{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-002270","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2025-01-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.570526+00:00","generated_at":"2026-05-28T01:02:06.025425+00:00","sec_items":["1.01","3.02","3.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Netcapital reduces warrant exercise price to $1.80, raises ~$487K in cash exercise","bullets":["Existing warrants for 270,861 shares exercised at $1.80 (down from $10.85); gross proceeds ~$487K.","Company issued new Series A-5 warrants for 361,148 shares and A-6 warrants for 180,574 shares, each at $2.07, exercisable in 6 months.","Placement agent H.C. Wainwright received 7.5% cash fee, management fee, expenses, and warrants for 20,315 shares at $2.25.","Proceeds used for general working capital; new warrants unregistered, resale registration to be filed."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-002270","json":"https://secwatch.observer/filing/0001493152-25-002270.json","markdown":"https://secwatch.observer/filing/0001493152-25-002270.md","text":"https://secwatch.observer/filing/0001493152-25-002270.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225002270/0001493152-25-002270-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225002270/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T01:02:06.025425+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"}