---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-017158"
form_type: "8-K"
ticker: "NCPL"
cik: "0001414767"
company_name: "Netcapital Inc."
filed_at: "2025-06-30T23:59:59+00:00"
generated_at: "2026-05-18T12:30:41.827597+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-017158
- form_type: 8-K
- ticker: NCPL
- cik: 0001414767
- company_name: Netcapital Inc.
- filed_at: 2025-06-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414767/000164117225017158/0001641172-25-017158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414767/000164117225017158/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-017158
- JSON: https://secwatch.observer/filing/0001641172-25-017158.json
- Plain text: https://secwatch.observer/filing/0001641172-25-017158.txt

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