{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-020048","form_type":"8-K","ticker":"NCPL","cik":"0001414767","company_name":"Netcapital Inc.","filed_at":"2025-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.931274+00:00","generated_at":"2026-05-18T05:56:24.393138+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Netcapital closes $3M registered direct offering plus $2.9M warrant potential","bullets":["Raised ~$3M gross from sale of 641,712 shares at $4.675/share.","Concurrent private placement of warrants to buy up to 641,712 shares at $4.55.","Warrants exercisable for 24 months; could yield additional $2.9M if fully cash-exercised.","Net proceeds: ~$250k to repay promissory notes, rest for working capital.","H.C. Wainwright acted as placement agent, receiving 7.5% cash fee and warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-020048","json":"https://secwatch.observer/filing/0001641172-25-020048.json","markdown":"https://secwatch.observer/filing/0001641172-25-020048.md","text":"https://secwatch.observer/filing/0001641172-25-020048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1414767/000164117225020048/0001641172-25-020048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1414767/000164117225020048/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:56:24.393138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}