates an ATS with approval in 53 U.S. states and territories for the trading of unregistered or private securities. Netcapital intends to offer such secondary trading capability through the Templum ATS to all Netcapital issuers and investors before the end of 2024. The operation of the Templum ATS, however, remains subject to extensive regulation and oversight. Any regulatory delays or objections will result in delays in our ability to launch the proposed secondary trading platform, if at all.

Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NCPLW), a digital private capital markets ecosystem, today announced the entry into definitive agreements for the immediate exercise of certain outstanding Series A-2 warrants to purchase up to an aggregate of 14,320,000 shares of common stock of the Company originally issued in December 2023, having an exercise price of $0.25 per share, at a reduced exercise price of $0.155 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-1 (No. 333-275210). The gross proceeds to the Company from the exercise of the warrants are expected to be approximately $2.2 million, prior to deducting placement agent fees and estimated offering expenses.

Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NCPLW), a digital private capital markets ecosystem, intends to file a proxy statement with the Securities and Exchange Commission on or about May 28, 2024 in connection with a special meeting of stockholders to be held on July 24, 2024. The proxy statement will include a proposal for a reverse stock split of its issued and outstanding shares of common stock at a ratio in the range of 1-for-2 to 1-for-100, with the exact range to be determined by the Company’s board of directors.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that its wholly-owned subsidiary, Netcapital Securities Inc., has applied for broker-dealer registration with the Financial Industry Regulatory Authority (“FINRA”). This marks a significant step in the Company’s evolution as it looks to expand upon its current service offerings and support private companies with larger and later stage financings than are currently permitted under Regulation Crowdfunding (“Reg CF”).

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced select financial results for the third quarter of fiscal year 2024 ended January 31, 2024.

Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced the closing of its previously announced public offering of 16,000,000 shares of common stock (or pre-funded warrants in lieu thereof), together with series A-1 warrants (“Series A-1 Warrants”) to purchase up to 16,000,000 shares of common stock and series A-2 warrants (“Series A-2 Warrants”) to purchase up to 16,000,000 shares of common stock at a combined public offering price of $0.25 per share (or pre-funded warrant in lieu thereof) and associated warrants. The Series A-1 Warrants have an exercise price of $0.25 per share, are exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire five years thereafter. The Series A-2 Warrants have an exercise price of $0.25 per share, are exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire eighteen months thereafter.

Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced the pricing of a public offering of 16,000,000 shares of common stock (or pre-funded warrants in lieu thereof), together with series A-1 warrants (“Series A-1 Warrants”) to purchase up to 16,000,000 shares of common stock and series A-2 warrants (“Series A-2 Warrants”) to purchase up to 16,000,000 shares of common stock at a combined public offering price of $0.25 per share (or pre-funded warrant in lieu thereof) and associated warrants. The Series A-1 Warrants will have an exercise price of $0.25 per share, are exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire five years thereafter. The Series A-2 Warrants will have an exercise price of $0.25 per share, are exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire eighteen months thereafter. The closing of the offering is expected to occur on or about December 27, 2023, subject to the satisfaction of customary closing conditions.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced select financial results for the second quarter of fiscal year 2024 ended October 31, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that Founder, Jason Frishman, will present at the Singular Research 18th annual "Best of the Uncovereds" conference in San Francisco on Thursday, December 7, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the successful completion of a $4.5 million capital offering by U.S.-based graphene technology company, Avadain, Inc., on the Netcapital funding portal platform. Avadain previously raised approximately $1.4 million through its first offering on the Netcapital funding portal platform in 2022.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the successful completion of a capital offering by EarthGrid Public Benefit Corporation, a plasma boring technology and infrastructure development company. EarthGrid raised approximately $3.3 million on Netcapital’s funding portal platform, as part of a $30 million seed funding round, to support the production of tunnel boring robots, to be used to create a network of underground transmission lines across the country.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that CEO Martin Kay will present at the ThinkEquity Conference in New York on Thursday, October 19.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that Martin Kay, CEO, will present at the LD Micro Main Event XVI Conference being held in Los Angeles, CA, and virtually from October 3 – 4, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced financial results for the first quarter of fiscal year 2024 ended July 31, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that it expects to report financial results for its first quarter of fiscal year 2024 after the U.S. equity markets close on Thursday, September 14, 2023, followed by an investor conference call at 10:00 a.m. ET on Friday, September 15, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that Jason Frishman, Founder of the Company’s wholly-owned subsidiary, Netcapital Funding Portal Inc., will present at the H.C. Wainwright 25th Annual Global Investment Conference being held in New York City and virtually September 11-13, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that its consulting group, Netcapital Advisors, is now hosting a Regulation A+ offering by Thumzup® Media on the netcapital.com website, representing its first such listing. We believe the addition of the Reg A+ funding structure to Netcapital’s suite of fintech services is a milestone achievement in technology and product development for the Company.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced financial results for its fourth quarter and fiscal year 2023 ended April 30, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) ("Netcapital" or the "Company"), a digital private capital markets ecosystem, today announced the closing of its previously announced public offering of 1,725,000 shares of its common stock at a public offering price of $0.70 per share, for gross proceeds of $1,207,500, before deducting underwriting discounts and offering expenses payable by the Company.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) ("Netcapital" or the "Company"), a digital private capital markets ecosystem, today announced the pricing of an underwritten public offering of 1,725,000 shares of its common stock at a public offering price of $0.70 per share, for aggregate gross proceeds of $1,207,500, before deducting underwriting discounts and offering expenses payable by the Company. All of the shares of common stock were offered by the Company. The offering is expected to close on July 24, 2023, subject to satisfaction of customary closing conditions.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (“Netcapital” or the “Company”), a digital private capital markets ecosystem, today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Netcapital Inc. (Nasdaq: NCPL, NCPLW), (“Netcapital'' or the “Company”), a digital private capital markets ecosystem, today announced the closing of the purchase and sale of an aggregate of 1,100,000 shares of its common stock, at a purchase price of $1.55 per share, in a registered direct offering.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that the Company’s founder Jason Frishman will present at Singular Research's Spring Select Webinar on Thursday, May 25, 2023 at 8:30 am PDT / 11:30 am ET.

Netcapital Inc. (Nasdaq: NCPL, NCPLW), (“Netcapital” or the “Company”), a digital private capital markets ecosystem, today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,100,000 shares of its common stock, at a purchase price of $1.55 per share. The offering is expected to close on May 25, 2023, subject to satisfaction of customary closing conditions.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that Company Founder Jason Frishman will present at the Sidoti Micro-Cap Virtual Conference being held May 10-11, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today was named “Best Crowdfunding Platform” for the funding portal netcapital.com at the 7th Annual 2023 FinTech Breakthrough Awards, a premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world. The 2023 award marks Netcapital’s second consecutive win in this category.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced financial results for the third quarter and first nine months of fiscal year 2023 ended January 31, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that it will report financial results for the third quarter of fiscal year 2023, ended January 31, 2023, after the U.S. equity markets close on Thursday, March 16, 2023, followed by an investor conference call at 10:00 a.m. ET on Friday, March 17, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that it has formed a referral agreement with JD Merit Securities, LLC, a leading boutique investment bank focused on serving middle-market technology-forward companies. Under terms of the agreement, the parties will share in revenues from private companies referred by JD Merit to the Netcapital funding portal.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that Founder Jason Frishman will present at the Sidoti Micro-Cap Virtual Conference on January 18, 2023.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced a new partnership between Netcapital Systems LLC, a Utah limited liability company and wholly owned subsidiary of the Company, and Templum Markets LLC, operator of an Alternative Trading Systems (ATS) with approval in 53 U.S. States and Territories for the trading of unregistered or private securities.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the appointment of Company director Martin Kay as Chief Executive Officer, effective January 3, 2023. In addition, the Company also announced that Dr. Cecilia Lenk, CEO of the Company since 2017, will assume the position of CEO of Netcapital Advisors Inc., the Company’s wholly-owned subsidiary.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) ("Netcapital" or the "Company"), a digital private capital markets ecosystem, today announced the closing of its previously announced public offering of 1,247,000 shares of its common stock at a public offering price of $1.40 per share, for gross proceeds of $1,745,800, before deducting underwriting discounts and offering expenses payable by the Company. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 187,000 shares of common stock solely to cover over-allotments, if any, at the public offering price, less underwriting discounts and offering expenses.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) ("Netcapital" or the "Company"), a digital private capital markets ecosystem, today announced the pricing of an underwritten public offering of 1,247,000 shares of its common stock at a public offering price of $1.40 per share, for gross proceeds of $1,745,800, before deducting underwriting discounts, commissions and offering expenses payable by the Company. All of the shares of common stock are being offered by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 187,000 shares of common stock at the public offering price less discounts and commissions, solely to cover over-allotments, if any. The offering is expected to close on December 16, 2022, subject to satisfaction of customary closing conditions.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) ("Netcapital" or the "Company"), a digital private capital markets ecosystem, today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced financial results for the second quarter and first six months of fiscal year 2023 ended October 31, 2022.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the appointment of Arnold D. Scott to its board of directors, effective December 8, 2022. Mr. Scott will serve on the compensation, nominating, and audit committees.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that it will report financial results for the second quarter of fiscal year 2023, ended October 31, 2022, after the U.S. equity markets close on Monday, December 12, 2022, followed by an investor conference call at 10:00 a.m. ET on Tuesday, December 13, 2022.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced its participation in the second annual Equity Crowdfunding Week Conference, a three-day event showcasing the most innovative companies raising capital in the private markets. Netcapital Funding Portal CEO Jason Frishman has been nominated as Industry Leader of the Year in the inaugural Equity Crowdfunding Awards.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that lithium startup EnergyX, which completed two rounds of financing from 2020 to 2021 through the Netcapital Funding Portal, has received a $450 million investment commitment from private equity firm Global Emerging Markets Group (GEM) in conjunction with its plans to go public by 2024.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced financial results for the first quarter of fiscal year 2023 ended July 31, 2022.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, announced today that it will report financial results for the first quarter of fiscal year 2023, ended July 31, 2022, after the U.S. equity markets close on September 12, 2022, followed by an investor conference call at 10:00 a.m. ET on September 13, 2022.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the successful completion of a capital offering by KMX Technologies, an innovative creator of zero-waste solutions using proprietary technology spanning water, lithium, and critical minerals. KMX Technologies’ offering closed on August 5, 2022, selling 718,120 units at a unit price of $1.49 for a total of $1,069,999 in proceeds.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced the successful completion of a capital offering by Avadain, which developed a green manufacturing technology to manufacture high quality graphene flakes and is backed by Panasonic. Avadain’s offering closed on July 28, 2022, selling 341,685 units at a share price of $4.00 for a total of approximately $1.37 million in proceeds.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”) (previously OTCQX: NCPL), a digital private markets ecosystem, today announced financial results for its fiscal year 2022 ended April 30, 2022.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”) (previously OTCQX: NCPL), a digital private markets ecosystem, today announced that the company will release its fourth quarter and full-year fiscal 2022 results after the market closes on Monday, August 8, 2022 and will hold a conference call to discuss results at 5 p.m. (Eastern Time) that day.

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a fintech company with a scalable technology platform that allows private companies to raise capital online from accredited and non-accredited investors, today announced the closing of its previously announced underwritten public offering of 1,205,000 shares of the Company’s common stock and warrants to purchase up to 1,205,000 shares of the Company’s common stock at a combined public offering price of $4.15 per share and warrant. The gross proceeds from the offering were $5,000,750 prior to deducting underwriting discounts, commissions, and other offering expenses. The warrants have a per share exercise price of $5.19, are exercisable immediately, and expire five years from the date of issuance.

Netcapital Inc. (Nasdaq: NCPL, NCPLW), a fintech company with a scalable technology platform that allows private companies to raise capital online from accredited and non-accredited investors, today announced the pricing of an underwritten public offering of 1,205,000 shares of the Company’s common stock and accompanying warrants to purchase up to 1,205,000 shares of the Company’s common stock. Each share and accompanying warrant is being sold to the public at a price of $4.15. The gross proceeds to the Company from the offering are expected to be approximately $5.0 million before deducting underwriting discounts, commissions and other offering expenses. The warrants will have a per share exercise price of $5.19, be exercisable immediately, and expire five years from the date of issuance. The shares of common stock and warrants can only be purchased together in the offering, but will be issued separately. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 180,750 shares of common stock and/or 180,750 additional warrants to purchase common stock solely to cover over-allotments, if any, at the public offering price, less the underwriting discount.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, will discuss third quarter and fiscal year-to-date financial and business results via an investor conference call on Wednesday, March 30, 2022 at 12:00 p.m. ET. To join the call, please use the following access numbers:

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today was named “Best Crowdfunding Platform” for its funding portal operated by Netcapital Funding Portal Inc. at the 2022 FinTech Breakthrough Awards, a premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world. The 2022 FinTech Breakthrough Award program attracted nearly 4,000 nominations across a range of categories.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that Thomas Smith, Head of Business Development for Netcapital, has received the John T. “Doc” Tynan Profile in Courage Award by the South Boston Citizens’ Association, America’s oldest civic association. The award is named for the late, legendary South Boston resident “Doc” Tynan and is intended to recognize dedication and courage in the face of overwhelming odds.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced its financial results for the first six months of fiscal 2022 ended October 31, 2021.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that portfolio company Zelgor Games has successfully completed the third stability test of its first mobile game, Noobs in Space.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that portfolio company MustWatch has received a grant from the GK Fund, a nonprofit organization working to close the racial wealth gap by facilitating access to capital, technology and mentorship for Black, indigenous and people of color (BIPOC), women, LGBTQ and veteran founded companies.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced today that it has acquired the assets and business of ValuCorp, Inc., a business valuation firm with expertise in a wide array of strategic advisory services, including M&A advisory, capital raising, and restructuring. The terms of this transaction were not disclosed.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that it has acquired a 10% stake in Caesar Media Group, Inc. an advanced marketing and technology solutions provider. Caesar Media Group will leverage its technology and data to provide Netcapital’s private company clients with lead generation, SEO, website development, project development, digital marketing, content management, customer service, and sales management.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced fiscal 2022 first quarter earnings of $1,457,410, an increase of 4,621% over the previous year. The company reported fully diluted earnings per share of $0.65 and book value of $9.26.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, invites the public to join Netcapital Advisors at its upcoming webinar, ‘Women in Private Equity: What Scares You? How to Deal with FEAR,’ on Wednesday, October 27, 2021 at 2:00 p.m. ET. The panel will feature keynote speaker Gloria Feldt, founder & CEO of Take The Lead, along with special guests Debbie Craig, founder and CEO of Catalyst Consulting; Carole Arsenault, RN, founder and CEO of Boston Baby Nurse & Nanny; and Betsy Davison, co-founder of Space For Arts.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced that it will present at the H.C. Wainwright 23rd Annual Global Investment Conference being held virtually September 13-15, 2021.

Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, announced fiscal 2021 revenues of $4,721,003, an increase of 169% over the previous year. Net income increased by 143% to $1,469,660, resulting in fully diluted earnings per share of $0.89.

Netcapital Inc., (OTCQX: NCPL) ("Netcapital" or the "Company"), a fintech company that enables private companies to raise capital online and provides private equity investment opportunities to investors, announced today that it intends to list on a major national exchange and has engaged the law firm of Sheppard Mullin to assist throughout the application process.

Netcapital Inc. (OTCQX: NCPL) announced that portfolio company Deuce Drone successfully completed a live demo of their app and drone delivery services, signaling that they will be prepared to launch revenue-generating flights in the next few weeks.

Netcapital Inc. (OTCQX: NCPL) announced that Jason Keller, acclaimed playwright and screenwriter, has joined portfolio company MustWatch as Executive Producer. Keller brings nearly two decades of experience in the film and entertainment industry to the MustWatch team.

Netcapital Inc. (OTCQX: NCPL) is pleased to announce that its wholly owned subsidiary, Netcapital Funding Portal Inc. (“Netcapital”), has engaged Equity Stock Transfer LLC (“EST”) to be the SEC-registered transfer agent for issuers that conduct securities offerings on Netcapital.com.

Netcapital Inc. (OTCQX: NCPL) announces the launch of Netcapital Advisors’ monthly webinar series to support and uplift women entrepreneurs, investors, and innovators. Through these events, Netcapital Advisors aims to provide a platform for women to come together and connect.

Netcapital Inc. (OTCQX: NCPL) announced that portfolio company Zelgor Games has successfully launched a stability test of their first mobile game, Noobs in Space. The game is available for download on Google Play's Early Access Store in India through July and reached thousands of downloads within its first weekend on the platform.

Netcapital Inc. (OTCQX: NCPL), a digital private capital markets ecosystem, announced it has qualified to trade on the OTCQX® Best Market from the OTC Pink® market effective today. The company will continue to trade under its current ticker symbol, “NCPL”. Trading on OTCQX® Best Market is expected to provide Netcapital Inc. with enhanced visibility and exposure within the investment community.