Netcapital acquires Rivetz assets, appoints new CEO to expand into crypto/blockchain

Netcapital Inc.

Acquired substantially all Rivetz Network assets in exchange for 950,000 shares; closed Dec 3.
CEO Martin Kay resigned Dec 3; severance $98,750, full option vesting, 12-month consulting at $10k/month.
Rich Wheeless appointed CEO Dec 7; base $180k; plans to expand Netcapital into crypto/blockchain investments.
Kevin Kilduff appointed GC; inducement grant of 1,000,000 restricted shares vesting on revenue milestones $900k-$1.5M.
Issued 950,000 unregistered shares to Rivetz for asset acquisition.

item 1.01 item 3.02 item 5.02 item 8.01 item 9.01

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.