{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-021785","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2024-05-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.319592+00:00","generated_at":"2026-06-01T07:38:45.141200+00:00","sec_items":["1.01","3.02","3.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Netcapital raises $2.2M by exercising warrants at reduced price; issues new warrants","bullets":["Entered inducement letters to exercise 14.32M Series A-2 warrants at $0.155/share; gross proceeds ~$2.2M.","Issued new Series A-3 (5-yr) and Series A-4 (18-mo) warrants for 14.32M shares each at $0.155, subject to shareholder approval.","Placement agent H.C. Wainwright receives 7.5% cash fee plus 1,074,000 placement agent warrants at $0.1938.","Company voluntarily reduces exercise price of all outstanding Series A-2 warrants (16M shares) to $0.155.","Net proceeds used for general corporate purposes; deal closed May 29, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-021785","json":"https://secwatch.observer/filing/0001493152-24-021785.json","markdown":"https://secwatch.observer/filing/0001493152-24-021785.md","text":"https://secwatch.observer/filing/0001493152-24-021785.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224021785/0001493152-24-021785-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000149315224021785/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:38:45.141200+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}