secwatch.observer — SEC 8-K summary
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Issuer:     Netcapital Inc. (NCPL)
CIK:        0001414767
Form:       8-K
Filed at:   2024-08-19T23:59:59+00:00
Accession:  0001493152-24-033118
Event type: regulatory
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Netcapital regains Nasdaq bid price compliance; delisting appeal canceled
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- Nasdaq notified Netcapital on Aug 19, 2024 that it met Bid Price Rule (closing price >= $1.00 for 10 consecutive business days since Aug 2, 2024).
- Company was previously out of compliance from Sep 1, 2023, and faced delisting after bid price fell to $0.10 or less for 10 days.
- Netcapital requested a hearing to appeal the delisting, but the hearing was canceled after regaining compliance.
- The regained compliance ensures continued listing on The Nasdaq Capital Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414767/000149315224033118/0001493152-24-033118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414767/000149315224033118/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-033118

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