Netcapital INC 8-K filings

Netcapital Inc. announced a significant year-over-year revenue decrease of 92% for the second quarter of fiscal year 2025, but experienced a 20% revenue increase compared to the previous quarter.

Netcapital Inc. has scheduled a shareholder meeting for December 12, 2024, and will use a presentation, filed as an exhibit, in that meeting.

Netcapital's subsidiary, Netcapital Securities Inc., has received FINRA approval to operate as a broker-dealer, enabling it to support larger fundraises and offer more investment opportunities.

Netcapital Inc. held its annual shareholder meeting on September 25, 2024, where shareholders voted on several key proposals, including the re-election of board members and the authorization of preferred stock.

Netcapital Inc. experienced a substantial 91% year-over-year revenue decrease in the first quarter of fiscal year 2025, alongside increased operating and net losses.

Netcapital Inc. has entered into an agreement to sell up to $2.1 million of its common stock through an at-the-market offering program.

Netcapital Inc. has regained compliance with Nasdaq's minimum bid price rule after its stock price closed above $1.00 for ten consecutive days.

Netcapital Inc. has completed a 1-for-70 reverse stock split to increase its share price and regain compliance with Nasdaq's minimum bid price requirement.

Netcapital Inc. announced its fiscal year 2024 results, showing a significant increase in portal fees but an overall decrease in revenue and a net loss.

Netcapital Inc. received a delisting notice from Nasdaq due to its stock price falling below $0.10 for ten consecutive days, and the company plans to appeal and implement a reverse stock split to regain compliance.

Netcapital Inc. has successfully raised approximately $2.2 million by inducing the exercise of existing warrants and issuing new warrants.

Netcapital Inc. plans a reverse stock split to regain compliance with Nasdaq's minimum bid price requirement.

Netcapital Inc. issued shares of common stock to two board members in exchange for the cancellation of outstanding debt.

Netcapital Inc. announced a 54% year-over-year decrease in revenue for the third quarter of fiscal year 2024, despite a significant increase in funding portal revenue on a year-to-date basis.

Netcapital Inc. has been granted an extension until August 26, 2024, to regain compliance with Nasdaq's minimum bid price requirement after failing to meet the initial deadline.

Netcapital Inc. shareholders approved the issuance of warrants related to a December 2023 public offering and authorized the adjournment of a special meeting if needed.