Netcapital licenses Horizon's blockchain platform for 500,000 shares

Netcapital Inc.

Issued 500,000 shares of common stock (NCPL) to Horizon Globex GmbH for a perpetual, royalty-free license to Horizon's blockchain-based capital-raising and secondary trading platform.
License is non-exclusive, restricted to the United States; includes branding of platform and app for Netcapital.
Platform facilitates security token offerings, Reg D/A offerings, and secondary trading; configured on Microsoft Azure cloud.
No cash proceeds from share issuance; shares issued under Section 4(a)(2) and/or 3(a)(9) of Securities Act.
Agreement governed by New York law; effective June 26, 2025; may be terminated for uncured material breach or insolvency.

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