Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Netcapital Inc. incurred loan of $145,000 with Labrys Fund II, L.P. at 12% of the principal amount, or $17,400, earned in full as of June 3, 2026 maturing June 3, 2027.
- Instrument
- loan
- Principal
- $145,000
- Counterparty
- Labrys Fund II, L.P.
- Rate
- 12% of the principal amount, or $17,400, earned in full as of June 3, 2026
- Maturity
- June 3, 2027
- Event
- incurrence
Exact text from the filing
On June 4, 2026, the transaction closed upon the Company’s receipt of the purchase price, and the Company issued and delivered to Labrys a promissory note dated June 3, 2026 in the principal amount of $145,000 (the “Note”)
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Netcapital Inc. issued convertible note to Labrys Fund II, L.P. for $125,000 purchase price.
- Security
- convertible note
- Purchaser
- Labrys Fund II, L.P.
- Consideration
- $125,000 purchase price
Exact text from the filing
and delivered to Labrys a promissory note dated June 3, 2026 in the principal amount of $145,000 (the “Note”) and a common stock purchase warrant dated June 3, 2026 to purchase 125,000 shares of the Company’s common stock, par value $0.001 per share, at an initial exercise price of $0.50 per share (the “Warrant,” and together with the Note, the shares issuable
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Netcapital Inc. issued 125,000 shares of common stock of warrant to Labrys Fund II, L.P..
- Security
- warrant
- Shares
- 125,000 shares of common stock
- Purchaser
- Labrys Fund II, L.P.
Exact text from the filing
and a common stock purchase warrant dated June 3, 2026 to purchase 125,000 shares of the Company’s common stock, par value $0.001 per share, at an initial exercise price of $0.50 per share
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.99
Netcapital Inc. entered into Securities Purchase Agreement and related Promissory Note and Warrant with Labrys Fund II, L.P. valued at $145,000 principal promissory note, $125,000 purchase price, $111,250 net proceeds received, warrant (effective 2026-06-04).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Labrys Fund II, L.P.
- Value
- $145,000 principal promissory note, $125,000 purchase price, $111,250 net proceeds received, warrant
- Effective
- 2026-06-04
Exact text from the filing
On June 4, 2026, Netcapital Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) dated as of June 3, 2026 with Labrys Fund II, L.P., a Delaware limited partnership (“Labrys”). On June 4, 2026, the transaction closed upon the Company’s receipt of the purchase price, and the Company issued and delivered to Labrys a promissory note dated June 3, 2026 in the principal amount of $145,000 (the “Note”) and a common stock purchase warrant dated June 3, 2026 to purchase 125,000 shares of the Company’s common stock, par value $0.001 per share, at an initial exercise price of $0.50 per share (the “Warrant,” and together with the Note, the shares issuable upon conversion of the Note and the shares issuable upon exercise of the Warrant, the “Securities”).
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