{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-013187","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2025-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.931651+00:00","generated_at":"2026-05-17T06:43:42.457144+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Netcapital shareholders reject auditor ratification, 4 other proposals; board re-elected with heavy withhold votes","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-013187","json":"https://secwatch.observer/filing/0001493152-25-013187.json","markdown":"https://secwatch.observer/filing/0001493152-25-013187.md","text":"https://secwatch.observer/filing/0001493152-25-013187.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225013187/0001493152-25-013187-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000149315225013187/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:43:42.457144+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"}