Netcapital shareholders reject auditor ratification, 4 other proposals; board re-elected with heavy withhold votes

Netcapital Inc.

Shareholders voted against ratifying Fruci & Associates as auditor (1.79M against vs 0.90M for).
Non-binding say-on-pay failed (1.43M against vs 0.90M for).
Amendments to 2023 Omnibus Equity Incentive Plan rejected (1.46M against vs 0.54M for).
Reincorporation from Utah to Nevada defeated (1.46M against vs 0.54M for).
All five directors re-elected, but each received >1.4M withhold votes vs ~580K for.

item 5.07

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.