---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-025607"
form_type: "8-K"
ticker: "NCPL"
cik: "0001414767"
company_name: "Netcapital Inc."
filed_at: "2026-05-28T20:05:32+00:00"
generated_at: "2026-05-28T21:08:17.097271+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Netcapital acquires NetNudge AI Agent Platform assets from Codesharp for up to 1.2M Series A Preferred shares

## Summary
- Consideration: 600,000 Series A Preferred shares at closing ($900K stated value); up to 600,000 more if $3M cumulative GAAP revenue earned in 3 years.
- Initial Preferred shares have 2.5 votes each; milestone shares non-voting. Convertible into common only at company's election.
- Liquidation preference of $1.50 per share; no cumulative dividends; participates in common dividends on as-converted basis.
- John Fanning Sr. (spouse of CFO) advised NetNudge; no separate consideration. NetNudge is early-stage, no customer/supplier contracts acquired.

## SEC filing metadata
- accession: 0001493152-26-025607
- form_type: 8-K
- ticker: NCPL
- cik: 0001414767
- company_name: Netcapital Inc.
- filed_at: 2026-05-28T20:05:32+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414767/000149315226025607/0001493152-26-025607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414767/000149315226025607/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-025607
- JSON: https://secwatch.observer/filing/0001493152-26-025607.json
- Plain text: https://secwatch.observer/filing/0001493152-26-025607.txt

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