---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-000969"
form_type: "8-K"
ticker: "NCPL"
cik: "0001414767"
company_name: "Netcapital Inc."
filed_at: "2026-01-08T23:59:59+00:00"
generated_at: "2026-05-16T11:11:39.396427+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Netcapital acquires Iverson Design assets for 980K shares; Iverson joins as Chief Design Director

## Summary
- Acquired substantially all assets of Iverson Design, LLC, including AI-driven design and visualization tools.
- Consideration: 980,000 shares of Netcapital common stock issued at closing on January 2, 2026.
- Michael Iverson, founder, joins Netcapital as Chief Design Director and Head of AI Experience.
- Transaction supports Netcapital's transition to tokenization and digital asset platform.
- Iverson's IP includes proprietary AI design, animation, and real-time rendering technologies.

## SEC filing metadata
- accession: 0001493152-26-000969
- form_type: 8-K
- ticker: NCPL
- cik: 0001414767
- company_name: Netcapital Inc.
- filed_at: 2026-01-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414767/000149315226000969/0001493152-26-000969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414767/000149315226000969/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-000969
- JSON: https://secwatch.observer/filing/0001493152-26-000969.json
- Plain text: https://secwatch.observer/filing/0001493152-26-000969.txt

## Key facts
- Material Agreements
  Netcapital Inc. entered into Asset Purchase Agreement with Iverson Design, LLC valued at 980,000 shares of the Company’s common stock (effective 2026-01-02).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Iverson Design, LLC
  - Value: 980,000 shares of the Company’s common stock
  - Effective: 2026-01-02
  source text: On January 2, 2026, Netcapital Inc., a Utah corporation (the “Company”), entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) by and among the Company, Iverson Design, LLC, a Massachusetts limited liability company (the “Seller”), and Michael Iverson, as the Seller’s manager and sole member (collectively, the “Seller Parties”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1414767/000149315226000969/0001493152-26-000969-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.