Netcapital enters $15M equity purchase agreement with Hudson Global Ventures; issues warrant for 1M shares

Netcapital Inc.

Up to $15M of common stock may be sold to Hudson Global Ventures under equity line.
Purchase price set at 92% of average of three lowest closing prices over prior 10 days.
Warrant issued to purchase 1M shares at $0.50 per share, exercisable for 3 years.
Issuance capped at 1,568,795 shares unless shareholder approval obtained under Nasdaq rules.
Agreement includes registration rights for resale of shares.

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