---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-036916"
form_type: "8-K"
ticker: "NCPL"
cik: "0001414767"
company_name: "Netcapital Inc."
filed_at: "2026-08-10T21:21:07+00:00"
generated_at: "2026-08-10T21:22:09.130404+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Netcapital granted extra 180-day Nasdaq compliance period; amends Vanquish notes

## Summary
- Nasdaq granted 180-day extension until Feb 1, 2027 to regain $1.00 minimum bid price compliance.
- Company failed initial compliance by Aug 3, 2026; may need reverse stock split by ~Jan 22, 2027.
- Amended three Vanquish convertible notes ($51,750, $92,800, $182,120) adding 19.99% issuance cap pending stockholder approval.
- Amended notes set $0.10 conversion floor for first six months and 4.99% beneficial ownership cap; default conversion at 65% of lowest price.
- No immediate effect on NCPL listing; if delisted, timely hearing request would not stay suspension.

## SEC filing metadata
- accession: 0001493152-26-036916
- form_type: 8-K
- ticker: NCPL
- cik: 0001414767
- company_name: Netcapital Inc.
- filed_at: 2026-08-10T21:21:07+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414767/000149315226036916/0001493152-26-036916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414767/000149315226036916/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-036916
- JSON: https://secwatch.observer/filing/0001493152-26-036916.json
- Plain text: https://secwatch.observer/filing/0001493152-26-036916.txt

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