secwatch.observer — SEC 8-K summary
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Issuer:     Netcapital Inc. (NCPL)
CIK:        0001414767
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001903596-22-000932
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netcapital closes $1.75M public offering of 1.247M shares at $1.40/share
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- Public offering of 1,247,000 shares at $1.40/share; gross proceeds $1,745,800.
- Net proceeds to company approximately $1.39 million after discounts and expenses.
- Underwriters granted 45-day option to purchase up to 187,000 additional shares for over-allotments.
- Proceeds will be used for general corporate purposes, working capital, and G&A expenses.
- Company insiders subject to 3-month lock-up from December 13, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1414767/000190359622000932/0001903596-22-000932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1414767/000190359622000932/f2sncpl8k121622.htm
  HTML page:      https://secwatch.observer/filing/0001903596-22-000932

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