---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-001051"
form_type: "8-K"
ticker: "NCPL"
cik: "0001414767"
company_name: "Netcapital Inc."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T02:57:49.438086+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Netcapital authorizes 10M shares of blank-check preferred stock

## Summary
- Filed articles of amendment on March 25, 2025 to authorize 10,000,000 shares of preferred stock.
- Total authorized capital stock now 910M shares: 900M common ($0.001 par) and 10M preferred ($0.001 par).
- Board and shareholders approved the amendment at the September 25, 2024 annual meeting.
- No immediate issuance or use of the preferred shares was disclosed.

## SEC filing metadata
- accession: 0001641172-25-001051
- form_type: 8-K
- ticker: NCPL
- cik: 0001414767
- company_name: Netcapital Inc.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414767/000164117225001051/0001641172-25-001051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414767/000164117225001051/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-001051
- JSON: https://secwatch.observer/filing/0001641172-25-001051.json
- Plain text: https://secwatch.observer/filing/0001641172-25-001051.txt

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