SCHEDULE 13G/A: Lind Global Entities Disclose 4.9% Beneficial Ownership in Netcapital Inc.

Lind Global Fund II LP, Lind Global Partners II LLC, and Jeff Easton have disclosed a combined beneficial ownership of 4.9% in Netcapital Inc., primarily through common stock and various warrants, subject to exercise limitations.

Summary

• The filing is an Amendment No. 3 to Schedule 13G, reporting beneficial ownership in Netcapital Inc.
• The reporting persons are Lind Global Fund II LP, Lind Global Partners II LLC, and Jeff Easton.
• As of March 31, 2025, the aggregate amount beneficially owned by each reporting person is 112,741 shares of Netcapital Inc. common stock.
• This beneficial ownership represents 4.9% of the class of securities.
• The ownership consists of 2,916 shares of common stock and various warrants, including 342,860 A-5 Warrants, 171,430 A-6 Warrants, 62,061 A-7 Warrants, and 62,061 A-8 Warrants.
• Due to exercise limitations within the warrants, the beneficial ownership of the reporting persons is capped at 112,741 shares in aggregate, preventing them from owning greater than 4.99% of the company.
• The securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Netcapital Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would significantly sway sentiment positively or negatively. It's a neutral regulatory filing.

Risks

• The warrants held by the reporting persons include a provision limiting their ability to exercise if such exercise would cause them to beneficially own greater than 4.99% of Netcapital Inc., which could restrict their potential upside participation.

Future Outlook

NA

Industry Context

This document is a routine regulatory disclosure of beneficial ownership by an investment entity and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake and its limitations.

Key Dates

Keywords

Netcapital Inc., Lind Global Fund II LP, Lind Global Partners II LLC, Jeff Easton, Schedule 13G, Beneficial Ownership, Common Stock, Warrants, SEC Filing, Equity Stake