{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-009730","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.570733+00:00","generated_at":"2026-05-25T01:03:22.833502+00:00","sec_items":["1.01","3.02","3.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Netcapital raises ~$143k by repricing warrants to $1.80, issues new warrants at $2.03","bullets":["Existing warrants for 79,558 shares repriced from $8.74 to $1.80 per share; holders exercised for cash.","Company issued new Series A-7 (5-yr) and A-8 (18-mo) warrants for 159,116 shares at $2.03 exercise price.","Gross proceeds ~$143k; no placement agent fees; net proceeds for general corporate purposes.","New warrants exercisable from Sept 5, 2025; subject to 4.99%/9.99% beneficial ownership limit.","Transaction closed March 6, 2025; shares issued in private placement under Section 4(a)(2)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-009730","json":"https://secwatch.observer/filing/0001493152-25-009730.json","markdown":"https://secwatch.observer/filing/0001493152-25-009730.md","text":"https://secwatch.observer/filing/0001493152-25-009730.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225009730/0001493152-25-009730-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225009730/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T01:03:22.833502+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"}